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-0.000530503978779924 0 -0.00106100795755966 0.00217506631299737 0.000530503978779924 0.0286472148541114 0.00848806366047746 0.00689655172413788
Stock impact report

Pennybacker Closes Acquisition of Miami LNG Business, Appoints Daniel McLaughlin President and Chief Commercial Officer to Lead Miami LNG [Yahoo! Finance]

New Fortress Energy Inc. - Class A (NFE) 
Last new fortress energy inc. - class a earnings: 3/4 12:02 am Check Earnings Report
Company Research Source: Yahoo! Finance
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 small-scale liquefaction operation, equipped with one liquefaction train that produces up to approximately 8,300 MMBtu per day of LNG, optimized for truck and rail logistics to enable efficient and flexible distribution for its customers. The Miami LNG business serves the hospitality, industrial, transportation, aerospace, and marine bunkering sectors principally in Florida and the Caribbean islands. LNG provides on average an estimated 15-40% cost advantage over traditional fuels like diesel, making it a cost-effective, reliable, and cleaner energy source. In connection with the acquisition, Pennybacker has appointed Daniel McLaughlin as President and Chief Commercial Officer to lead the Miami LNG business. McLaughlin has more than Show less Read more
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