New Fortress Energy Inc.·Utilities

New Fortress Energy Inc. (NASDAQ: NFE) (âNFEâ or the âCompanyâ) is pleased to announce that it has achieved the next step in the implementation of a co

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) is pleased to announce that it has achieved the next step in the implementation of a consensual UK Restructuring Plan (“UK RP”). On May 14, 2026, the High Court made an order granting the Plan Companies permission to convene meetings of their creditors for the purpose of reviewing and approving the UK RP (the “Convening Order”). NFE previously announced on March 17, 2026, that it entered into a Restructur.

NEW YORK & RIO DE JANEIRO--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced that its subsidiary NFE Brazil Financing Limited, a private limited company incorporated under the laws of England and Wales (“NFE Brazil”) has received commitments (the “Commitments”) for the proposed offering (the “Offering”) of $885 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) to be issued by NFE Brazil. The Notes will bear interest at a rate of 12.0.

New Fortress Energy said on Thursday it received a notice from the Nasdaq stock exchange that the liquefied natural gas developer no longer complies with the minimum bid price requirement for continued listing.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

The UP World LNG Shipping Index (UPI) declined 2.15% in Week 17–2026, consolidating after a strong Q1, not signaling a bear market. Geopolitical disruptions, especially the Strait of Hormuz closure, are elongating shipping routes and supporting spot LNG tanker rates. Asian LNG demand is rising, with arbitrage favoring Asia over Europe; a potential Chinese return to the spot market could further boost demand.
New Fortress Energy Inc. operates as an integrated gas-to-power infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation. The Ships segment offers floating storage and regasification units, and liquefied natural gas (LNG) carriers which are leased to customers under long-term or spot arrangements. The company operates LNG storage and regasification facility at the Port of Montego Bay, Jamaica; marine LNG storage and regasification facility in Old Harbour, Jamaica; landed micro-fuel handling facility in San Juan, Puerto Rico; marine LNG storage and regasification facility in Sergipe, Brazil; and LNG receiving facility in La Paz, Mexico, as well as Miami facility. New Fortress Energy Inc. was founded in 1998 and is based in New York, New York.
Utilities
Regulated Gas
722
2019-01-31
1.32