NextDecade's Rio Grande LNG Project Secures Major Funding Boost

Key Takeaways TotalEnergies and GIP commit $1.8B to fund Train 4 at NEXT's Rio Grande LNG in Brownsville.TotalEnergies takes 10% of Train 4, while GIP invests $1.5B for a 50% stake.Train 4 and Train 5 could add 10.8 mtpa capacity, boosting U.S. LNG export strength.NextDecade Corporation (NEXT) , a U.S.-based liquefied natural gas (LNG) company, announced that it has secured a commitment of $1.8 billion toward the expansion of the Rio Grande LNG plant near Brownsville, TX. In a regulatory filing, the company ...