NextDecade Corporation's stock experienced a decline of 23% as investors expressed concerns regarding the terms of the $18.4 billion financing for the liquefied natural gas project in the United States. LNG project to offer CO 2 emissions reduction of over 90% through carbon capture and storage. The project aims to produce 27 million tons of LNG per annum and will be the only U.S. The funding comes from a joint venture agreement with Global Infrastructure Partners, GIC, Mubadala Investment Company, and TotalEnergies. ![]() With $18.4 billion of financing secured for RGLNG Phase 1, this is the largest energy project financing of its kind in the history of the United States. The company confirmed a positive final investment decision to construct three liquefaction trains at the RGLNG export facility in Brownsville, Texas. Texas: NextDecade Corporation made a significant announcement regarding its Rio Grande LNG (RGLNG) project.
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