TheGlobe.com Inc (TGLO)

[dave79]

Thanks X. https://www.energy.gov/sites/default/files/2023-10/Delfin%209_29_2023%20DOE%20Progress%20Report%20%28092923%20FINAL%29.pdf

The following comments are of interest:

More generally, Delfin is engaged in significant negotiations with major infrastructure
investors capable of providing all of the equity required for at least its first FLNG. With the
guidance of Citigroup as its financial structuring advisor, Delfin also is engaged in discussions
with commercial banks for the purposes of raising project finance debt. The banks involved are
all familiar with US land-based liquefication facilities and some are familiar with floating
liquefication projects, and the feedback on Delfin’s Project has been positive. The encouraging
progress being made on both equity and debt provides Delfin confidence in being able to
complete its financing for its first FLNGV by the end of this year.

Finally, Delfin is now in the final stages of preparing a permit application to Region 6 of
the Environmental Protection Agency (EPA) for air emissions associated with Delfin’s offshore
FLNGVs. Completion of the FLNGVs design provides the detailed information needed to
complete the air emissions permit application. Delfin and their consultants have been in regular
communication with EPA Region 6 air emissions permitting staff to ensure the permit
application meets agency guidelines and expectations. Delfin expects to formally file its air
emissions application with EPA Region 6 in the coming weeks.