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Sidley Represents GIC in Its Commitment to NextDecade’s New US$18.4 Billion LNG Project
July 13, 2023
Sidley is representing GIC in connection with its commitment to NextDecade Corporation’s (NextDecade) (NASDAQ: NEXT) Phase 1, US$18.4 billion LNG project. Phase 1 will construct the first of three liquefaction trains at NextDecade’s 27 million tonnes per annum Rio Grande LNG (RGLNG) facility in Brownsville, Texas.
This US$18.4 billion RGLNG project financing is the largest greenfield energy project financing in U.S. history. GIC is a global investment firm that manages Singapore’s reserves. NextDecade is an energy company focused on more sustainable LNG and carbon capture solutions.
The Sidley team was led by M&A and Private Equity partners Asi Kirmayer and Ayo Badejo. The team also included Rachel Fridhandler, Christian Bennardo, and Alisha Tupchong (M&A and Private Equity); Ram Burshtine and Shen Mei Bolton (Global Finance); Laura Barzilai, Zack Pullin, and Andrew Smith (Tax); and James Mendenhall (Global Arbitration, Trade and Advocacy).
This US$18.4 billion RGLNG project financing is the largest greenfield energy project financing in U.S. history. GIC is a global investment firm that manages Singapore’s reserves. NextDecade is an energy company focused on more sustainable LNG and carbon capture solutions.
The Sidley team was led by M&A and Private Equity partners Asi Kirmayer and Ayo Badejo. The team also included Rachel Fridhandler, Christian Bennardo, and Alisha Tupchong (M&A and Private Equity); Ram Burshtine and Shen Mei Bolton (Global Finance); Laura Barzilai, Zack Pullin, and Andrew Smith (Tax); and James Mendenhall (Global Arbitration, Trade and Advocacy).
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