New Fortress inks Puerto Rico power generation deal

US LNG player New Fortress Energy has signed deals with Weston Solution for the installation and operations of 150 MW of additional power generation at the Palo Seco power plant in Puerto Rico, as well as the supply of natural gas.

NFE entered into the agreements via its Puerto Rico subsidiaries, NFE Power PR and NFEnergia, it said in a statement issued on Friday.

According to NFE, Weston has won a task order to supply the temporary power generation to support the overall mission of the island’s grid stabilization at the Palo Seco power plant under its US Army Corps of Engineers Omaha Rapid Disaster Infrastructure contract.

The 150 MW of dual-fuel generators are expected to enable maintenance and repair work of Puerto Rico’s power system and grid, it said.

NFE did not provide any additional details regarding the deals that remain subject to customary terms and conditions.

Earlier this year, a unit of NFE secured a contract to operate and manage Puerto Rico’s power generation system.

“We are pleased to partner with Weston and support this critical mission to improve grid stability in Puerto Rico,” Wes Edens, chairman and CEO of NFE, sid in the statement.

“The federal government is providing much-needed resources to Puerto Rico’s recovery and this project will help enable the transition to a cleaner, more affordable and reliable energy system,” he said.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

More News Like This

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

NFE gets non-compliance notice from Nasdaq

US LNG player New Fortress Energy said it had received an expected notice from Nasdaq on non-compliance with the latter’s listing rule for not submitting its quarterly report with the US SEC.

NFE working on two more FSRU charter deals

US LNG player New Fortress Energy is in advanced talks to charter two more floating and regasification units, according to its management.

Excelerate wraps up acquisition of NFE’s Jamaica business

US FSRU player Excelerate Energy has completed its previously announced acquisition of New Fortress Energy's business in Jamaica for $1.055 billion.