NextDecade Announces D.C. Circuit Court Judgment Removing Vacatur Risk on FERC Order
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NextDecade Corporation announced that the U.S. Court of Appeals for the D.C. Circuit revised its judgment, removing the vacatur risk on FERC's order for the Rio Grande LNG Facility, allowing construction to proceed without impact.
March 18, 2025 | 6:45 pm
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The D.C. Circuit Court's revised judgment removes the vacatur risk on FERC's order, allowing NextDecade's Rio Grande LNG Facility construction to proceed without legal hindrance.
The removal of vacatur risk by the D.C. Circuit Court is a significant legal development for NextDecade, as it ensures that the construction of the Rio Grande LNG Facility can continue without legal interruptions. This is likely to have a positive impact on the stock price in the short term as it removes a major uncertainty.
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