AmericasContracts and Tenders

Pennybacker wraps up acquisition of NFE’s LNG facility in Miami

By LNG Prime Staff
Pennybacker wraps up acquisition of NFE's LNG facility in Miami
Image: New Fortress Energy

Texas-based Pennybacker Capital Management has completed the previously announced acquisition of New Fortress Energy’s small-scale LNG production and distribution business in Miami. Pennybacker announced the closing of the deal in a statement on Thursday. NFE said on July 1 that it had agreed to sell its liquefaction and storage facility in Miami, Florida to a…

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