NextDecade Provides Corporate Update, Confirms Capital Resources Sufficient to Sustain Operations Through Year-End 2021

HOUSTON (BUSINESS WIRE) -- May 18, 2020 -- NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today reported its first quarter 2020 results. The Company is also confirming its strong financial position and providing an update on progress made during 2020. NextDecade continues to advance and de-risk its Rio Grande LNG project (RGLNG). 2020 highlights through April include: Received additional [...]

2020-05-18T05:52:47-05:00 May 18th, 2020|Press Release|

NextDecade gives Rio Grande LNG project overview at the API Rio Grande Valley Chapter

NextDecade’s Paul Bruner, VP of Operations for Rio Grande LNG, was the guest speaker during the February meeting of the API RGV Chapter last week. NextDecade has been a member company of API (American Petroleum Institute) since 2018. The API RGV Chapter, which is comprised of business leaders, local service providers, and gas operations workers, was eager to learn about [...]

2020-02-27T10:28:56-06:00 February 26th, 2020|Announcement|

NextDecade and Enbridge Sign Definitive Agreement Regarding Rio Bravo Pipeline

HOUSTON--(BUSINESS WIRE)--Feb. 13, 2020-- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) and Enbridge Inc. (Enbridge) (TSX: ENB) (NYSE: ENB) announced today that they have entered into a definitive agreement whereby Enbridge will acquire Rio Bravo Pipeline Company, LLC (RBPL) from NextDecade for a cash purchase price not to exceed $25 million, with $15 million paid at closing and the balance paid upon NextDecade’s reaching a positive final investment decision (FID) on its Rio Grande LNG [...]

2020-02-13T18:48:50-06:00 February 13th, 2020|Press Release|

NextDecade’s Rio Grande LNG Receives Non-FTA Export Authorization from DOE

HOUSTON--(BUSINESS WIRE)--Feb. 10, 2020-- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that the U.S. Department of Energy (DOE) has issued an order granting authorization to export liquefied natural gas (LNG) from its Rio Grande LNG facility to non-free trade agreement (non-FTA) countries. In combination with a free trade agreement (FTA) order previously issued in August 2016, NextDecade is now authorized to export LNG equivalent to 1,318 [...]

2020-02-11T10:54:11-06:00 February 11th, 2020|Press Release|

NextDecade Receives FERC Order for Rio Grande LNG Project

HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NASDAQ: NEXT) announced today that the Federal Energy Regulatory Commission (FERC) has issued an order authorizing the siting, construction and operation of NextDecade’s proposed Rio Grande liquefied natural gas (LNG) export facility in Brownsville, Texas and the associated Rio Bravo Pipeline. “Issuance of the FERC order marks an extremely important milestone for our project,” said Matt [...]

2019-11-21T16:06:50-06:00 November 21st, 2019|Press Release|

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 [...]

2019-10-24T06:46:29-05:00 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) [...]

2019-10-01T15:38:52-05:00 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 [...]

2019-09-18T06:43:15-05:00 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 [...]

2019-08-29T13:33:47-05:00 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 [...]

2019-06-17T07:03:12-05:00 June 17th, 2019|Press Release|