Shares of New Fortress Energy Inc. (NFE) tumbled 10% on Thursday morning after the company announced the sale of its Jamaican assets and operations to Excelerate Energy, Inc. (EE) for $1.06 billion.

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE ...

By David French and Vallari Srivastava (Reuters) -Liquefied natural gas infrastructure provider Excelerate Energy has agreed to buy the Jamaica business of rival New Fortress Energy for $1.06 billion ...

The acquisition will allow Excelerate Energy to expand its global presence as well. For New Fortress Energy, the divestment of its Jamaican asset should prove to be advantageous from a de ...

March 27 (Reuters) - Liquefied natural gas infrastructure provider Excelerate Energy (EE.N), opens new tab is nearing a deal to acquire the Jamaica business of smaller rival New Fortress Energy ...

existing cash Deal expands Excelerate's LNG infrastructure footprint Sale helps New Fortress progress on deleveraging plan Shares of New Fortress fell 5.7% to $10.44 in early trading, and ...

New Fortress Energy (NFE) has finalized a transaction with Excelerate Energy (EE) to sell its assets and operations in Jamaica for $1.055B. Proceeds from the transaction will be used to reduce NFE ...

Excelerate Energy Inc. EE has entered into an agreement to purchase New Fortress Energy Inc.’s NFE assets and operations in Jamaica. The deal will be financed entirely in cash for a total ...

2025--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE") announced today that it has finalized a transaction with Excelerate Energy, Inc. (NYSE: EE) ("Excelerate") to sell its assets ...