Highest-materiality recent filing
NextDecade subsidiary Rio Grande LNG completes $3.5B senior secured notes offering
Issued $1B 5.250% notes due 2031, $500M 5.500% notes due 2034, $1.25B 5.750% notes due 2036, $750M 6.150% notes due 2041.
NextDecade subsidiary enters $1.0B term loan at 7.05% to reduce project debt
Subsidiary RGLNG HoldCo Borrower borrowed $1.0B at 7.05% per annum, maturing June 17, 2033.
NextDecade appoints John Zuklic as CFO, effective July 6, 2026
John Zuklic, former CFO of CITGO, named CFO; compensation includes $600k base, 100% bonus target, $2.1M LTI award.
NextDecade subsidiary amends credit agreement; adds $50M Series A loan at 8% exchangeable at $9.50
Incremental $50M Series A term loan + recharacterized $50M = $100M at 8%, quarterly PIK optional.
NextDecade closes $5.7B+ financing for Rio Grande LNG Train 5
RG5 secured $3.589B construction/term loan and $500M 6.56% senior secured notes due 2050.
NextDecade reaches FID on Train 4, secures $3.847B construction loan and JV partners
FID for Train 4 of Rio Grande LNG; secured $3.847B T4 Credit Agreement for construction.
NextDecade secures $3B equity commitments for Rio Grande LNG Train 4 with TotalEnergies and GIP
TotalEnergies commits $0.3B for 10% equity; financial investor commits $1.5B for 50% (drops to 30%); NextDecade commits $1.2B for 40% (rises to 60%).
NextDecade appoints three new directors; board expands to 12 members
Pamela Beall (former MPC EVP & CFO) named Class A director; serves on Audit, Construction/Operations, and Finance Committees.
NextDecade signs Train 5 EPC with Bechtel for $4.32B, amends Train 4 EPC to $4.768B
Amended Train 4 EPC contract price: $4.768B (incl. ~€278M); new Train 5 EPC price: $4.320B (incl. ~€262M).
NextDecade subsidiary closes $50M incremental term loan; issues warrants for 2M shares
Rio Grande LNG Super Holdings borrows additional $50M under existing credit agreement for working capital and LNG trains 4 and 5 development.
NextDecade secures $175M senior secured loan at 12% interest; issues 7.16M warrants to GA Credit
$175M term loan entered Dec 31, 2024; matures Dec 2030; interest 12% p.a., quarterly PIK option for first 2 years.
NextDecade signs $4.327B EPC contract with Bechtel for Rio Grande LNG Train 4
Contract price $4.327B for lump sum turnkey EPC of Train 4, including €263.9M in euro-denominated equipment.
NextDecade appoints Tarik Skeik as COO, effective July 24, 2024
Skeik was a global project executive at ExxonMobil; led completion of six greenfield assets exceeding $50B in investments.
Audit Committee dismissed Grant Thornton LLP on March 20, 2024 and appointed KPMG LLP for fiscal 2024.
NextDecade subsidiary RGLNG issues $190M in 6.85% Senior Secured Notes due 2047
RGLNG issued $190M aggregate principal of 6.85% Senior Secured Notes due 2047 on Feb 9, 2024.
NextDecade subsidiary secures $62.5M credit facility for Train 4 development costs
NextDecade LNG entered $50M revolver and $12.5M interest term loan with MUFG Bank.
NextDecade subsidiary closes $251M senior secured loan for Rio Grande LNG Phase 1
Rio Grande LNG subsidiary borrowed $251M under Credit Agreement on Dec 28, 2023.
On July 27, 2023, NextDecade issued 22,072,103 shares of common stock to Global LNG North America Corp. at $4.9837 per share for total $110 million.
NextDecade reaches FID, closes $11.8B in project financing for Rio Grande LNG Train 1-3
Secured $10.3B CD construction/term loan, $800M TCF credit (TotalEnergies backstop), and $700M 6.67% notes due 2033.
TotalEnergies to purchase 17.5% of NextDecade common stock in three tranches for aggregate ~$219.4M; first tranche of $40M closed June 14.
NextDecade extends EPC price validity for Rio Grande LNG to June 15, 2023; targets FID by Q2 2023
Amended EPC agreements with Bechtel extend price validity to June 15, 2023 for Trains 1-3.
NextDecade signs 20-year LNG SPA with Galp for 1.0 MTPA; targets FID on first 3 trains in Q1 2023
Executed 20-year LNG sale and purchase agreement with Galp for 1.0 MTPA, indexed to Henry Hub, free-on-board.
NextDecade raises ~$85M via private placement of 15.45M shares at $5.50/share
Sold 15,454,160 shares at $5.50 each for aggregate proceeds of approximately $85.0 million.
NextDecade sells 4.6M shares at $6.496/share to existing stockholder for $30M
Sold 4,618,226 shares of common stock at $6.496/share for aggregate $30M.
On June 3, 2026, NextDecade Corporation (the “ Company ”) announced the appointment of John Zuklic as the Chief Financial Officer of the Company, effective July 6, 2026.
On June 13, 2025, NextDecade Corporation (the “Company”) received a letter from Mr. Timothy Wyatt indicating that he was resigning from the Company's Board of Directors (the “Board”), effective immediately.
Effective March 24, 2025, Eric Garcia’s employment with NextDecade Corporation (the “Company”) terminated and as of such date he no longer served as the Company’s principal accounting officer.
Luke Boylston, age 36, will serve as the Company’s interim principal accounting officer while the Company is conducting its search for a new Chief Accounting Officer.
the Board of Directors (the “ Board ”) of the Company appointed Arnaud Lenail-Chouteau as a Class A director of the Board.
Thibaud de Préval previously notified the Company of his intent to resign from the Board, and his resignation was effective as of the date of Mr. Lenail-Chouteau's appointment to the Board.
On September 23, 2024, NextDecade Corporation (the “ Company ”) received notice from Mr. Thibaud de Préval of his intent to resign from the Company's Board of Directors (the “ Board ”).
On July 22, 2024, NextDecade Corporation (the “ Company ”) announced the appointment of Tarik Skeik as the Chief Operating Officer of the Company, effective July 24, 2024.
the vacancy created by Seokwon Ha’s resignation from the Board
On November 26, 2023, NextDecade Corporation (the “ Company ”) received notice from Mr. Seokwon Ha of his intent to resign from the Company's Board of Directors (the “ Board ”), effective December 3, 2023.
the Board of Directors (the “ Board ”) of the Company appointed Thibaud de Préval as a Class A director of the Board.
On June 6, 2022, Ivan Van der Walt notified NextDecade Corporation (the “ Company ”) of his decision to resign from the role of Chief Operating Officer of the Company effective as of June 10, 2022.
Max materiality 0.90 · Median 0.55 · Most common event leadership