Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy , Bloomberg News reported on Wednesday, citing a negotiator.

Puerto Rico has temporarily shut down 10 of the 14 power plants it used to meet peak demand at the height of summer after New Fortress Energy withheld its latest shipment of liquified natural gas (LNG ...

Key PointsPuerto Rico was forced to shut down most of its peak-demand power plants after New Fortress Energy diverted its latest LNG shipment.

New Fortress Energy Inc. is withholding a liquefied natural gas shipment to Puerto Rico over disputed payments, according to the company. Josue Colon, Puerto Rico energy czar, says his office has ...

Puerto Rico faces potential power outages as New Fortress Energy halts LNG shipments amid contract disputes, straining the grid during peak summer demand.

The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial ...

New Fortress Energy did not respond to a request for comment. Colon’s office declined to immediately comment on the letter.

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy.

New Fortress Energy Inc. (NASDAQ:NFE) skyrocketed this week following reports that the company has secured a long-term contract to supply LNG to five power plants in Puerto Rico.

4 analysts have expressed a variety of opinions on New Fortress Energy NFE over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table summarizes their ...