Nextdecade Corporation Announces Final Investment Decision On Train 4 Of Its Rio Grande LNG Project, Securing Full Funding For Its Construction And Infrastructure

Author: Benzinga Newsdesk | September 09, 2025 03:32pm

NextDecade Corporation (NextDecade or the Company) (NASDAQ:NEXT) announced today that it has made a positive final investment decision (FID) on Train 4 at Rio Grande LNG, closed financial transactions to fully fund Train 4 and related infrastructure, and issued full notice to proceed to Bechtel Energy Inc. (Bechtel) for Train 4. Additionally, the Company continues to progress Train 5 at Rio Grande LNG toward an expected FID in the fourth quarter of 2025.

"We are pleased to announce today that we have made a positive FID on Train 4 and issued full notice to proceed to Bechtel," said Matt Schatzman, NextDecade's Chairman and Chief Executive Officer. "The global call for additional natural gas infrastructure continues to be strong, and we are well positioned to meet this growing demand for cleaner energy, with approximately 24 million tonnes per annum (MTPA) of expected LNG production capacity currently under construction, Train 5 nearing a positive FID, and significant additional expansion capacity under development at the Rio Grande LNG site. I'd like to thank the NextDecade team, our equity partners, our Train 4 LNG customers, Bechtel, our financing partners, and our local stakeholders for their ongoing support and contributions toward the continued success and growth of Rio Grande LNG."

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