Glenfarne’s Texas LNG Project Fully Subscribed With RWE Binding Offtake Agreement

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HOUSTON--(BUSINESS WIRE)--Jan 15, 2026--

Texas LNG Brownsville LLC, part of Glenfarne Group, LLC (Glenfarne), has signed a definitive 20-year Sales and Purchase Agreement with RWE Supply & Trading, one of Europe’s leading energy companies, for the supply of one million tonnes per year (MTPA) of Liquefied Natural Gas (LNG). This corresponds to approximately 13 cargoes of LNG and 1.4 billion cubic meters (BCM) per year of natural gas respectively. Deliveries can be shipped by RWE to locations in Europe and worldwide.

Glenfarne has now finalized conversion of all of Texas LNG’s previously announced Heads of Agreements to fully binding long-term definitive offtake agreements.

“We welcome RWE, one of the world’s most versatile energy companies, as an offtake partner for Texas LNG and look forward to helping them fulfill the needs of their customers with clean, competitive energy,” said Vlad Bluzer, Partner at Glenfarne Group, LLC and Co-President Texas LNG. “With the completion of offtake negotiations, Glenfarne is now focusing on finalizing the financing process as we advance toward a final investment decision in early 2026.”

Jacob Meins, Chief Commercial Officer Origination at RWE Supply & Trading said: “I am pleased to welcome Glenfarne as a strong partner in our LNG supply. This partnership strengthens our international LNG portfolio and supports Europe’s security of supply.”

Texas LNG features the use of electric drive motors for LNG production, making this project one of the lowest-emitting LNG terminals in the world. The RWE agreement provides a framework to monitor, report and verify greenhouse gas emissions (GHG) from the well head to LNG loading to document how LNG cargoes produced from the Texas LNG terminal support the reduction of GHG emissions across the LNG value chain.

Kiewit is leading the engineering, procurement, and construction of Texas LNG under a lump-sum turnkey structure.

About Texas LNG

Texas LNG is an LNG export facility to be constructed in the Port of Brownsville, Texas and a subsidiary of global energy and infrastructure leader Glenfarne Group, LLC. Texas LNG is led by an experienced team committed to creating one of the cleanest, lowest emitting LNG export facilities in the world through electric motor drives. Additional information about Texas LNG may be found on its website at www.texaslng.com.

About Glenfarne Group

Glenfarne Group is a privately held global developer, owner, and operator of energy infrastructure assets. Through its subsidiaries, Glenfarne owns and operates over 60 energy assets through three core businesses: Global LNG Solutions, Grid Stability, and Renewables. Glenfarne’s permitted North American LNG portfolio totals 32.8 MTPA of capacity under development in Alaska, Louisiana, and Texas. For more information, please visit www.glenfarne.com.

RWE

RWE is leading the way to a modern energy world. With its investment and growth strategy, RWE is contributing significantly to the success of the energy transition and the decarbonisation of the energy system. Around 20,000 employees work for the company in almost 30 countries worldwide. RWE is one of the leading companies in the field of renewable energy. RWE is investing billions of euros in expanding its generation portfolio, in particular in offshore and onshore wind, solar energy and batteries. It is perfectly complemented by its global energy trading business. Thanks to its integrated portfolio of renewables, battery storage and flexible generation, as well as its broad project pipeline of possible new builds, RWE is well positioned to address the growing global demand for electricity, particularly driven by further electrification and artificial intelligence. RWE is decarbonising its business in line with the 1.5-degree reduction pathway and will phase out coal by 2030. RWE will be net zero by 2040. Fully in line with the company’s purpose - Our energy for a sustainable life.

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CONTACT: Texas LNG - Tim Fitzpatrick

[email protected]

(907) 717-4978

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: OTHER NATURAL RESOURCES OTHER ENERGY UTILITIES OIL/GAS ALTERNATIVE ENERGY NATURAL RESOURCES ENERGY

SOURCE: Texas LNG Brownsville LLC

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PUB: 01/15/2026 09:50 AM/DISC: 01/15/2026 09:50 AM

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