NextDecade Provides First Quarter 2024 Business Update
NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the first quarter 2024 and early second quarter 2024.
- NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today provided an update on developmental and strategic activities for the first quarter 2024 and early second quarter 2024.
- Additionally, we are continuing to work with Bechtel on the EPC contracting process, which we expect will enable us to finalize the EPC contract for Train 4 by the end of the second quarter of 2024.
- In January 2024, the Company's wholly-owned subsidiary NextDecade LNG, LLC entered into a credit agreement that provides for a $50 million senior secured revolving credit facility with additional capacity of $12.5 million to cover interest.
- As of March 2024, progress on Trains 1 through 3 is in line with the schedule under the EPC Contracts.