Excelerate Energy Inc. EE has entered into an agreement to purchase New Fortress Energy Inc.’s NFE assets and operations in ...

By David French and Vallari Srivastava (Reuters) -Liquefied natural gas infrastructure provider Excelerate Energy has agreed ...

The acquisition positions Excelerate as Jamaica's sole LNG platform, benefitting from first-mover advantage and its ...

New Fortress Energy’s decision to divest its Jamaican assets, including an LNG import terminal in Montego Bay, an offshore ...

New York-listed New Fortress Energy will sell its Jamaica gas assets to Excelerate Energy for US$1 billion, the two companies ...

Excelerate Energy (NYSE:EE) said Thursday it agreed to acquire New Fortress Energy's (NASDAQ:NFE) business in Jamaica for ...

Liquefied natural gas infrastructure provider Excelerate Energy is nearing a deal to acquire the Jamaica business of smaller rival New Fortress Energy for about $1.1 billion, according to people ...

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE ...

This divestment is part of New Fortress’ broader strategy to optimize its asset portfolio and reduce its debt burden. The company had been facing financial difficulties in the past year when it ...

Excelerate to pay $1.06 billion using debt, existing cash Deal expands Excelerate's LNG infrastructure footprint Sale helps New Fortress progress on deleveraging plan Shares of New Fortress fell 5 ...

New Fortress Energy shares declined after it said it plans to sell its natural gas assets and operations in Jamaica. The stock fell 11% to $9.86 Thursday morning. Shares have lost 35% of their value ...