Tag: Excelerate Energy

Excelerate names newest FSRU Excelerate Acadia during event in South Korea

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BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 31.Mar.2026, Words: 189) — Excelerate Energy, Inc. announced the official naming of its newest floating storage and regasification unit, Excelerate Acadia, during a naming ceremony at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. The ceremony highlights Excelerate’s long‑standing engagement with […]

Excelerate receives award letter for development of FLNG import terminal in Iraq

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THE WOODLANDS, TEXAS (By Excelerate, 1.Oct.2025, Words: 335) — Excelerate Energy, Inc. received an official award letter from the government of Iraq to develop an integrated floating liquefied natural gas (LNG) import terminal, marking a significant milestone in the country’s energy diversification strategy. Following approval in Baghdad from Iraq’s prime […]

Excelerate ups EBITDA guidance related to New Fortress Energy Jamaica deal [pdf download]

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BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 29.Jul.2025, Words: 230) — Excelerate Energy, Inc. raised its full year 2025 adjusted EBITDA guidance range related to the acquisition of New Fortress Energy Inc.‘s business in Jamaica. “Our recent acquisition in Jamaica marks a significant milestone in Excelerate’s strategic vision […]

Petrobras inks deal with Excelerate for reliquefaction unit on the FSRU Experience

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SALVADOR, BRAZIL (By Pedro Silva, Energy Analytics Institute, 9.Jul.2025, Words: 155) — Brazil’s state-owned Petrobras signed an agreement with Woodlands-based Excelerate Energy for the installation of a reliquefaction unit on the FSRU Experience, located in Guanabara Bay, Brazil.  The reliquefaction unit is expected to be installed during the next planned […]

Excelerate Energy announces proposed $700mn offering of senior notes due 2030

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HOUSTON, TEXAS (Ian Silverman, Energy Analytics Institute, 21.Apr.2025) — Excelerate Energy, Inc. announced that its subsidiary Excelerate Energy Limited Partnership commenced an offering of $700mn in aggregate principal amount of unsecured senior notes due 2030.  Net proceeds from the note offering as well as an equity offering previously consummated by […]

Excelerate Announces Class A Common Stock $0.06/share Dividend

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HOUSTON, TEXAS (Editors at Energy Analytics Institute, 20.Feb.2025) — The Board of Directors of Excelerate Energy, Inc. declared a quarterly cash dividend with respect to the quarter ended 31 Dec. 2024 of $0.06 per share of Class A common stock.  The dividend is payable on 27 Mar. 2025 to Class […]

Excelerate Energy Achieves 3,000th STS LNG Transfer with FSRU Excellence

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(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — On 28 Dec. 2024, The Woodlands, Texas-based Excelerate Energy, Inc. safely completed its 3,000th LNG ship-to-ship (STS) operation since the start of STS operations in 2007.  The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence. The vessel received a […]

Excelerate Energy Announces Changes to Board of Directors

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(Energy Analytics Institute, 11.Oct.2024) — Excelerate Energy, Inc. announced that Henry G. Kleemeier retired from the Board effective 9 Oct. 2024, and that Tyler D. Todd has been elected to the company’s Board of Directors, effective 10 Oct. 2024.  Todd will serve on the Compensation and Nominating and Corporate Governance […]

Excelerate and Venture Global Announce SPA

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(Venture Global, 28.Feb.2023) — Excelerate Energy, Inc. (NYSE: EE) and Venture Global LNG announced the execution of a 20-year LNG Sales and Purchase Agreement (SPA). Under the SPA, Excelerate will purchase 0.7 million tonnes per annum (MTPA) of liquefied natural gas (LNG) on a free on board (FOB) basis from […]

Excelerate Energy Appoints Deborah Byers as Independent Director

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(Excelerate Energy, 6.Jul.2022) — Excelerate Energy, Inc. (NYSE: EE) announced that on 5 July 2022, its Board of Directors increased its size from six to seven members and appointed Deborah Byers as a new independent director effective immediately. In addition, Ms. Byers will serve as Chairperson of the Audit Committee. “We […]

Excelerate Energy Announces Pricing of IPO

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(Excelerate Energy, 12.Apr.2022) — Excelerate Energy, Inc. announced the pricing of its initial public offering of 16,000,000 shares of its Class A common stock at a price to the public of $24.00 per share. The company also granted the underwriters a 30-day option to purchase up to an additional 2,400,000 […]

Excelerate Energy Launches IPO

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(Excelerate, 4.Apr.2022) — Excelerate Energy, Inc. launched the roadshow for its initial public offering (IPO) of 16,000,000 shares of its Class A common stock. The initial public offering price is expected to be between $21.00 and $24.00 per share. The company also intends to grant the underwriters a 30-day option to purchase up to […]

Q&A: Excelerate Looks South for LNG Opportunities

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(Argus, 28.Dec.2021) — Brazil’s unfolding market opening for natural gas could also create opportunities for LNG in the region as a complementary energy source, US energy firm Excelerate Energy believes. Vice president for South America Gabriela Aguilar talked to Argus about the new mindset for energy integration between Brazil and […]

Excelerate Energy Initiates Ops At Bahia LNG Terminal

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(Excelerate, 9.Dec.2021) — Excelerate Energy L.P. announced that on 8 December 2021 it started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia. Excelerate’s floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing […]

Excelerate Energy Hosts Tree Planting Initiative In Bangladesh

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(Excelerate, 8.Dec.2021) — Excelerate Energy, a U.S.-based LNG company, organized a tree planting initiative on November 17, 2021 at Zero Point, Moheshkhali Island in Cox’s Bazar. Excelerate employees, with the help of the local community, business leaders, and officials, planted 10,000 mangroves across two acres of land to help raise […]

Petrobras Inks Deal For Leasing Of Bahia LNG Terminal

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(Petrobras, 28.Sep.2021) — Petrobras, following the release disclosed on 26 August 2021, signed with Excelerate Energy Comercializadora de Gás Natural Ltda. the lease contract of the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities, in the amount of approximately R$102mn, effective until December 2023, in addition to other ancillary […]

Bahia LNG Import Terminal Leasing Deal Advances

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(Energy Analytics Institute, 26.Aug.2021) — Brazil’s state oil company Petrobras said the leasing process for the LNG Regasification Terminal of Bahia (TR-BA) and associated facilities continues to move forward with Excelerate Energy Comercializadora de Gás Natural Ltda. advancing to the qualification stage. Effectively, the “verification stage of the effectiveness of […]

Excelerate Energy Advances On Leasing Of Bahia LNG Terminal

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(Excelerate, 26.Aug.2021) — Excelerate Energy L.P. successfully concluded with PetrĂłleo Brasileiro S.A. (Petrobras) the negotiation stage of the tender process for the lease of Bahia Regasification Terminal. Once the financial and legal qualification and certification stages have been concluded and all necessary regulatory approvals have been obtained, Excelerate will start […]

Antonio Pinho Joins Excelerate In Brazil

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(Excelerate Energy, 25.Mar.2021) — Excelerate Energy announced Antonio Pinho has joined the team as Commercial Director for Brazil. His addition comes as Excelerate continues to strengthen its position in South America to meet the growing demand for reliable energy in the region. Antonio joined the company on 4 March 2021, […]

FSRU Experience Breaks Send-Out Record

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(Execelerate Energy, 21.Sep.2020) — On 16 September 2020, Excelerate Energy successfully reached a send-out capacity of 1.06 billion cubic feet (Bcf) of natural gas on its floating storage and regasification unit (FSRU) Experience – an industry record. The operation was completed during a performance test at the Guanabara Bay liquefied […]

Argentina Plans To Close LNG Importing Facility

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(Bloomberg, Jonathan Gilbert, 17.Oct.2018) — Argentina plans to close a facility for importing liquefied natural gas (LNG), according to people with direct knowledge of the matter, after booming production from shale deposits in the Vaca Muerta region turned the country into a seasonal exporter. A contract with Excelerate Energy, which […]