texas border operations
BROWNSVILLE, Texas – Cameron County is proud to announce that it has received a Community Economic Development Award (CEDA) from the Texas Economic Development Council (TEDC). This prestigious recognition is for NextDecade Corporation’s Rio Grande LNG (RGLNG) project at the Port of Brownsville in Cameron County.
The CEDA program recognizes the extraordinary contributions of TEDC member organizations to the economic vitality of their communities and Texas. Candidates will be judged based on criteria including innovation, transferability, community engagement and impact, measurable goals, and collateral benefits. Cameron County won the award in the “Community Engagement and Utilization” category.
The RGLNG project exemplifies the benefits that collaboration between the private and public sectors can bring to local economies and communities. This project will provide significant long-term benefits through job creation, skills training, workforce development, supply chain enhancements, and infrastructure improvements. It is also a significant step forward in bringing much larger scale industrial development to economically challenged regions.
“This recognition reinforces the fact that Rio Grande LNG is a project that will move the needle in a positive direction here in Cameron County,” said Cameron County Judge Eddie Treviño. Judge Treviño concluded, “The positive economic impact this project will have on our community will last for generations through increased job opportunities, higher wages, and the introduction of supportive businesses.”
The $18.4 billion project, which broke ground in July 2023, is not only the largest development project in Cameron County, but also the largest privately funded infrastructure project in the state and state of Texas.
US. NextDecade’s community and environmental investments will further enhance the economic impact of the project and contribute to the vitality of the region for years to come.
Matt Schatzman, Chairman and CEO of NextDecade, said: “The RGLNG project is a testament to the hard work and dedication of our community partners and the partnerships we have built, including our partnership with Cameron County. It will bring billions of dollars of investment to the Valley.”
About NextDecade
NextDecade Corporation is an energy company accelerating the path to a net-zero future. NextDecade, a leader in innovation in more sustainable LNG and carbon capture solutions, is committed to providing the world with access to cleaner energy. The Company, through its subsidiaries Rio Grande LNG and NEXT Carbon Solutions, is developing a 27 MTPA LNG export facility in South Texas and is proposing a carbon capture and storage project at the site. We also work with third-party customers to implement proprietary processes to reduce carbon capture and storage costs and reduce CO2 emissions at industrial-scale facilities. NextDecade’s common stock is listed on the Nasdaq Stock Market under the symbol “NEXT.” NextDecade is headquartered in Houston, Texas. For more information, please visit www.next-decade.com.