Shares of New Fortress Energy Inc. (NFE) tumbled 10% on Thursday morning after the company announced the sale of its Jamaican assets and operations to Excelerate Energy, Inc. (EE) for $1.06 billion.

By David French and Vallari Srivastava (Reuters) -Liquefied natural gas infrastructure provider Excelerate Energy has agreed to buy the Jamaica business of rival New Fortress Energy for $1.06 billion ...

The acquisition will allow Excelerate Energy to expand its global presence as well. For New Fortress Energy, the divestment of its Jamaican asset should prove to be advantageous from a de ...

Excelerate Energy's $1.05B acquisition is overpriced at 9x EBITDA. Read this article to know why I downgraded EE stock to ...

March 27 (Reuters) - Liquefied natural gas infrastructure provider Excelerate Energy (EE.N), opens new tab is nearing a deal to acquire the Jamaica business of smaller rival New Fortress Energy ...

Excelerate Energy is buying New York-based New Fortress Energy Inc.’s (Nasdaq: NFE) downstream liquefied natural gas business in Jamacia for $1.055 billion in cash. The assets include Montego ...

Excelerate Energy (NYSE:EE) said Thursday it agreed to acquire New Fortress Energy's (NASDAQ:NFE) business in Jamaica for $1.055B in cash. New Fortress' (NASDAQ:NFE) Jamaica business consists of ...

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE ...

THE WOODLANDS, Texas, March 27, 2025--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) ("Excelerate" or the "Company") today announced that it has entered into a definitive agreement with New ...

existing cash Deal expands Excelerate's LNG infrastructure footprint Sale helps New Fortress progress on deleveraging plan Shares of New Fortress fell 5.7% to $10.44 in early trading, and ...

Excelerate Energy Inc. EE has entered into an agreement to purchase New Fortress Energy Inc.’s NFE assets and operations in Jamaica. The deal will be financed entirely in cash for a total ...