NextDecade secures $3 billion funding from TotalEnergies, GIP for Rio Grande LNG project

Reuters

08/11

Aug 11 (Reuters) - U.S. liquefied natural gas developer NextDecade NEXT.O said on Monday it will receive up to $3 billion in equity commitments from TotalEnergies TTEF.PA and Global Infrastructure Partners (GIP) to finance the fourth liquefaction train at its Rio Grande LNG export project in Texas.

(Reporting by Arunima Kumar in Bengaluru; Editing by Arun Koyyur)

((Arunima.Kumar@thomsonreuters.com; Twitter: https://twitter.com/Aru_Kumar94 ;))

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