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NextDecade to launch financing process for fourth Rio Grande LNG train
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NextDecade to launch financing process for fourth Rio Grande LNG train
In an update on Tuesday, NextDecade said that once the financing arrangements are finalized, it expects to make a positive FID (final investment decision) on Train 4. The company expects to finance the construction of the train utilizing a combination of debt and equity funding. In connection with consummating the Rio Grande Phase 1 equity joint venture, the company’s equity partners each have options to invest in Train 4 equity, which, if exerc…
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