NextDecade, a US LNG developer, secures up to $1.8bn from TotalEnergies and GIP for a new liquefaction plant at Rio Grande LNG in Texas, advancing towards FID for Train 4 with 5.4mtpa capacity. FERC’s final order expected by November 20. TotalEnergies invests $300m for 10% stake in joint venture. GIP affiliate contributes up to $1.5bn for 50% interest. NextDecade to invest $1.2bn for 40% interest. Train 4 construction contract with Bechtel for $4.77bn. Rio Grande LNG project to expand with Trains 4 and 5, aiming to uphold US as top LNG exporter. Subsidiaries update EPC contract with Bechtel for Train 4 and sign new agreement for Train 5 in Brownsville, Texas.

Read more at Yahoo Finance: NextDecade to secure $1.8bn from TotalEnergies and GIP for Rio Grande LNG project