NextDecade Equity Growth

What does NextDecade do? NextDecade Corp is an energy company based in Houston, Texas. It was founded in 2010 and specializes in utilizing renewable energy resources to meet global energy demand. The company specializes in the development of liquefied natural gas (LNG) and is one of the world's leading developers and producers of LNG. The business model of NextDecade Corp is based on providing clean energy and reducing greenhouse gas emissions through the use of liquefied natural gas (LNG). The company aims to build the leading LNG export infrastructure in the United States and the largest fleet of LNG ships. NextDecade Corp is divided into two business segments: Rio Grande LNG and Galveston Bay LNG. Rio Grande LNG is an LNG export company located on the coast of South Texas. It plans to build a pure LNG export facility with a capacity of 27 million tons per year. The company also plans to construct a pipeline that will connect it to the natural gas reserves of Texas and the Permian Basin in New Mexico. Galveston Bay LNG is an LNG export terminal located on the coast of Texas City. It is an expansion terminal that will be added to existing facilities, including the Texas City LNG terminal. Galveston Bay LNG plans to build additional loading facilities and tanks to support an export capacity of 5 million tons per year. The company also has a licensing agreement with Orbital Energy Group, a company specializing in renewable energy construction. Through this agreement, they gain exclusive rights to Orbital's patented wind technology. NextDecade plans to combine Orbital's renewable energy with LNG to provide clean energy. NextDecade Corp is also engaged in carbon capture and storage technology (CCS). The company plans to develop CO2 capture and storage systems in collaboration with OGCI Climate Investments to reduce the CO2 footprint of the LNG industry. As part of its comprehensive environmental and sustainability management, NextDecade also operates a strict environmental management program aimed at minimizing the impact of its business operations on the environment. The company also has a strong presence in Latin America and other regions with high demand for LNG. In 2020, the company signed a contract with PGNiG, a leading Polish energy company, to supply LNG to Poland. NextDecade Corp aims to drive the global energy transition by providing clean and sustainable energy options. With a strong focus on the development of LNG export infrastructure and renewable energy, the company plans to revolutionize the global energy sector and create a sustainable future. NextDecade is one of the most popular companies on Eulerpool.