New Fortress Energy LLC - Class A Shares Representing Limited Liability Company Interests. (NFE) Company Bio
New Fortress Energy LLC engages in the provision of energy infrastructure and development services. It specializes in the fields of power, infrastructure, transportation and liquefied natural gas (LNG). Its LNG production and delivery model includes liquefaction, logistics, shipping, and terminals. The company was founded by Wesley Robert Edens in 2014 and is headquartered in New York, NY.
New Fortress Energy LLC (NASDAQ:NFE) (the "Company") plans to announce its financial results for the second quarter 2020 prior to 8:00 A.M. Eastern Time on Monday, August 3, 2020. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com.
New Fortress Energy ([[NFE]] +6.9%) says it agrees to pay $105M to Centrica (CPYYF) in order to release its obligation to purchase additional liquefied natural gas from the company for the rest of 2020.New Fortress says it will now be able to purchase LNG in the open market at prices...
New Fortress Energy LLC (NASDAQ: NFE) ("New Fortress" or the "Company") announced that the Company entered into an agreement with Centrica LNG Company Limited ("Centrica") to terminate New Fortress’s obligation to purchase any additional LNG from Centrica for the remainder of 2020 in exchange for a payment of $105 million. As a result, New Fortress will now be able to purchase LNG in the open market at prices that are significantly lower than the price previously agreed to with Centrica.