XRG completes Rio Grande LNG deal

ABU DHABI, 25th September, 2025 (WAM) -- XRG today announced it has closed its acquisition of an 11.7 percent equity stake in Phase 1 (Trains 1-3) of the Rio Grande LNG project in Brownsville, Texas, United States.

The investment is a strategic joint venture between XRG and Global Infrastructure Partners (GIP), a part of BlackRock.

Rio Grande LNG is one of the most ambitious LNG export infrastructure proje