XRG snaps up stake in Rio Grande LNG

Friday, 10 October 2025

ADNOC’s finance arm, XRG has closed its acquisition of an 11.7 percent equity stake in Phase 1 (Trains 1-3) of the Rio Grande LNG project in Brownsville, Texas. This investment is a joint venture between XRG and Global Infrastructure Partners (GIP), a part of BlackRock.


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