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NextDecade Announces D.C. Circuit Court Judgment Removing Vacatur Risk on FERC Order

1. NextDecade's LNG project unaffected by revised court ruling. 2. Court judgment supports ongoing construction of Rio Grande LNG Facility.

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FAQ

Why Bullish?

The court ruling provides stability for NEXT's LNG development, reducing regulatory uncertainty.

How important is it?

The ruling mitigates risks for NEXT, indicative of a strong project pipeline and market confidence.

Why Long Term?

Long-term construction approval enhances NEXT’s growth prospects in the LNG market.

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HOUSTON--(BUSINESS WIRE)--NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced that the U.S. Court of Appeals for the D.C. Circuit (Court) issued a revision to its August 2024 judgment, remanding without vacatur the Federal Energy Regulatory Commission's (FERC) order for the first five liquefaction trains at the Rio Grande LNG Facility. “We are pleased with today's revised Court judgment, which ensures construction at the Rio Grande LNG Facility will not be impacted.

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