Hanwha Aerospace Co. Ltd. increased its stake in NextDecade Corporation by purchasing 1,651,971 shares for $9.4 million, raising direct ownership to 26,420,222 shares. The acquisition is the largest by the company in a year, indicating a strategic move amidst a 16.46% stock decline.

This purchase aligns with Hanwha Aerospace’s focus on LNG and CCS projects, reinforcing its collaboration with Hanhwa Energy and Korea Southern Power. While speculative due to NextDecade’s lack of revenue, the move underscores a long-term investment strategy in the energy sector.

The acquisition represents a deliberate shift towards direct holdings over affiliated entities, with the purchase price reflecting market conditions on Dec. 12, 2025. The stock’s 1-year decline of 20.10% offers an entry point for Hanwha Aerospace to capitalize on future LNG demand and emissions reduction initiatives.

Read more at Yahoo Finance: A 10% Owner of NextDecade (NEXT) Raised Their Bet By 1.65 Million Shares