New Fortress Energy Extends Islandwide Gas Supply Contract in Puerto Rico
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: Business Wire
NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced a one-year extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority ("PREPA"). Additionally, the 10-year Operation and Maintenance Agreement between Genera, NFE’s subsidiary, and PREPA will be modified to eliminate future incentive payments in exchange for a $110 million payment. NFE worked closely with Puerto Rico Governor Jenniffer Gonzalez-Colon, the Puerto Rico Energy Bureau (“PREB”), the Puerto Rico Public-Private Partnerships Authority (“P3A”), and PREPA to streamline the incentive structure and fully aligns NFE and Puerto Rico with a single goal: to deliver reliable, clean power to Puerto Ricans at the lowest cost possible.Under the islandwide gas supply contract, there is substantial capacity to supply both NFE’s current downstream gas demand as well as other legacy power plants running on diesel that can be converted to run on natural gas.
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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