Excelerate Energy to buy New Fortress' Jamaica assets for $1.06 billion [Yahoo! Finance]
New Fortress Energy Inc. - Class A (NFE)
Last new fortress energy inc. - class a earnings: 3/4 12:02 am
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Source: Yahoo! Finance
Jamaica business of rival New Fortress Energy for $1.06 billion in cash, according to statements from the companies on Thursday. Shares of New Fortress fell 5.7% to $10.44 in early trading, and Excelerate was down 0.7%, amid general stock-market falls following President Donald Trump's latest tariff gambit. The deal, confirming an earlier Reuters story, is expected to close in the second quarter. It will boost Excelerate's existing global footprint, with its LNG infrastructure currently deployed in several countries including Bangladesh, Brazil, Finland and Pakistan. "We have been husbanding our dry powder for just an opportunity like this," Excelerate Chief Executive Steven Kobos said in an interview. "It's a fantastic platform. We're getting the benefit of years of capital that has been deployed, so we're stepping into first-mover advantage." Last year, New Fortress began exploring options that included bringing in strategic partners or selling assets, after it was forced
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NFE
News
- New Fortress Energy Extends Forbearance Agreement [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Extends Forbearance AgreementBusiness Wire
- New Fortress Energy Receives Approval for Milestone Agreement for Long-Term Gas Supply with Puerto Rican Government [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Receives Approval for Milestone Agreement for Long-Term Gas Supply with Puerto Rican GovernmentBusiness Wire
- Is New Fortress Energy a Bargain After This Week's 17% Rally? [Yahoo! Finance]Yahoo! Finance
NFE
Earnings
- 9/5/25 - Miss
NFE
Sec Filings
- 12/19/25 - Form 8-K
- 12/17/25 - Form 8-K
- 11/21/25 - Form 10-Q
- NFE's page on the SEC website