Nextdecade Corporation · NASDAQ:NEXT
Nextdecade — Harmony Merger — SPAC Merger (March 2017)
10 slides from Nextdecade's SPAC merger presentation, Mar 13, 2017
Slide 1: Transaction Overview: Proposed Merger NextDecade, LLC and Harmony Merger Corp.
STRICTLY CONFIDENTIAL STRICTLY CONFIDENTIAL T RANSACTION O VERVIEW M ARCH 13 2017 P ROPOSED M ERGER N EXT D ECADE , LLC H ARMONY M ERGER C ORP . Developing Low - Cost LNG Export Solutions from the Permian Basin and Eagle Ford Shale in South Texas
Slide 2: The information provided in this Transaction Overview with respect to NextDecade, LLC (the “Company”)
PAGE 1 The information provided in this Transaction Overview with respect to NextDecade, LLC (the “Company”) has been provided for informational purposes only . This Transaction Overview shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there
Slide 3: Proposed Merger: Overview
PAGE 2 Harmony Merger Corp. (NASDAQ: HRMN, HRMNU, HRMNW) (“Harmony”) and NextDecade, LLC (“NextDecade”) have executed a non - binding letter of intent (“LOI”) for a business combination transaction (“Proposed Merger”), which would result in NextDecade becoming a publicly listed company. 1: Pending c
Slide 4: Harmony Rationale
PAGE 3 Harmony Rationale NextDecade and Harmony believe the Proposed Merger creates value for both companies’ current and future stakeholders, positioning Rio Grande LNG for positive FID as soon as mid - 2018. *Intrinsic valuation derived from discounted cash flow analysis of the Company’s perceived
Slide 5: Rio Grande LNG Overview
PAGE 4 NextDecade is a liquefied natural gas (“LNG”) development company focused on LNG export projects and associated pipelines in the State of Texas. NextDecade’s first proposed LNG export facility, the Rio Grande LNG project (“RGLNG”) in Brownsville, Texas, along with the associated Rio Bravo pip
Slide 6: NextDecade is well-positioned among the second wave of U.S. LNG project sponsors
PAGE 5 NextDecade is well - positioned among the second wave of U.S. LNG project sponsors. Key competitive advantages involve engineering, commercial, regulatory, and gas supply considerations. • Capital Cost and Technology. Rio Grande LNG’s EPC liquefaction costs are expected to be among the most c
Slide 7: NextDecade: Company Highlights
PAGE 6 NextDecade: Company Highlights Positioned to Become a Leader Among the Second Wave of U.S. LNG Projects • The Rio Grande LNG terminal is a planned LNG export facility to be located in the Port of Brownsville, Texas. The associated 137 - mile Rio Bravo pipeline is to originate in the Agua Dulc
Slide 8: NextDecade: Management
PAGE 7 NextDecade: Management Kathleen Eisbrenner oversees development and execution of NextDecade’s liquefaction and pipeline strategies. She was formerly ex ecutive vice president at Royal Dutch Shell, where she was responsible for the management of the company’s global LNG portfolio. Prior to She
Slide 9: Strong Secular Forces Underpin Growth of Global LNG Demand
PAGE 8 Strong Secular Forces Underpin Growth of Global LNG Demand • We believe LNG demand will rise over the coming years, driven by widespread interest in cleaner - burning, higher - yielding fuels, increased coal plant retirements, geopolitical considerations, and the desire for market access from
Slide 10: Contact
PAGE 9 Contact Harmony Merger Corp. 777 Third Avenue, 37th Floor New York, New York 10017 David Sgro, Chief Operating Officer T: + 1 (212) 319 7676 | E: [email protected] H ARMONY Ward CC (for NextDecade) 5959 West Loop South, Suite 510 Bellaire, Texas 77401 Molly LeCronier, Vice President T: