![Excelerate to acquire New Fortress Energy’s Jamaica business for $1.1bn [PDF Download]](https://energy-analytics-institute.org/wp-content/uploads/2020/09/Excelerate_FSRU_GBGP_home.jpg)
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 27.Mar.2025) — Excelerate Energy, Inc. entered into a definitive agreement with New Fortress Energy Inc. (NFE) to acquire […]
Tag: New Fortress Energy
New Fortress Inks GSA with Energiza in Puerto Rico
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Jan.2025) — New Fortress Energy Inc. (NFE) executed a 20-year gas supply agreement with Energiza to provide natural […]
New Fortress Updates on Financing for $2.7bn
(Energy Analytics Institute, 26.Nov.2024) — New Fortress Energy Inc. completed the first of two steps of its $2.7bn issuance of new senior secured notes due Nov. […]
Pennybacker Closes Purchase Miami LNG Business from New Fortress
(Aaron Simonsky, Energy Analytics Institute, 21.Nov.2024) — Pennybacker Capital Management, LLC, a real assets investment manager, completed the acquisition of the small-scale Florida-based liquefied natural […]
New Fortress Completes 3rd Loading Offshore Altamira
(Energy Analytics Institute, 25.Oct.2024) — New Fortress Energy Inc.’s (NFE) initial Fast LNG unit completed its third cargo loading on 25 Oct. 2024. The cargo […]
Mexico Gas Consumption Up During Jan.-Sep. 2024, IEA Says
(Energy Analytics Institute, 20.Oct.2024) — The Paris-based International Energy Agency (IEA) commented on Mexican natural gas demand in its most recent report. In Mexico, gas […]
New Fortress Sends Off First Full Cargo from Altamira
(Energy Analytics Institute, 30.Sep.2024) — New Fortress Energy Inc. announced that its Fast LNG (FLNG) asset located offshore Altamira, Mexico has achieved First Full Cargo […]
New Fortress Energy to Delay Dividend Payment
(Energy Analytics Institute, 30.Sep.2024) — New Fortress Energy Inc. will delay the payment of the company’s previously declared $0.10 per share Class A common stock […]
Class Action Filed Against New Fortress Energy
(Levi & Korsinsky, 20.Sep.2024) — Levi & Korsinsky, LLP notifies investors in New Fortress Energy Inc. of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to […]
NFE’s Fast LNG Asset Receives DOE Long-Term Authorization
(New Fortress Energy, 3.Sep.2024) — New Fortress Energy Inc. has received authorization from the United States Department of Energy (DOE) to export up to ~1.4 million tonnes […]
Fast LNG Asset Resumes Production After Scheduled Maintenance Outage
(New Fortress Energy, 19.Aug.2024) — New Fortress Energy Inc. announced that the scheduled maintenance outage of our 1.4 mtpa Fast LNG 1 asset located offshore […]
Mexico’s First LNG Cargo Sails, Launching New Business for Pipes
(East Daley, 16.Aug.2024) — New Fortress Energy (NFE) has loaded the first cargo from its floating LNG platform offshore Altamira, Mexico. The start-up of Mexico’s […]
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 […]
New Fortress Closes $700mn Loan for Second FLNG Unit
(New Fortress, 17.Jul.2024) — New Fortress Energy Inc. announced that after successfully producing LNG at its first FLNG unit (“FLNG 1”), the company has closed its […]
Pennybacker Acquires Miami LNG Business
(Pennybacker Capital, 9.Jul.2024) — Pennybacker Capital Management, LLC, a real assets investment manager, has entered into a definitive agreement to acquire a small-scale LNG business (Miami […]
New Fortress to Sell Miami Liquefaction and Storage Facility
(New Fortress, 1.Jul.2024) — New Fortress Energy Inc. has entered into a definitive agreement to sell its liquefaction and storage facility in Miami, Florida to […]
NFE Eyes First LNG in Days, First Cargo in July
(Energy Analytics Institute, 14.Jun.2024) — New Fortress Energy (NFE) updated the timing of its first LNG expectation for its first Fast LNG unit located offshore […]
New Fortress Receives Customs Ruling for Its FLNG Facility
(New Fortress, 29.Jan.2024) — New Fortress Energy Inc. (NASDAQ: NFE) (announced that U.S. Customs and Border Protection has issued a ruling confirming that the transportation of LNG produced […]
New Fortress to Charter FSRU for LNG Import Terminal in Brazil
(Reuters, 6.Nov.2023) — Liquefied natural gas (LNG) developer New Fortress Energy said on Monday it has signed a deal to charter a floating storage and […]
Mexico’s First LNG Plant to Receive Final Piece in Days
(Reuters, 22.Sep.2023) — The last major piece of infrastructure needed to start production at Mexico’s first floating liquefied natural gas (LNG) plant is set to […]
New Fortress Gets Export Approval for Altamira Fast LNG
(New Fortress Energy, 2.Jun.2023) — New Fortress Energy Inc. (NASDAQ: NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry […]
NFE Finalizes Deals with Pemex Regarding Lakach Offshore Gas Field
(New Fortress Energy, 22.Nov.2022) — New Fortress Energy Inc. (NASDAQ: NFE) has finalized its agreements with Petróleos Mexicanos (Pemex), Mexico’s state-owned oil company, to develop and operate […]
NFE and Apollo Complete $2bn LNG Maritime JV
(New Fortress Energy, 15.Aug.2022) — New Fortress Energy Inc. (NASDAQ: NFE) and Apollo (NYSE: APO) have completed the previously announced Joint Venture, establishing a platform […]
Mexico Plans to be LNG Export Hub with US Gas
(Bloomberg, 15.Aug.2022) — Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising mission: to become one of the […]
NFE and Apollo Funds to Form New JV; Deal Valued at $2bn
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) and Apollo (NYSE: APO) today announced that they have entered into a definitive Equity […]
NFE Signs Deal with CFE to Expand Supply of Natural Gas to Baja
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that it has entered into an agreement with Comisión Federal de Electricidad […]
NFE Inks Deal with Pemex for Lakach Field, FLNG Deployment Solution
(New Fortress Energy, 5.Jul.2022) — New Fortress Energy Inc. today announced that it has signed an agreement with Petróleos Mexicanos (Pemex) to form a long-term strategic partnership that […]
NFE Announces LNG SPA with Venture Global LNG
(New Fortress Energy, 16.Mar.2022) — New Fortress Energy Inc. (NASDAQ: NFE) announced the execution of two 20-year Sale and Purchase Agreements (SPA) with Venture Global LNG. […]
Venture Global Reveals New Sales Deals for Plaquemines and CP2 LNG
(Venture Global LNG, 16.Mar.2022) — Venture Global LNG executed two new long-term 20-year Sales and Purchase Agreements (SPAs) with New Fortress Energy Inc. (NASDAQ: NFE), including […]