TotalEnergies has acquired a 10% stake in Train 4 of the Rio Grande LNG project in South Texas, enhancing its LNG export capabilities and reinforcing its market position.
Target Information
TotalEnergies, a leading energy company headquartered in France, has made a strategic investment in the joint venture developing Train 4 of the Rio Grande LNG (RGLNG) project in South Texas. The company has secured a 10% direct stake and an additional indirect stake of approximately 7% as a 17.1% shareholder in NextDecade, the project’s operating company.
Train 4 is a liquefied natural gas (LNG) plant project with a projected capacity of about 6 million tons per annum (Mtpa), which will enhance the total capacity of the RGLNG facility to approximately 24 Mtpa by 2030. The development represents a significant commitment to expanding TotalEnergies' LNG production capabilities in the United States.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The liquefied natural gas industry in the United States has witnessed substantial growth, driven by increasing global demand for clean energy sources and the country’s ab
Similar Deals
Blackstone Infrastructure Partners → Northern Indiana Public Service Company LLC
2024
DRW Energy Trading LLC → Piedras Pintas Salt Dome
2023
Pilot Water Solutions LLC → Oilfield Water Logistics
2022
TotalEnergies
invested in
Rio Grande LNG (RGLNG)
in 2025
in a Joint Venture deal