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.
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