Welcome to our dedicated page for Nextdecade news (Ticker: NEXT), a resource for investors and traders seeking the latest updates and insights on Nextdecade stock.
NextDecade Corporation (NEXT), a Houston-based leader in liquefied natural gas (LNG) infrastructure and carbon capture solutions, provides this centralized hub for official company announcements and energy sector developments. Investors and industry stakeholders will find timely updates on project milestones, regulatory filings, and strategic partnerships that define NEXT's role in shaping sustainable energy infrastructure.
This resource aggregates verified press releases, earnings reports, and operational updates directly related to NEXT's LNG facility development and emissions-reduction technologies. Key content categories include project financing announcements, construction progress reports, carbon capture innovations through NEXT Carbon Solutions, and strategic partnership disclosures across the LNG value chain.
Bookmark this page for streamlined access to primary source information about NEXT's Rio Grande LNG projects, market expansion efforts, and environmental stewardship initiatives. All content is curated to meet investor needs for decision-ready data while maintaining compliance with financial disclosure standards.
NextDecade (NASDAQ: NEXT) has announced a positive final investment decision (FID) and financial close on Train 4 at Rio Grande LNG. The company has secured $6.7 billion in funding for Train 4, which will have an LNG production capacity of 6 MTPA. The project is backed by 20-year LNG Sale and Purchase Agreements with ADNOC, TotalEnergies, and Aramco totaling 4.6 MTPA.
The funding structure includes a $3.85 billion term loan facility, $1.13 billion in equity from NextDecade, and $1.70 billion in equity from partners. NextDecade maintains a 40% initial economic interest in Train 4, increasing to 60% after investors reach certain return thresholds. The company expects Train 4's completion in the second half of 2030.
Additionally, NextDecade anticipates a positive FID on Train 5 in Q4 2025, which is already commercially supported by 4.5 MTPA of agreements with JERA, EQT Corporation, and ConocoPhillips.
NextDecade (NASDAQ: NEXT) has completed the commercialization of Rio Grande LNG Train 5 by signing a 20-year LNG sale and purchase agreement (SPA) with ConocoPhillips (NYSE: COP). Under the agreement, ConocoPhillips will purchase 1.0 MTPA of LNG indexed to Henry Hub prices.
The company has now secured a total of 4.5 MTPA of LNG from Train 5 through 20-year SPAs, which is deemed sufficient for a positive Final Investment Decision (FID). NextDecade expects to achieve FID on Train 5 in Q4 2025, pending adequate financing, and plans to reach FID on Train 4 by September 15, 2025.
ConocoPhillips (NYSE: COP) has signed a significant 20-year LNG sales and purchase agreement with NextDecade Corporation to offtake 1 million tonnes per annum of LNG from the Rio Grande LNG project in Texas. The agreement is contingent on NextDecade's final investment decision on Train 5.
The deal advances COP's global LNG portfolio strategy and its 10 to 15 MTPA offtake ambition. Additionally, the company's OCP CryoSep® technology will be utilized at the Rio Grande LNG facility for heavy hydrocarbon removal. This agreement follows COP's recent commitment to 9 MTPA of LNG offtake from Port Arthur LNG Phases 1 and 2.
NextDecade (NASDAQ: NEXT) has signed a significant 20-year LNG sale and purchase agreement (SPA) with EQT Corporation (NYSE: EQT) for Rio Grande LNG Train 5. Under the agreement, EQT will purchase 1.5 million tonnes per annum (MTPA) of LNG indexed to Henry Hub prices.
The company has extended its EPC contract price validity with Bechtel Energy until November 15, 2025, with total costs for Train 5 estimated at $6.7 billion. NextDecade has secured 3.5 MTPA of total commitments for Train 5 and aims to secure an additional 1.0 MTPA before making a final investment decision (FID) in Q4 2025.
NextDecade (NASDAQ: NEXT) provided a comprehensive Q2 2025 business update highlighting significant progress in its Rio Grande LNG facility development. Phase 1 construction (Trains 1-3) is on schedule and on budget, with Trains 1 and 2 at 48.3% completion and Train 3 at 22.7% completion.
The company has secured major commercial agreements, including 20-year LNG sale and purchase agreements with Aramco (1.2 MTPA) and TotalEnergies (1.5 MTPA) for Train 4, and JERA (2.0 MTPA) for Train 5. NextDecade expects to reach Final Investment Decisions (FIDs) for both Train 4 and Train 5 by mid-September 2025, subject to financing.
The company also secured a $50 million increase to its senior secured loan, bringing the total to $225 million, and is developing plans for additional Trains 6-8, which could add approximately 18 MTPA of liquefaction capacity.
NextDecade (NASDAQ: NEXT) has signed a 20-year LNG sale and purchase agreement (SPA) with JERA, Japan's largest power generator, for 2.0 million tonnes per annum (MTPA) of LNG from Train 5 at the Rio Grande LNG Facility. The agreement is subject to a positive Final Investment Decision (FID) on Train 5.
The LNG will be sold on a free on board basis at a price indexed to Henry Hub. The company reports strong commercial momentum for Rio Grande LNG in the current year. The FID on Train 5 remains contingent on securing commercial arrangements, establishing an engineering, procurement, and construction agreement, and obtaining adequate financing.
NextDecade (NASDAQ: NEXT) has announced that TotalEnergies has exercised its LNG purchase option for Train 4 at the Rio Grande LNG Facility, leading to a significant long-term sales agreement. Under the new 20-year Sale and Purchase Agreement (SPA), TotalEnergies will purchase 1.5 million tonnes per annum (MTPA) of LNG on a free-on-board basis at a Henry Hub-indexed price.
The agreement is subject to a positive Final Investment Decision (FID) on Train 4. NextDecade has now secured a total of 4.6 MTPA of LNG from Train 4 through long-term contracts, reaching sufficient commercial support for a potential positive FID. The final decision remains contingent on securing adequate financing for Train 4 construction and related infrastructure.
NextDecade (NASDAQ: NEXT) has signed a significant 20-year LNG sale and purchase agreement (SPA) with an Aramco subsidiary for Train 4 of the Rio Grande LNG Facility. The agreement specifies the purchase of 1.2 million tonnes per annum (MTPA) of LNG on a free on board basis, with pricing indexed to Henry Hub.
The deal is contingent upon achieving a positive Final Investment Decision (FID) on Train 4, which requires securing appropriate commercial arrangements and adequate financing for construction of Train 4 and related infrastructure.
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