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 ...

Chairman and CEO of New Fortress Energy. “We are proud of the contributions we have made to Jamaica’s energy transition. Our Jamaican assets and employees are world-class and have played a ...

New Fortress Energy entered the Jamaican energy market ... The 150 MW Clarendon power plant that supplies nearly 65% of Jamaica’s electricity also has scope for expansion. Jamaica’s strategic ...

New Fortress said previously the plant supplies 65% of Jamaica's electricity. Excelerate said it expects the acquisition to immediately add to its earnings per share, with assets that complement ...

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 ...