THE WOODLANDS, Texas--(BUSINESS WIRE)--NextDecade Corporation (NASDAQ: NEXT) (“NextDecade”), a liquefied natural gas (“LNG”) development company focused on LNG export projects in Texas, announced today that Patrick Hughes has been appointed Vice President, Corporate Strategy. In this position, Hughes will be responsible for corporate strategy and business development activities including acquisitions, divestitures, joint ventures, and strategic partnerships. In addition, Hughes will oversee Investor Relations for NextDecade.
“We are delighted to have Patrick join our management team and believe he will make significant contributions to the advancement of our projects, including Rio Grande LNG in South Texas,” said NextDecade Chairman and CEO, Kathleen Eisbrenner. “Patrick’s deep knowledge of the global LNG industry, coupled with his sell-side research and investment banking experience, makes him an ideal match for this role and for NextDecade.”
Prior to joining NextDecade, Hughes was a Partner in the Investment Banking and Advisory group at Height Securities, LLC (“Height”) a Washington, D.C.-based broker-dealer. During his tenure at Height, Hughes focused exclusively on the energy and industrials sectors. Hughes and his team were widely recognized as leading financial advisors in the global LNG marketplace.
“I am honored to join NextDecade’s industry-leading team,” said Hughes, who will be based out of NextDecade’s headquarters in The Woodlands, Texas. “With significant experience across the global LNG value-chain, NextDecade has secured important competitive advantages for its projects. I look forward to working toward positive final investment decisions on the Rio Grande LNG and Rio Bravo Pipeline projects with NextDecade and its strategic and financial partners,” Hughes added.
In July 2017, NextDecade became a publicly listed company on the Nasdaq following its business combination with Harmony Merger Corp. Height served as NextDecade’s financial advisor for this transaction.
About NextDecade Corporation
Based in The Woodlands, Texas, NextDecade is a developer of LNG projects providing customers access to the full LNG value chain. NextDecade comprises a team of industry leaders with extensive experience in signing major LNG off-take deals, and developing and managing LNG, FLNG, and FSRU projects, as well as associated natural gas infrastructure around the world. For more information, please visit www.next-decade.com.
CAUTIONARY INFORMATION ABOUT FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of U.S. federal securities laws. The words “believe”, “expect”, “intend”, “plan”, “potential”, and similar expressions are intended to identify forward-looking statements, and these statements may relate to the business of NextDecade Corporation and its affiliates. These statements involve a number of known and unknown risks, which may cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These risks include uncertainties about NextDecade’s Rio Grande LNG and Rio Bravo pipeline projects and other matters discussed in the “Risk Factors” section of the definitive proxy statement filed by Harmony on June 29, 2017 and other subsequent reports filed with the Securities and Exchange Commission (the “SEC”), all of which are incorporated herein by reference. The forward-looking statements in this press release speak as of the date of this release. Although NextDecade may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.