Excelerate Energy has announced a definitive agreement to acquire New Fortress Energy's downstream liquefied natural gas (LNG) and power infrastructure business in Jamaica for $1.06bn in cash.

New Fortress said recently it hoped to raise ~$2B from asset sales including its businesses in Jamaica and Brazil, adding that the proceeds would be used to reduce its debt pile, which totaled $8 ...

New Fortress Energy (NFE) has finalized a transaction with Excelerate Energy (EE) to sell its assets and operations in Jamaica for $1.055B. Proceeds from the transaction will be used to reduce NFE ...

New Fortress Energy has divested its natural gas assets and operations in Jamaica for $1.06 billion to Texas-based Excelerate Energy. The sale consists of the LNG import terminal in Montego Bay as ...

"We initiated a position in New Fortress Energy Inc. (NASDAQ:NFE), a vertically integrated LNG infrastructure company with strategic import terminals across high-growth markets including Jamaica ...

Excelerate Energy has taken its tally of stock and bond market fundraising to more than $1bn in just 32 days after ...

According to Benzinga Pro, New Fortress Energy's peer group average for short interest as a percentage of float is 4.55%, ...

previous proceeds from other equity offerings and cash on hand will be used to fund the $1.055 billion acquisition of New Fortress Energy’s LNG import business in Jamaica. Remaining proceeds ...

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (the “Company”) plans to announce its financial results for the first quarter of 2025 after 4:00 P.M. Eastern Time on Monday ...

Chairman and CEO of New Fortress Energy.“We are proud of the contributions we have made to Jamaica's energy transition. Our Jamaican assets and employees are world-class and have played a ...