The acquisition positions Excelerate as Jamaica's sole LNG platform, benefitting from first-mover advantage and its established presence in the Jamaica power system.

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 ...

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 ...

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 ...

New York-listed New Fortress Energy will sell its Jamaica gas assets to Excelerate Energy for US$1 billion, the two companies announced Thursday. The transaction includes New Fortress Energy’s ...

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 ...

New Fortress Energy shares declined after it said it plans to sell its natural gas assets and operations in Jamaica. The stock fell 11% to $9.86 Thursday morning. Shares have lost 35% of their ...

Investing.com -- Shares of New ... Jamaica and reinforcing their respective positions in the global energy market. In other news, on March 24 Stifel analysts maintained their Buy rating for New ...

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 ...