Excelerate Energy Improves FSRU Operations with Wärtsilä Gas Solutions Reliquefaction Retrofit Project
Excelerate Energy, Inc. Class A (EE)
Last excelerate energy, inc. class a earnings: 2/27 07:50 am
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Source: Business Wire
THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) has entered into an agreement with Wärtsilä Gas Solutions, part of technology group Wärtsilä, to purchase a reliquefaction system for retrofit installation onboard one of Excelerate’s floating storage regasification units (FSRUs). The equipment will be available to be installed on any of Excelerate’s existing vessels based on customer demand or for prospective LNG projects. The retrofit project will improve the environmental footprint of Excelerate’s FSRU operations by reliquefying boil-off gas and returning it back to the cargo tanks, thus reducing emissions and saving cargo at the same time. The system is also fitted with the latest technology and features to minimize maintenance and operational costs.“We are committed to reducing the environmental footprint in all our operations, and this project is a substantial part of that commitment. We are very pleased to partner up wi
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