NFE in $3 billion debt and equity move

US LNG firm New Fortress Energy revealed two debt and equity transactions totaling about $3 billion upon completion. On Wednesday, the company issued 46,349,942 shares of its Class A common stock at a public offering price of $8.63 per share, for a total offering of $400 million. According to a statement by NFE, Wes Edens,…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

First Nations plan new Canadian LNG export project

Kino Aski and Marinvest Energy Canada rebealed plans to jointly develop Kino Aski LNG, a First Nations–led liquefied natural gas (LNG) project designed to supply Europe.

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.

ExxonMobil dishes out $1.1 billion in Rovuma LNG contracts

US energy giant ExxonMobil and its partners in the planned Rovuma LNG project in Mozambique have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment.

More News Like This

Egypt says no one injured after Damietta FSRU incident

Egypt's Ministry of Petroleum and Mineral Resources said on Wednesday that no one was injured after a fire broke out aboard the 138,350-cbm Energos Winter in Damietta.

NFE says UK court approves restructuring plan

US LNG player New Fortress Energy said that a UK court approved its previously announced restructuring plan.

NFE gets strong support for $5.8 billion restructuring plan

US LNG player New Fortress Energy said it had received "strong indications" of support from its stakeholders for the previously announced $5.8 billion UK restructuring plan.

NFE seals long-term deal for Brazilian LNG terminal

US LNG firm New Fortress Energy said on Tuesday that its Brazil platform has signed a long-term lease and capacity agreement for the FSRU-based LNG import terminal in Santa Catarina, Brazil.