News

Ninteenth’s Purchase of NextDecade Corporation Common Stock

Published Date
Feb 8, 2023

Shearman & Sterling LLP represented Ninteenth Investment Company LLC (Ninteenth), a wholly owned subsidiary of Mubadala Investment Company, in a private placement transaction, pursuant to which Ninteenth purchased 3,334,444 shares of Common Stock of NextDecade Corporation at a purchase price of $5.998 per share for an aggregate purchase price of approximately $20m.

Mubadala Investment Company is a state-owned holding company of the Emirate of Abu Dhabi, United Arab Emirates managing a diverse, global portfolio of assets and investments. NextDecade Corporation is a liquified natural gas (LNG) development company focused on LNG export projects and associated pipelines.

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