The transaction involves NFE’s LNG import terminal in Montego Bayand its ... corporate debt and other general corporate needs. New Fortress Energy entered the Jamaican energy market in 2016 ...

The American energy ... release. New Fortress plans to sell one or more LNG production assets. In early November 2024, New Fortress announced the search for partners for LNG production units in the ...

New Fortress Energy ... In recent news, Excelerate Energy announced that it entered into an agreement with NFE for the acquisition of the latter’s two LNG terminals and a 150-MW combined heat ...

New Fortress Energy shares declined ... selling the operations for $1.06 billion to Excelerate Energy. The sale comprises the LNG import terminal in Montego Bay and an offshore floating storage ...

Excelerate Energy ... New Fortress Energy Inc.’s (Nasdaq: NFE) downstream liquefied natural gas business in Jamacia for $1.055 billion in cash. The assets include Montego Bay LNG Terminal ...

For New Fortress, the deal was positive from a deleveraging perspective, even if losing the Jamaica asset was not ideal. Both the companies provide floating LNG import terminals that allow ...

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 ...

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

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 ...

The transaction includes New Fortress Energy’s liquefied natural gas import terminal in Montego Bay ... operational expertise and our long-term LNG supply agreements, while offering the ...

Excelerate Energy Inc. EE has entered into an agreement to purchase New Fortress Energy Inc ... The transaction involves NFE’s LNG import terminal in Montego Bayand its Old Harbour offshore ...