SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 24, 2020
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1000 Louisiana Street, Suite 3900, Houston, Texas 77002
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The NASDAQ Stock Market LLC
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Emerging growth company ☒
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Item 1.01. Entry into a Material Definitive Agreement.
As previously disclosed, Rio Grande LNG, LLC (“RGLNG”), a subsidiary of NextDecade Corporation (the “Company”), and Bechtel Oil, Gas and Chemicals, Inc. (“Bechtel”) entered into (i) that certain Fixed Price Turnkey Agreement for the Engineering, Procurement and Construction of Trains 1 and 2 of the Rio Grande Natural Gas Liquefaction Facility, dated as of May 24, 2019 (the “Trains 1 and 2 EPC Agreement”), and (ii) that certain Fixed Price Turnkey Agreement for the Engineering, Procurement and Construction of Train 3 of the Rio Grande Natural Gas Liquefaction Facility, dated as of May 24, 2019 (the “Train 3 EPC Agreement”).
By amendment dated April 22, 2020, RGLNG and Bechtel amended the Trains 1 and 2 EPC Agreement (the “Trains 1 and 2 EPC Amendment”) to extend the contract price validity to July 31, 2020. By amendment dated April 22, 2020, RGLNG and Bechtel amended the Train 3 EPC Agreement (the “Train 3 EPC Amendment”) to extend the contract price validity to July 31, 2020.
The foregoing summaries of the material terms of the Trains 1 and 2 EPC Amendment and the Train 3 EPC Amendment do not purport to be complete and are subject to, and are qualified in their entirety by, reference to the full text of such agreements, copies of which will be filed as exhibits to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2020.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 28, 2020
/s/ Krysta De Lima
Name: Krysta De Lima
Title: General Counsel