Rio Grande LNG, Cameron County Agree to Chapter 312 Property Tax Incentives
NextDecade Corporation (NEXT)
US:NASDAQ Investor Relations:
next-decade.com/investors
Company Research
Source: Business Wire
Agreements provide full abatement of county property taxes for ten years of operations Rio Grande LNG commits to maximize local hiring, significant payments-in-lieu-of-taxes, and funding for community projects THE WOODLANDS, Texas--(BUSINESS WIRE)-- NextDecade Corporation (NASDAQ: NEXT) (“NextDecade”), a liquefied natural gas (“LNG”) development company focused on LNG export projects, announced today that its wholly-owned subsidiary, Rio Grande LNG, LLC has executed agreements with Cameron County, Texas (the “County”) to receive Chapter 312 tax incentives for its proposed Rio Grande LNG export project at the Port of Brownsville. The tax abatement agreements are aligned with distinct phases of the project and provide for the full abatement of County property taxes for each phase’s first ten years of operations. Subject to a positive final investment decision, Rio Gr
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News
- Long-Term LNG Contracts Review 2021-2023 [Yahoo! Finance]Yahoo! Finance
- NextDecade targets Rio Grande LNG Train 4 FID in this year's second half [Seeking Alpha]Seeking Alpha
- NextDecade targets Train 4 final investment decision at Texas LNG facility in H2 2024 [Yahoo! Finance]Yahoo! Finance
- NextDecade Provides Fourth Quarter 2023 Business Update [Yahoo! Finance]Yahoo! Finance
- NextDecade Provides Fourth Quarter 2023 Business UpdateBusiness Wire
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