NextDecade keeps Rio Grande LNG first production forecast for first half 2027

Reuters2026/07/30 11:42

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NextDecade kept guidance for Rio Grande LNG, targeting first gas in H2 2026, first LNG from Train 1 in H1 2027.
Engineering, procurement, construction progress as of June: Trains 1-2 74% complete; Train 3 50.4%; Train 4 15.5%; Train 5 9.4%.
Train 6 permitting advanced; FERC environmental review schedule targets final Environmental Impact Statement on June 25, 2027; FID goal set for H2 2027.
Train 5 funding added: $100 million note installments issued in April, July; $350 million of 6.56% Senior Secured Notes due 2050 outstanding.
Refinancing completed: $1 billion term loan at 7.05% due 2033; Phase 1 LLC issued $3.5 billion senior secured notes, received $109 million swap settlements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextDecade Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730544785) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NextDecade keeps Rio Grande LNG first production forecast for first half 2027

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