BUZZ-NextDecade gains on reaching positive FID on Rio Grande Train 4 LNG project

Reuters
2025/09/10
BUZZ-NextDecade gains on reaching positive FID on Rio Grande Train 4 LNG project

** Shares of LNG producer NextDecade NEXT.O rise ~2% to $10.13 in extended trading

** Company reaches positive final investment decision on Train 4 at its Rio Grande LNG export facility in Texas

** Project costs for Train 4 and related infrastructure are expected to total nearly $6.7 billion, which is being financed using equity and loan commitments

** Company expects positive FID on Train 5 in Q4

** Up till last close, stock up 29% YTD

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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