Browsing Tag
Wes Edens
3 posts
New Fortress cut debt from $5.7bn to $700m. What did shareholders give up?
New Fortress Energy has completed a sweeping recapitalisation that cuts corporate debt from roughly $5.7 billion to about $700 million, separates its Brazilian operations and leaves creditors holding 65% of New NFE’s common equity.
New Fortress Energy powers up second Puerto Rico plant
New Fortress Energy Inc. (NASDAQ: NFE) revealed its latest achievement on Wednesday, September 27th: the successful launch of…
Palo Seco Power Plant : New Fortress Energy to supply 150MW capacity to Puerto Rico
New Fortress Energy said that NFE Power PR and NFEnergia, the company’s Puerto Rico subsidiaries, have signed agreements…