Fitch Downgrades NFE’s IDR to ‘B+’

(Fitch, 12.Aug.2024) — Fitch Ratings has downgraded New Fortress Energy Inc.’s (NFE) Long-Term Issuer Default Rating (IDR) to ‘B+’ from ‘BB-‘ and has placed it […]

New Fortress Reports on 2Q:24 Results, Fast LNG

(New Fortress, 9.Aug.2024) — New Fortress Energy Inc. reported its financial results for the second quarter of 2024. Summary Highlights — Adjusted EBITDA(1) of $120mn in the second […]

MPC Energy Expands Further into Puerto Rico

(MPC Energy, 28.Mar.2023) — MPC Energy Solutions (MPCES) invests in a 2.6 MW grid-tied combined-heat-and-power plant (CHP) development project in Puerto Rico. This is the second […]

OPEC Releases MOMR With Data Thru Feb. 2019

(Energy Analytics Institute, Piero Stewart, 14.Mar.2019) — OPEC announced publication of its Monthly Oil Market Report (MOMR) as of 14 March 2019 with details on […]

Puerto Rico Power Co Names 3rd CEO

(AP, 19.Jul.2018) – Puerto Rico’s governor named a new CEO on Wednesday to lead the US territory’s power company, which has now seen three top […]

Puerto Rico Power Grid Still Unstable

(AP, Michael Weissenstein and Danica Coto, 19.Jul.2018) – Ten months after Hurricane Maria destroyed Puerto Rico’s electric grid, the local agency responsible for rebuilding it […]