He is expected to appear before Omagh Magistrates Court tomorrow morning, Saturday, December. 01, for a first remand hearing.
The body of the father of nine was found in an alley off Creggan Street in the Bogside in the early hours of Sunday morning.
Police say the 52-year-old had sustained significant injuries to his head and body.
A 17 year old male remains in police custody after police were granted 36 hours to question the teenager earlier today.
On Friday morning, two men faced Derry Magistrates’ charged with Mr Neenan’s murder.
In the dock were Sean Rodgers (31), of Little Diamond in the city and Derek Cresswell (26) of no fixed abode.
Both were formally charged in court with the murder of the father-of-nine.
District Judge Barney McElholm issued a warning to people in the public gallery before the men appeared that he would not tolerate any disruptions to proceedings.
Rogers and Cresswell subsequently appeared in the dock and confirmed their names and that they understood the charges.
A senior detective with the PSNI’s Major Investigation Team told the court that she could connect both men to the murder charge.
Heartbroken relatives of Mr Meenan were weeping and crying in the public gallery during the hearing.
No bail applications were made and both men were remanded in custody to appear again on Friday, December 20.
Police officers had to intervene to hold back some members in the public gallery who screamed abuse at the two defendants as they were being led to the cells.
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