NextDecade secures equity commitments for fourth Rio Grande LNG train
Liquefaction/Upstream
August 29, 2025

NextDecade secures equity commitments for fourth Rio Grande LNG train

NextDecade secured $1.8 billion in equity commitments from TotalEnergies and Global  Infrastructure Partners (GIP) to finance Train 4 at its Rio Grande LNG  project in Texas. TotalEnergies will take a 10% stake, GIP up to 50%  (reducing to 30% after return thresholds), and NextDecade up to 40% (rising  to 60%). The deal is subject to final investment decision, which NextDecade  targets for September 2025.

NextDecade secures equity commitments for fourth Rio Grande LNG train

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