New Fortress Energy Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Wesley Robert Edens
- Full Time Employees
- 699
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Address
- 111 West 19th Street New York City NY United States of America 10011
- IPO Date
- Jan 31, 2019
- CIK
- 0001749723
- Website
- newfortressenergy.com
- Similar Companies
- Business
- New Fortress Energy Inc. functions as a comprehensive energy infrastructure enterprise, delivering diverse energy and development solutions to clients across the globe. The company organizes its operations across two distinct divisions: Terminals and Infrastructure, and Ships. The Terminals and Infrastructure division encompasses the entire spectrum of natural gas acquisition and liquefaction, alongside the logistics, shipping, terminal services, and the construction or conversion of natural gas-fired power generation assets. The Ships division provides floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) carriers, which are deployed to customers under various leasing agreements. The firm maintains a strategic footprint with operational facilities, including LNG receiving and power generation assets in Baja California Sur, Mexico, and a marine LNG regasification facility in Sergipe, Brazil. It is also developing a gas-fired power plant and offshore LNG receiving facility in Nicaragua. Recent strategic moves include the sale of its Jamaican operations to enhance its capital structure and efforts to optimize its asset portfolio. Furthermore, the company is actively advancing into zero-emission hydrogen projects, utilizing its "Fast LNG" technology for modular liquefaction and investing in green hydrogen production through its "Zero" division. New Fortress Energy Inc. was established in 2014 and maintains its principal offices in New York, New York.
Company News
New Fortress completes restructuring, cuts debt to $700 million
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