Rio Grande LNG secures loan for first development phase

Friday, 06 October 2023

NextDecade, developer of the Rio Grande LNG export project in Texas, has secured $356 million of senior loans from a group of lenders to finance a portion of the first three liquefaction Trains. FID on the project was taken in July with a budget of over $11 billion and plans for a facility with 27 mtpa of output. 


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