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New Fortress Energy

Company Summary

Description

We deliver completely integrated and customized energy solutions to our customers to help them benefit from natural gas. We develop our projects from end-to-end, funding construction with our own capital and managing the entire process. We have world-class expertise in power, infrastructure, transportation and liquefied natural gas (LNG) and have developed a proven track record building and operating liquefaction facilities, onshore and offshore regasification terminals, pipelines, power plants and various small-scale solutions.

Website

https://www.newfortressenergy.com/about-us

Related Entities

Firm Transport Commitments

Project: Plaquemines LNG Project Phase II
Firm Commitment: 1 mtpa

Project: CP2 LNG Export Terminal - Phase 1
Firm Commitment: 1 mtpa

Recent news

  • 6/1/2022 - New Fortress Energy... (subscriber access)
  • 5/10/2022 - New Fortress Energy... (subscriber access)
  • 5/5/2022 - New Fortress Energy... (subscriber access)
  • 5/5/2022 - New Fortress Energy... (subscriber access)
  • 5/5/2022 - New Fortress Energy... (subscriber access)

Investor Presentations

Company Transactions

Date: 9/30/2022
Type: Acquisition

DETAILS:

COST: 1.29 $B

VOLUMES: 1593 MW

NOTES:
New Fortress Energy and its JV partner Ebrasil Energia Ltda. have entered into a share purchase agreement with Brazil's Eneva SA which will see Eneva acquire a 100% stake in the Porto de Sergipe Power Plant for $1.29 billion. The 1,593 MW facility is located in Northeastern Brazil.
REGIONS:
  • South America
  • Date: 9/21/2021
    Type: Acquisition

    DETAILS:

    VOLUMES: 310 MW

    NOTES:
    New Fortress will invest in a 40% stake in the 310-MW Yugadanavi Power Plant
    REGIONS:
  • Asia
  • Date: 4/16/2021
    Type: Acquisition

    NOTES:
    Golar LNG Limited and Stonepeak Infrastructure Partners have signed a deal to sell and merge a 100% stake in Hygo Energy Transmission to New Fortress Energy. New Fortress will acquire all outstanding shares of Hygo for $580 million in cash and 31.4 million shares of their own stock, giving Hygo an enterprise value of $3.1 billion and an equity value of $2.18 billion. Golar LNG, for their 50% stake, will receive 18.6 million NFE shares and $50 million in cash while Stonepeak is given 12.7 million shares and $530 million in cash. Closing is targeted for the first half of 2021. Additionally, NFE will acquire 100% of the common units and general partner units of Golar LNG Partners at $3.55/unit. That marks a $1.9 billion enterprise value and a $251 million equity value.
    REGIONS:
  • South America
  • International