NextDecade signs Train 5 EPC with Bechtel for $4.32B, amends Train 4 EPC to $4.768B

NextDecade Corp

Amended Train 4 EPC contract price: $4.768B (incl. ~€278M); new Train 5 EPC price: $4.320B (incl. ~€262M).
Train 5 scope: one liquefaction train, 180,000m3 LNG tank, ground flare, utilities; design mirrors Phase 1.
Bechtel must post letter of credit equal to 10% of contract price (5% after substantial completion) and parent guaranty.
RG5 must show proof of funding before full notice to proceed; deadline for NTP is Dec 15, 2026.
Liquidated damages for delay and performance; early production bonus if Train 5 completes ahead of schedule.

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