NextDecade, Harmony complete merger

NextDecade, Harmony complete merger
Image courtesy of NextDecade

US LNG export player, NextDecade completed the business combination with Harmony Merger Corp., forming NextDecade Corporation. 

The new company’s common stock will now trade on the NASDAQ stock exchange, the joint statement reads.

“As a public company, NextDecade will be able to better serve its stakeholders and realise its goal of providing competitively-priced LNG to the global marketplace,” Kathleen Eisbrenner, NextDecade’s CEO, said, commenting on the merger.

Eric Rosenfeld, formerly CEO of Harmony and now a member of NextDecade’s board of directors, added, “The LNG industry is in the midst of a global transformation and the United States is at the forefront of this changing industry.”

He added that the joint company can take advantage of this movement.

NextDecade noted its primary project, the 27 mtpa Rio Grande LNG export facility in South Texas, has made a significant commercial, engineering, environmental and regulatory progress.

The company currently anticipates receiving full authorization from all relevant permitting agencies in 2018, laying the groundwork for a final investment decision that same year.

Share this article

Follow LNG World News

Events>

<< Oct 2018 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

LNG Supply, Transport & Storage South Asia Forum 2018

LNG Supply, Transport & Storage South Asia Forum 2018 will address and propagate LNG imports…

read more >

Offshore Energy Exhibition & Conference 2018

Offshore Energy Exhibition & Conference (OEEC) is Europe’s leading offshore energy event.

read more >

LNG Philippines Forum 2018

LNG’s role in the Philippines’ energy mix will only get bigger…

read more >

5th Mozambique Gas Summit & Exhibition

Following the Summit’s success in 2017, the CWC Group in partnership with ENH and with the support and participation from MIREME and INP, are delighted to invite you to the 5th edition of the Mozambique Gas Summit & Exhibition taking place at a larger venue this year, the NEW Joaquim Chissano Conference Centre in Maputo on 31 October – 2 November 2018.

Recognised as the leading strategic meeting for Mozambique’s gas industry, the event addresses the entire gas and LNG value chain bringing together Government officials with industry stakeholders for 3 highly interactive days of networking and frank discussions aiming to establish Mozambique as the next international gas hub.

More info

read more >