NextDecade Announces Appointment of Brent Wahl as Chief Monetary Officer

NextDecade Company (NextDecade or the Firm) (NASDAQ: Future) nowadays declared that the Board of Directors has appointed Brent E. Wahl as Main Financial Officer powerful February 1, 2021. Mr. Wahl has served as the Company’s Senior Vice President, Finance, considering the fact that June 17, 2019.

Mr. Wahl will swap Benjamin A. Atkins, who has notified the Company of his intention to resign his situation as Main Economical Officer for particular motives. Mr. Atkins will proceed to be employed by the Enterprise till February 1, 2021, to make sure a seamless transition of the job to Mr. Wahl.

“I join my fellow employees and Directors in congratulating Brent on his appointment as CFO,” said Matt Schatzman, NextDecade’s Chairman and Chief Govt Officer. “Brent has built significant contributions to NextDecade considering the fact that joining the Firm in 2019, and I know he will be an remarkable CFO that will help us to obtain a final expenditure final decision at Rio Grande LNG in 2021.”

“On behalf of our workforce and the Board, I also want to thank Ben for his many years of devoted services to NextDecade,” continued Schatzman. “Ben’s economical acumen and steady management have benefited the Firm tremendously, and we would like him nicely.”

Prior to becoming a member of NextDecade, Mr. Wahl was a Senior Controlling Director and Head of Midstream Investment Banking for North The us at Macquarie. Mr. Wahl has additional than 20 yrs of expertise in the electrical power marketplace, obtaining also worked at J.P. Morgan and Lender of The usa. In the course of his job, Mr. Wahl has participated in a lot more than $50 billion of financings and a lot more than $100 billion of declared M&A transactions. Mr. Wahl holds a Bachelor’s Degree in Economics from the College of Western Ontario and a Master’s Diploma in Small business Administration from the Richard Ivey Faculty of Company at the University of Western Ontario.


About NextDecade Corporation

NextDecade Corporation (NextDecade) is a liquefied pure gas (LNG) improvement corporation centered on LNG export projects. NextDecade is developing the premier LNG export alternative linking Permian Basin and Eagle Ford Shale pure gasoline to the global LNG current market, developing price for producers, customers, and stockholders. Its portfolio of LNG projects includes the 27 mtpa Rio Grande LNG export facility in the Port of Brownsville, Texas. NextDecade’s widespread stock is detailed on the Nasdaq Inventory Industry below the image “Following.” NextDecade is headquartered in Houston, Texas. For more data, go to www.subsequent-10 years.com.

NextDecade Forward-Hunting Information and facts

This press release consists of forward-hunting statements in just the meaning of U.S. federal securities legal guidelines. The phrases “anticipate,” “contemplate,” “estimate,” “count on,” “undertaking,” “approach,” “intend,” “believe,” “may,” “may well,” “will,” “would,” “could,” “really should,” “can have,” “likely,” “proceed,” “design” and other phrases and phrases of identical expressions are supposed to recognize forward-hunting statements, and these statements may perhaps relate to the enterprise of NextDecade and its subsidiaries. These statements have been centered on NextDecade’s present assumptions, anticipations, and projections about long term events and trends and involve a amount of known and mysterious threats, which might lead to true effects to vary materially from anticipations expressed or implied in the forward-wanting statements. These challenges involve uncertainties about development in the enhancement of NextDecade’s LNG liquefaction and export tasks and the timing of that development NextDecade’s final expenditure final decision (“FID”) in the building and procedure of a LNG terminal at the Port of Brownsville in southern Texas (the “Terminal”) and the timing of that conclusion the productive completion of the Terminal by third-get together contractors and an roughly 137-mile pipeline to offer fuel to the Terminal becoming produced by a third-bash NextDecade’s capacity to protected added credit card debt and fairness funding in the foreseeable future to entire the Terminal the precision of estimated costs for the Terminal statements that the Terminal, when concluded, will have specific traits, like amounts of liquefaction capacities the advancement challenges, operational dangers, regulatory approvals relevant to the Terminal’s and the 3rd-social gathering pipeline’s design and operations functions NextDecade’s expected aggressive edge and technological innovation which may possibly render its expected aggressive advantage obsolete the worldwide demand for and price tag of normal gasoline (versus the price of imported LNG) the availability of LNG vessels all over the world changes in legislation and restrictions relating to the LNG field, which include environmental laws and regulations that impose significant compliance charges and liabilities the 2019 novel coronavirus pandemic and its influence on NextDecade’s business and operating results, like any disruptions in NextDecade’s functions or development of the Terminal and the wellness and protection of NextDecade’s staff members, and on NextDecade’s shoppers, the world economic climate and the desire for LNG threats similar to executing enterprise in and obtaining counterparties in foreign nations around the world NextDecade’s skill to keep the listing of its securities on a securities exchange or quotation medium modifications adversely affecting the organization in which NextDecade is engaged administration of advancement typical financial circumstances NextDecade’s ability to create income compliance with environmental rules and laws the consequence of foreseeable future funding efforts and purposes for customary tax incentives and other issues talked about in the “Possibility Factors” segment of NextDecade’s Yearly Report on Sort 10-K for the year finished December 31, 2019 and other subsequent experiences filed with the Securities and Trade Fee, all of which are integrated herein by reference.

Moreover, any improvement of the Terminal continues to be contingent on finishing essential professional agreements, getting all important permits and acceptance, securing all financing commitments and probable tax incentives, accomplishing other customary situations and creating a remaining expenditure choice to proceed. The forward-looking statements in this press release speak as of the date of this release. Although NextDecade believes that the anticipations mirrored in these ahead-wanting statements are sensible, it can give no assurance that the expectations will show to be suitable. NextDecade may possibly from time to time voluntarily update its prior forward-looking statements, having said that, it disclaims any motivation to do so besides as expected by securities laws.

View resource version on businesswire.com: https://www.businesswire.com/news/home/20210120005119/en/