---
title: "NextDecade expects first LNG production at Rio Grande facility in H1 2027"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294359629.md"
description: "NextDecade reaffirms Rio Grande LNG targets, expecting first gas in H2 2026 and first LNG from Train 1 in H1 2027, keeping the project ahead of schedule. Funding is supported by a $1 billion term loan and $3.5 billion in senior secured notes for Phase 1. Additionally, Train 5 financing continues with $100 million tranches of senior secured notes due 2050, while Train 6's final investment decision is expected in H2 2027 following the Environmental Impact Statement."
datetime: "2026-07-30T11:52:32.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294359629.md)
  - [en](https://longbridge.com/en/news/294359629.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294359629.md)
generator: "portal-rs"
---

# NextDecade expects first LNG production at Rio Grande facility in H1 2027

-   NextDecade reaffirmed targets for Rio Grande LNG first gas in 2H 2026, first LNG from Train 1 in 1H 2027; project remains ahead of schedule. \* Train 6 outlook: final Environmental Impact Statement due June 25, 2027; timing supports a final investment decision in 2H 2027. \* Funding expectations supported by new debt: Phase 1 HoldCo Borrower $1 billion term loan at 7.05% due June 2033; Phase 1 LLC issued $3.5 billion senior secured notes. \* Train 5 financing continues: 6.56% Senior Secured Notes due 2050 issued in $100 million tranches; $350 million outstanding as of July 30. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextDecade Corporation published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**