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 [...]

2019-06-05T15:31:23-05:00 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 [...]

2019-05-28T07:03:53-05:00 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 [...]

2019-05-20T07:24:08-05:00 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 [...]

2019-05-14T15:39:48-05:00 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 [...]

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

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

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 [...]

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

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

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 [...]

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

NextDecade and Shell Execute 2 MTPA, 20-Year LNG Sale and Purchase Agreement

Approximately three-quarters of SPA volumes indexed to Brent HOUSTON, TX USA –(BUSINESS WIRE)–Apr. 1, 2019– NextDecade Corporation (“NextDecade”) (NASDAQ: NEXT) announced today at the LNG2019 conference in Shanghai, a 20-year sale and purchase agreement (“SPA”) with Shell NA LNG LLC (“Shell”) for the supply of two million tons per annum (“MTPA”) of liquefied natural gas (“LNG”) from NextDecade’s Rio Grande [...]

2019-05-14T15:42:11-05:00 April 1st, 2019|Press Release|

NextDecade to Make Major Announcement at LNG2019 in Shanghai

HOUSTON, Texas, USA (March 29, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) will make a major announcement related to its Rio Grande LNG project at LNG2019 in Shanghai, China. The announcement will take place on Tuesday, April 2, 2019 at 11:00 a.m. China Standard Time (April 1, 2019 at 10:00 p.m. U.S. Central Time) at NextDecade’s booth # 1054 in Hall One of the [...]

2019-05-13T05:37:56-05:00 March 29th, 2019|Press Release|

NextDecade Executes Site Lease for Rio Grande LNG Project in Brownsville

HOUSTON, Texas, USA (March 7, 2019) -- NextDecade Corporation (NextDecade) (NASDAQ: NEXT) announced today that Rio Grande LNG, LLC, a NextDecade subsidiary, has entered into a lease agreement with the Brownsville Navigation District (BND). The lease agreement was considered and approved during a meeting of the BND Board of Commissioners. The lease agreement, which covers an approximately 984-acre parcel of [...]

2019-05-13T05:38:04-05:00 March 7th, 2019|Press Release|