Abu Dhabi-based sovereign investor Mubadala Investment Co. agreed to invest $50 million in NextDecade Corp. by private placement. Mubadala will buy 7,974,482 in NEXT shares at $6.27 per share and receive one seat of the NextDecade board. The Houston-based company is developing the 27 mtpa Rio Grande LNG export facility in Brownsville, Texas. Mubadala will receive an additional 398,724 shares if a final investment decision on Rio Grande LNG is not reached by Jan.......
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