Fred Jones has said that securing financing is challenging:
A rapidly growing spot market worldwide for LNG, allied with global oversupply of the super-chilled fuel for at least the next few years, is transforming an energy business that traditionally counts on 20-30 year purchase agreements to bankroll projects.
"It's a very significant challenge to secure long-term buyers given the rise of spot market and oversupply," said Jones. A founder-shareholder of legendary trading business Marc Rich & Co, Jones was in Beijing as part of a trade delegation accompanying U.S. President Donald Trump on his visit to China.
I suspect that even if they get some financing, it will likely not be enough to completely fund Delfin's projects in their entirety. "Hedging their bets" might mean raising capital through a public vehicle that financing doesn't cover. That makes the most sense to me since public companies often obtain traditional financing as well.