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