US EditionNew Fortress Energy Gets Boost on Revived Puerto Rico LNG Deal
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7 Articles
New Fortress Energy Gets Boost on Revived Puerto Rico LNG Deal
Billionaire Wes Edens’ New Fortress Energy Inc. has finalized a seven-year deal worth $4 billion to supply liquefied natural gas to Puerto Rico, the governor confirmed on Tuesday, giving the financially-strained company a shot in the arm.
The approval of the multi-year agreement has to pass the cedezo of the Fiscal Supervisory Board, which confirmed to El Nuevo Día the information
Puerto Rico inks $4 billion LNG contract with New Fortress Energy - Energy News, Top Headlines, Commentaries, Features & Events
Puerto Rico has negotiated a $4 billion liquefied natural gas contract with New Fortress Energy, Governor Jenniffer Gonzalez said on Tuesday in a post on social media. The supply deal, which comes after talks for a much larger contract broke down in July, reduced the term to seven years from 15 years – with the ...
New Fortress Energy comes to an agreement of $4,000 million for the supply of gas By Drafting of Sin Comillas New Fortress Energy Inc. (NASDAQ: NFE) has reached an agreement to supply natural gas for Puerto Rico's electricity system for a term of 7 years. The contract, valued at $4,000 million, needs the approval of the Fiscal Control Board. The agreement means an impulse for the company, which is in financial difficulties. Last July, the Puerto…
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