
New Fortress Energy is a New York-based energy infrastructure company with operations in the Caribbean, Latin America, Europe and the U.S. (Source: Shutterstock)
New Fortress Energy (NFE) has entered into a 20-year gas supply agreement to power a future generating plant in San Juan, Puerto Rico, the company announced Jan. 22.
The 478-megawatt, combined-cycle plant is being built by Energiza, a Puerto Rican company owned by Tropigas de Puerto Rico and Cratos Project Services. It’s the first power plant to be built in Puerto Rico since 1995, New Fortress said. The plant is expected to come online in 2028.
“The long-term partnership between Energiza and NFE will greatly benefit Puerto Rico, and we’re excited to be part of this historic milestone,” said Wes Edens, chairman and CEO of New Fortress Energy.
New Fortress Energy is a New York-based energy infrastructure company with operations in the Caribbean, Latin America, Europe and the U.S.
Recommended Reading
EU Plans to Let Gas Price Cap Expire, Sources Say
2025-01-13 - The EU intends to let its gas price cap expire as scheduled at the end of this month, EU diplomats said.
Report: Trump to Declare 'National Energy Emergency'
2025-01-20 - President-elect Donald Trump will also sign an executive order focused on Alaska, an incoming White House official said.
Enterprise Products Considering Moving On from SPOT
2025-02-05 - Permitting delays and challenges finding customers have put the future of Enterprise Product Partners’ Seaport Oil Terminal Project in doubt.
US to Withdraw from Paris Climate Agreement, White House Says
2025-01-20 - The announcement, in a document from the White House, reflects President Trump’s skepticism about global warming, which he has called a hoax.
Trump Prepares Wide-Ranging Plans to Boost Gas Exports, Oil Drilling
2024-11-26 - Sources say that Trump will lift Biden's pause on LNG export licenses, expedite drilling permits on federal land and boots auctions of offshore drilling leases.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.