Golar LNG says it has closed on the additional debt financing needed to go ahead with a gas-to-power project off the coast of Brazil.

Golar Power, a joint venture with Stonepeak Infrastructure Partners, will build the "largest and most efficient thermoelectric power plant in Latin America and the Caribbean" in the Brazilian state of Sergipe.

Celse, the project company also controlled by Golar Power, received $1.34bn