AmericasLNG Terminals

NextDecade secures $1 billion Rio Grande LNG loan

By LNG Prime Staff
NextDecade secures $1 billion Rio Grande LNG loan
Rio Grande LNG (Image: NextDecade)

A unit of US LNG firm NextDecade has entered a $1 billion term loan to support the first three trains of the Rio Grande LNG project in Texas.

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Contracts and Tenders

Glencore pens Chinese LNG supply deal

Switzerland-based energy trader Glencore has signed a long-term deal to supply liquefied natural gas (LNG) to a unit of China Suntien Green Energy.
Contracts and Tenders

Equinor seals long-term LNG SPA with Thailand’s PTT

Norwegian energy firm Equinor has signed a long-term LNG sales and purchase agreement with a unit of Thailand’s PTT.
LNG Terminals

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

More News Like This

LNG Terminals

Sterling delivers Rio Grande LNG tug

Texas-based Sterling Shipyard has delivered a tug to a joint venture comprised of Bay-Houston Management, Moran Towing, and Suderman & Young Towing. The new tug will serve NextDecade's Rio Grande LNG project in Texas.
Contracts and Tenders

NextDecade inks deal with Baker Hughes to secure equipment for sixth Rio Grande LNG train

US LNG developer NextDecade has signed a reservation agreement with compatriot Baker Hughes to secure main refrigeration compressors for the planned sixth liquefaction train at its Rio Grande LNG terminal in the Port of Brownsville, Texas, according to Matt Schatzman, NextDecade chairman and CEO.
LNG Terminals

Adnoc’s XRG boosts stake in NextDecade’s Rio Grande LNG

Adnoc's investment unit XRG has completed the previously announced acquisition of an additional equity interest in Trains 4 and 5 of NextDecade's Rio Grande LNG terminal in Texas.
Corporate

NextDecade’s Rio Grande LNG in $3.5 billion senior notes offering

NextDecade's partially-owned subsidiary Rio Grande LNG priced an offering of $3.5 billion in senior secured notes.