Company Directory - NextDecade Corporation
Company Details - NextDecade Corporation
NextDecade Corporation
WebsiteNextDecade Corporation is an energy company focused on the development of liquefied natural gas (LNG) projects. The company is dedicated to providing sustainable energy solutions and contributing to global efforts aimed at reducing carbon emissions through innovative technologies.
CCI Score
CCI Score: NextDecade Corporation
-16.41
Latest Event
20-Year LNG Supply Deal with Saudi Subsidiary
NextDecade Corporation shares surged 23% to $7.33 after announcing a 20-year LNG sale and purchase agreement to supply 1.2 million tonnes per year to a subsidiary of Saudi Aramco, linking the company with an authoritarian regime.
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ENABLER
NextDecade Corporation is currently rated as an Enabler.
Latest Events
- APR082025
NextDecade Corporation shares surged 23% to $7.33 after announcing a 20-year LNG sale and purchase agreement to supply 1.2 million tonnes per year to a subsidiary of Saudi Aramco, linking the company with an authoritarian regime.
- MAR242025
NextDecade Corporation received a favorable ruling from the U.S. Court of Appeals for the D.C. Circuit that clears legal hurdles for its Rio Grande LNG project construction, following earlier challenges from environmental and community groups. The decision, coming in the context of policy drives including Trump’s push for U.S. energy dominance, paves the way for further expansion of the project.
-20
Public and Political Behavior
April 8
The court ruling clears a significant legal barrier and aligns with broader political trends favoring authoritarian energy policies. This decision supports a narrative that benefits corporate interests aligned with Trump’s push for energy dominance, potentially sidelining environmental and community concerns raised by marginalized groups.
NextDecade Clears Legal Hurdle for Rio Grande LNG Project Construction
-15
Business Practices and Ethical Responsibility
April 8
The favorable ruling may weaken the enforcement of stringent environmental assessments, thereby undermining community safeguards and ethical business practices. This outcome could exacerbate risks to marginalized communities by prioritizing rapid project development over comprehensive environmental protection.
NextDecade Clears Legal Hurdle for Rio Grande LNG Project Construction
- FEB062025
NextDecade Corp made PAC contributions totaling $7,500 to federal candidates in the 2023-2024 cycle, as reported by OpenSecrets based on FEC data released on 2025-02-06.
-20
Political Contributions and Lobbying Efforts
April 8
The reported corporate PAC contribution, while modest in amount, exemplifies NextDecade Corporation’s involvement in political finance. From an anti-fascist and democratic perspective, corporate influence through political contributions has the potential to distort democratic processes, reinforcing oligarchic power structures. Such actions, even if small, are concerning as they can indirectly benefit candidates with elitist or authoritarian leanings.
NextDecade Corp PAC Contributions to Federal Candidates • OpenSecrets
- AUG072024
The U.S. Court of Appeals for the D.C. Circuit vacated FERC's remand authorization for NextDecade Corporation's Rio Grande LNG facility due to the agency's failure to conduct a supplemental Environmental Impact Statement. NextDecade expressed disappointment and signaled a review of the implications, highlighting a potential gap in its adherence to strict environmental and regulatory standards.
-30
Business Practices and Ethical Responsibility
April 8
The court's decision to vacate the FERC authorization was based on the failure to perform a supplemental environmental review, suggesting that NextDecade Corporation may not be fully committed to rigorous environmental oversight. This gap in regulatory diligence reflects a shortfall in ethical business practices, which is vital for sustainable energy development and aligns with concerns over corporate accountability in matters of public interest.
NextDecade Faces Setback as Court Vacates FERC Authorization for Rio Grande LNG Facility
- AUG062024
On August 6, 2024, the U.S. Court of Appeals for the D.C. Circuit vacated FERC's authorization for NextDecade’s Rio Grande LNG facility, threatening an $18.4 billion project that was expected to generate over 6,000 jobs and bolster regional economic growth and global energy security.
+50
Economic and Structural Influence
April 8
NextDecade Corporation's RGLNG project was designed to stimulate economic development, create thousands of local jobs, and strengthen energy security. The court decision to vacate FERC's authorization undermines these potential benefits and, if it leads to project delays or cancellation, could harm the community's economic wellbeing. Despite the setback being a result of external regulatory action, the company's project demonstrated positive economic and structural influence.
- DEC312023
NextDecade Corporation spent $210,000 on lobbying efforts in 2023, as reported by OpenSecrets, raising concerns about corporate influence over policymaking that could undermine progressive democratic practices.
-50
Political Contributions and Lobbying Efforts
April 8
The company’s $210,000 expenditure on lobbying in 2023 represents a significant use of corporate resources to influence federal policy. Such political engagement can serve to prioritize corporate interests over community and worker rights, potentially enabling policies that disadvantage progressive and anti-fascist reforms.
- DEC312023
NextDecade Corporation spent $40,000 on lobbying efforts during 2023, as documented by OpenSecrets. This activity reflects an attempt by the company to influence policy decisions, raising concerns about undue corporate political influence.
-15
Political Contributions and Lobbying Efforts
April 8
The company's lobbying expenditure of $40,000 in 2023 indicates an engagement in political influence through financial contributions. Such actions can undermine democratic accountability by prioritizing corporate interests and aligning with authoritarian influences, thereby earning a negative score on the Political Contributions and Lobbying Efforts category.
- OCT012023
The FEC webpage provides a committee overview for the NextDecade Corporation Political Action Committee. The page details itemized transaction information and financial totals as reported by the committee, without explicitly indicating support for any particular political ideology.
+0
Political Contributions and Lobbying Efforts
April 8
The FEC data confirms that NextDecade Corporation maintains a Political Action Committee to manage campaign finance activities. However, there is no evidence in the article that the committee is used to support authoritarian or far-right policies. As such, the impact is evaluated as neutral.
NEXTDECADE CORPORATION POLITICAL ACTION COMMITTEE - committee overview
- JAN012022
NextDecade Corp raised $467 in the 2021-2022 election cycle as reported by OpenSecrets, indicating a very limited engagement in political funding. This modest contribution suggests that the company is not significantly channeling corporate money into political activities that might support authoritarian or far‐right agendas.
+20
Political Contributions and Lobbying Efforts
April 8
The reported PAC contribution of $467 is minimal, reflecting a low level of political funding that does not promote authoritarian influence. This limited involvement is seen as a favorable indicator in terms of anti-fascist corporate behavior.
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