Press Release

/Press Release

October 2019

NextDecade Announces US$50 Million Investment by Mubadala

2019-10-24T06:46:29-06:00 October 24th, 2019|Press Release|

Mubadala makes investment in leading LNG project developer adding to significant global energy portfolio. HOUSTON and ABU DHABI (October 24, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) and Mubadala Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, announced today that they have reached agreement for Mubadala to purchase US$50 million of NextDecade’s common stock in a private placement. NextDecade will [...]

NextDecade Issues $15 million in Common Stock to Bechtel at $7.08 per share

2019-10-01T15:38:52-06:00 October 1st, 2019|Press Release|

HOUSTON, Oct. 1, 2019 – NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has issued $15 million of common stock to an affiliate of Bechtel Oil, Gas and Chemicals (Bechtel). NextDecade issued the common stock to Bechtel at a price of $7.08 per share. In May 2019, NextDecade executed contracts with Bechtel for the engineering, procurement, and construction (EPC) [...]

September 2019

NextDecade and Enbridge Announce Strategic MOU for the Development of Rio Bravo Pipeline for the Rio Grande LNG Project

2019-09-18T06:43:15-06:00 September 18th, 2019|Press Release|

HOUSTON, Sept. 18, 2019 –NextDecade Corporation (NextDecade) (NASDAQ: NEXT) and Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today a Memorandum of Understanding (MOU) to jointly pursue the development of the Rio Bravo Pipeline (Rio Bravo) and other natural gas pipelines in South Texas to transport natural gas to NextDecade’s Rio Grande LNG project located in Brownsville, Texas. Rio Bravo [...]

June 2019

Brent Wahl Joins NextDecade as SVP of Finance

2019-06-17T07:03:12-06:00 June 17th, 2019|Press Release|

HOUSTON, Texas, USA (June 17, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has appointed Brent Wahl as Senior Vice President, Finance. In this role, Mr. Wahl will be responsible for leading the financing needs of NextDecade’s Rio Grande LNG project as part of the company’s efforts to provide the largest LNG export solution linking Permian Basin [...]

NextDecade Elects Matthew K. Schatzman as Chairman of the Board of Directors

2019-06-05T15:31:23-06:00 June 5th, 2019|Press Release|

HOUSTON, Texas, USA (June 5, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that its Board of Directors (Board) has elected Matthew K. Schatzman, NextDecade’s Chief Executive Officer, to serve as Chairman of the Board. Mr. Schatzman assumed his additional duties effective June 4, 2019. Matthew W. Bonanno, who served as Interim Chairman since May 14, 2019, was appointed [...]

May 2019

NextDecade Agrees to Sell Remainder of Series B Convertible Preferred Stock

2019-05-20T07:24:08-06:00 May 20th, 2019|Press Release|

Issuance of approximately $21 million previously authorized by the stockholders HOUSTON, Texas, USA (May 20, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has agreed to sell the remainder of its Series B Convertible Preferred Stock (Series B) to HGC NEXT INV, LLC (HGC) and to funds and accounts managed by each of York Capital Management Global [...]

NextDecade Board Elects Interim Chairman

2019-05-14T15:39:48-06:00 May 14th, 2019|Press Release|

HOUSTON, TX USA--(May 14, 2019) --NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that its Board of Directors (Board) voted to elect Matthew W. Bonanno, a Non-Executive Director, to act as Interim Chairman of the Board following the recent untimely death of Chairman Kathleen M. Eisbrenner. The Board expects to appoint a permanent Chairman by NextDecade’s Annual General Meeting of the [...]

NextDecade Mourns the Loss of Founder and Chairman Kathleen M. Eisbrenner

2019-05-13T05:31:34-06:00 May 10th, 2019|Press Release|

HOUSTON, TX USA--May 10, 2019--NextDecade Corporation (NextDecade) (NASDAQ: NEXT) mourns the loss of Kathleen M. Eisbrenner, 58, Founder and Chairman of the Board of Directors. “It is with great sorrow that we announce the untimely passing of our friend and colleague,” said Matthew K. Schatzman, President and Chief Executive Officer of NextDecade. “Kathleen was a true energy industry pioneer. We [...]

April 2019

NextDecade’s Rio Grande LNG Receives Final Environmental Impact Statement from FERC

2019-05-11T17:30:11-06:00 April 26th, 2019|Press Release|

HOUSTON, TX USA --Apr. 26, 2019-- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that the Federal Energy Regulatory Commission (FERC) has issued the Final Environmental Impact Statement (FEIS) for NextDecade’s Rio Grande liquified natural gas (LNG) project in Brownsville, Texas, as well as for the associated Rio Bravo Pipeline to originate in the Agua Dulce area. The FEIS issued by [...]

NextDecade Receives EPC Bid Packages for Rio Grande LNG Project from Bechtel and Fluor

2019-05-13T05:36:36-06:00 April 22nd, 2019|Press Release|

HOUSTON, Texas, USA (April 22, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has received bid packages from each of Bechtel Oil, Gas, and Chemicals, Inc. (Bechtel) and Fluor Corporation (Fluor), two of the global LNG market’s leading engineering, procurement, and construction (EPC) contractors. The technical and commercial bid packages, which were received on-schedule, are for fully [...]