Timothy Wyatt
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.
Highest-materiality recent filing
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).
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.
Max materiality 0.85 · Median 0.60 · Most common event leadership