Excelerate Energy closes $1.055bn acquisition of NFE’s business Jamaica

BELIZE CITY, BELIZE (Aaron Simonsky, Energy Analytics Institute, 14.May.2025, Words: 335) — Excelerate Energy, Inc. closed its $1.055bn acquisition of New Fortress Energy Inc.‘s business in Jamaica.

Per the purchase agreement, Excelerate acquired the assets and operations of the Montego Bay LNG Terminal, the Old Harbour LNG Terminal, and the Clarendon combined heat and power plant.