NextDecade's Rio Grande LNG Gets TotalEnergies, GIP Investment ...

NextDecade's Rio Grande LNG gets TotalEnergies, GIP investment ...

NextDecade Gets $1.8 Billion Injection for LNG Project

NextDecade, the company building the Rio Grande LNG plant, has secured funding of a total $3 billion for the expansion of its project, with over half of the money coming from TotalEnergies and Global Infrastructure Partners, NextDecade reported in a Securities and Exchange Commission filing. The French supermajor will contribute $300 million of the total in exchange for a 10% stake in the fourth liquefaction train of the Rio Grande facility, whi…

NextDecade to secure $1.8bn from TotalEnergies and GIP for Rio Grande LNG project

NextDecade, a US liquefied natural gas developer, is set to secure up to $1.8bn in equity commitments from TotalEnergies and GIP.

NextDecade secures $1.8 billion funding from TotalEnergies, GIP for Rio Grande LNG project

The move brings NextDecade one step closer to a positive financial decision on that 5.4 million metric tons per annum (mtpa) facility, also called Train 4.

NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project – Oil & Gas 360

(BOE Report)– U.S. liquefied natural gas developer NextDecade said on Monday it will receive up to $3 billion in equity commitments from TotalEnergies and Global Infrastructure Partners (GIP) to finance the fourth liquefaction train at its Rio Grande LNG export project in Texas. TotalEnergies will contribute about $300 million for a 10% stake in the Train 4 joint venture, while a GIP affiliate will invest up to $1.5 billion for a 50% interest, wh