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NextDecade Completes Evaluation of Galveston Bay LNG Site

2/1/2021

--press release-- HOUSTON--(BUSINESS WIRE)--Jan. 29, 2021-- NextDecade Corporation (NextDecade or the Company) (NASDAQ: NEXT) today announced that the Company has completed an evaluation of the Galveston Bay LNG site and determined that the site in Texas City is not suitable for development of an LNG facility and related infrastructure and utilities. The U.S. Army Corps of Engineers (USACE), Galveston District, has advised that a portion of the Galveston Bay LNG site is under Federal Navigation Servitude and serves as an active Dredged Material Placement Area (DMPA) for the Texas City Ship Channel Federal Project. The Galveston Bay LNG project cannot be constructed without USACE requesting

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