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NextDecade Announces US$50 Million Investment by Mubadala

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 [...]

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

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

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) [...]

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

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

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 [...]

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

NextDecade Chairman and CEO to Present at Barclays CEO Energy-Power Conference

HOUSTON--Aug. 29, 2019-- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that Matt Schatzman, Chairman and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York on September 3, 2019 at approximately 3 p.m. ET. About NextDecade Corporation NextDecade is a liquified natural gas (LNG) development company focused on LNG export projects and associated pipelines [...]

2019-08-29T13:33:47-06:00 August 29th, 2019|Project|

Brent Wahl Joins NextDecade as SVP of Finance

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 [...]

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

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

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 [...]

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

NextDecade Signs Lump-Sum Turnkey EPC Contracts with Bechtel for ~ $543 per ton

HOUSTON, Texas, USA (May 28, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that it has signed two contracts with Bechtel Oil, Gas and Chemicals (Bechtel) for the engineering, procurement, and construction (EPC) of NextDecade’s Rio Grande LNG project in Brownsville, Texas. The fully wrapped lump-sum turnkey (LSTK) EPC contracts include cost, schedule, and performance guarantees. The EPC contracts [...]

2019-05-28T07:03:53-06:00 May 28th, 2019|Project|

NextDecade Agrees to Sell Remainder of Series B Convertible Preferred Stock

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 [...]

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

NextDecade Board Elects Interim Chairman

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 [...]

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

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

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 [...]

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