{"schema":"rootz.ai/sec-company/v1","layer":1,"cik":"0001612720","name":"NextDecade Corp","summary":"NextDecade Corporation is a Houston-based energy company constructing and developing the Rio Grande LNG Facility near Brownsville, Texas. The facility involves natural gas liquefaction and LNG export, with five liquefaction trains (Phase 1, Train 4, Train 5) under construction targeting ~30 MTPA total capacity. The company has signed long-term SPAs with 14 counterparties for ~25.3 MTPA and is developing expansion Trains 6-8 and a potential carbon capture and storage project.","people":[],"products":[{"name":"Rio Grande LNG Facility - Phase 1","type":"service","description":"Three-train natural gas liquefaction and LNG export facility under construction near Brownsville, Texas, with ~18 MTPA capacity."},{"name":"Rio Grande LNG Facility - Train 4","type":"service","description":"Fourth liquefaction train under construction at Rio Grande LNG Facility with ~$6.7 billion expected capital cost."},{"name":"Rio Grande LNG Facility - Train 5","type":"service","description":"Fifth liquefaction train under construction at Rio Grande LNG Facility with ~$6.7 billion expected capital cost."},{"name":"LNG Sale and Purchase Agreements","type":"service","description":"Long-term LNG supply contracts with 14 counterparties for ~25.3 MTPA at fixed plus variable fees tied primarily to Henry Hub."},{"name":"Carbon Capture and Storage (CCS) Project","type":"service","description":"Potential CCS project being explored at the Rio Grande LNG Facility site."}],"partnerships":[{"partner_name":"Bechtel Energy Inc.","partnership_type":"development","description":"Fully wrapped, lump-sum turnkey EPC contracts for engineering, procurement, and construction of Phase 1, Train 4, and Train 5.","start_date":null},{"partner_name":"Honeywell","partnership_type":"licensing","description":"Provider of AP-C3MR liquefaction technology used at the Rio Grande LNG Facility.","start_date":null},{"partner_name":"Equity partners (Phase 1)","partnership_type":"strategic","description":"Joint venture partners for Phase 1 ownership; NextDecade expects up to ~20.8% of distributions from Phase 1 operations.","start_date":null},{"partner_name":"Equity partners (Train 4)","partnership_type":"strategic","description":"Joint venture partners for Train 4; NextDecade expects 40% of distributions, increasing to 60% after partners reach certain return.","start_date":null},{"partner_name":"Equity partners (Train 5)","partnership_type":"strategic","description":"Joint venture partners for Train 5; NextDecade expects 50% of distributions, increasing to 70% after partners reach certain return.","start_date":null}],"affiliations":[],"origin":{"leaf":"92859af22f95ddc5fa0a1ba378bb982ebcbc50a4e7cb3ee1f30e6d3cc1b86168","formula":"v2: sha256( sha256(content) || parent || source_accession )","content_sha256":"222f2a7f04c9023385f6534294e63a88fe46f771650b961690227268797cae72","parent":"621852ddfae1862fa349f22cc7450fc9c13a68ba7fd83bb532f1c5fcb829664d","source":"0001612720-26-000009","chain":"sec.gov/EDGAR (retrieved over TLS, accession recorded) > origin.rootz.global extraction > this response","registry":"origin.rootz.global","verify":"Recompute it: sha256(sha256(<this response body minus the origin block>) || parent || source_accession). 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