NextDecade has made the final investment decision for the first phase of a new LNG facility in Texas after it secured $18.4 billion in funding. The first phase of the Rio Grande LNG will consist of three liquefaction trains, the company said in a press release, and will cost some $283 million. The total financing sum included $5.9 billion in commitments by Global Infrastructure Partners, Saudi Mubadala Investment Company, Singapore-based investment firm GIC, and TotalEnergies. The remainder of the funding came from loans to the tune of $11.6 billion…
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