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NextDecade appoints new Senior Vice President, Finance

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LNG Industry,

NextDecade Corp. has announced that Brent Wahl has been appointed Senior Vice President, Finance.

In his new role, Wahl will be responsible for leading the financing requirements of the company’s Rio Grande LNG project. Wahl will be particularly focused on project-level debt and equity financing for the construction of the Rio Grande LNG project in the Port of Brownsville, Texas, US.

Matt Schatzman, NextDecade’s Chairman and Chief Executive Officer, said: “Brent is widely known as one of the LNG industry’s preeminent financial advisors, and we are thrilled to have him join our leadership team.

“Brent brings considerable expertise to carry out our Rio Grande LNG financing plans and work with our joint project-level financial advisors, Société Générale and Macquarie Capital.”

Before he joined NextDecade, Wahl served as a Senior Managing Director and Head of Midstream Investment Banking for North America at Macquarie. During his nine years at Macquarie, Wahl handled advisory assignments and capital raises for companies across the energy value chain, including more than US$15 billion of debt and equity in support of the construction of LNG facilities in North America.

Wahl said: “I am pleased to join NextDecade as the company approaches a final investment decision on its ideally positioned Rio Grande LNG project later this year.

“NextDecade is deploying a solutions-oriented approach to provide Permian Basin producers natural gas flow assurance and access to the global LNG market, and I am delighted to help execute this industry-leading strategy.”

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