NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) has executed a 10 year charter agreement for the Energos Eskimo, a 160,000 m3 floating storage and regasification unit, with the Egyptian Natural Gas Holding Company (“EGAS”). The Eskimo will be deployed to EGAS' LNG import terminal located at Ain Sokhna, Egypt and is expected to begin operations in the s...
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce the completion of the private exchange of $1.5 billion new senior secured notes for more than two-thirds of each of the Company's outstanding senior secured notes maturing in 2026 and 2029. This transaction is the second and final step of the Company's $2.7 billion issuance of new s...
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and potentially used for floating storage, which may stabilize or reverse spot rate declines. Key players like Tsakos Energy Navigation and Flex LNG experienced significant losses, while New Fortress Energ...
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce the completion of the first step of the Company's $2.7 billion issuance of new senior secured notes due 2029 (the “Transaction”). The Transaction will be completed in two steps; the first step completed was the funding of $1.2 billion new senior secured notes. The second step will b...
AUSTIN, Texas , Nov. 21, 2024 /PRNewswire/ -- Pennybacker Capital Management, LLC (Pennybacker), a leading real assets investment manager, today announced it has completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy Inc. (Nasdaq: NFE). The Miami LNG business is a strategically located s...
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm reminds purchasers of securities of New Fortress Energy Inc. (NASDAQ: NFE) between February 29, 2024 and August 8, 2024, both dates inclusive (the "Class Period"), of the important November 18, 2024 lead plaintiff deadline. So what: If you purchased New Fortress securities during the Class Period you may ...
LOS ANGELES , Nov. 15, 2024 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against New Fortress Energy Inc. ("New Fortress" or the "Company") (NASDAQ: NFE).
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