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New Fortress Energy Inc.

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About

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The Company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.

Editor's note: Updated Jan. 11, 2021.

Transactions

Report Date Amount (MM) Description
2022-08-15 $2,000.00

New Fortress, Apollo Close $2 Billion LNG JV Launching Energos

New Fortress, Apollo Close $2 Billion LNG JV Launching Energos

Report Date Amount (MM) Description
2021-04-15 --

New Fortress Bets on Brazil’s LNG Growth with $5 Billion Worth of Deals

New Fortress Bets on Brazil’s LNG Growth with $5 Billion Worth of Deals

Report Date Amount (MM) Description
2021-04-15 --

New Fortress Bets on Brazil’s LNG Growth with $5 Billion Worth of Deals

New Fortress Bets on Brazil’s LNG Growth with $5 Billion Worth of Deals

2100-10-01 $000.00

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2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

This content is locked until you subscribe

2100-10-01 $000.00

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Locked Data

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New Financings

Report Date Type Amount (MM) Description
2021-09-21 New Fortress Energy Inc. Debt $725.00

Executed a term loan facility secured by eight company vessels with an initial borrowing of $430 million…

Report Date Type Amount (MM) Description
2021-03-23 New Fortress Energy Inc. Debt $1,500.00

Launched proposed private offering of senior secured notes due 2026. A portion of the proceeds will be…

Report Date Type Amount (MM) Description
2020-12-15 New Fortress Energy Inc. Equity $150.00

Launched an underwritten public offering of shares of its Class A common stock. Underwriters have the…

Report Date Type Amount (MM) Description
2020-12-15 New Fortress Energy Inc. Debt $250.00

Intends to offer additional senior secured notes due 2025 in a private offering, subject to market…

Report Date Type Amount (MM) Description
2020-01-13 New Fortress Energy LLC Debt $800.00

New Fortress Energy LLC has executed a fully committed $800 million term loan facility provided…

Report Date Type Amount (MM) Description
Report Date Type Amount (MM) Description
2100-05-23 Transaction $888.88

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2100-05-23 Transaction $888.88

This content is locked until you subscribe

2100-05-23 Transaction $888.88

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Locked Data

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Instantly unlock over 15 years of A&D transactions and financing data.

News

North American LNG Exports Surge: Texas Fuels Mexico’s Growth

Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.

New Fortress’ Fast LNG Completes Third Cargo Load

The Fast LNG unit is producing at or above its nameplate capacity of 1.4 million tonnes per annum, New Fortress Energy said.

New Fortress Energy Appoints New President

New Fortress Energy Inc. has appointed Andrew Dete, managing director, to the role of president.

IEA: North America to Lead LNG Supply Growth in 2025

U.S. LNG projects ranging from Plaquemines LNG Phase 1 to Corpus Christi Stage 3 are set to account for around three-quarters of the global incremental supply coming online in 2025, according to the Paris-based International Energy Agency (IEA).

New Fortress Ships Mexico's First LNG Cargo for Export

U.S. energy infrastructure company New Fortress Energy on Sept. 30 shipped the first export of LNG from Mexico, following the inauguration of output at its floating facility off the country's coast, the company said.

Mexico Pacific Edging Saguaro LNG Toward FID to Move Permian Gas

Mexico Pacific CEO Sarah Bairstow shared her thoughts with Hart Energy on the outlook for the Saguaro Energía LNG project as it marches forward with plans to be the Permian’s relief valve on associated gas buildup.

New Fortress Energy Receives OK to Export LNG to Non-FTA Countries

New Fortress Energy has been authorized to export up to nearly 1.4 mtpa of LNG to non-FTA countries from its Fast LNG 1 project for a term of five years.

New Fortress’ Fast LNG 1 Running Again Following Maintenance

New Fortress Energy's FLNG1 site will now ramp up and hit full production by September, company officials reported.

Mexico’s Fast LNG Ships Out First Cargo—for Mexico

New Fortress Energy’s Fast LNG 1 project in Mexico will take an international route to a domestic destination.

Fitch Downgrades New Fortress’ Default Rating, Citing Refinancing Risk

New Fortress Energy’s issuer default rating and senior secured debt were downgraded by Fitch, which cited a “highly constrained liquidity position,” as a reason behind its rating actions.

New Fortress’ FLNG Asset Achieves First LNG Offshore Mexico

New Fortress Energy’s Fast LNG asset has a production capacity of 1.4 million tonnes per annum.

New Fortress Energy Sells Small-scale Florida LNG Unit

New Fortress Energy is selling a small-scale liquefaction and storage facility in Miami, Florida, to an unnamed buyer.

New Fortress Expects First LNG from Unit Offshore Mexico in a Matter of Days

New Fortress Energy Inc. is expecting first LNG by the end of the month for its first Fast LNG unit located offshore Altamira, Mexico.

Developer Seeks Permit to Send US Gas to Mexico for LNG Exports

The project is the latest in a series of developments to convert U.S. gas into LNG and export it from Mexico's Atlantic and Pacific coasts to meet global demand.

Dispatch from the LNG Front: Development Not ‘Paused’ so much as Slowed

Analysts: Low prices may stall upcoming gas gathering projects that are needed for an expected boom.