New Fortress Energy Releases Pro Forma Financials Following $1.055 Billion Sale of Jamaica Business to Excelerate Energy

Reuters

05-21

New Fortress Energy Releases Pro Forma Financials Following $1.055 Billion Sale of Jamaica Business to Excelerate Energy

New Fortress Energy Inc. has released its unaudited pro forma condensed consolidated financial statements following the completion of the sale of its Jamaica business to Excelerate Energy, Inc. The transaction, finalized on May 14, 2025, involved the divestiture of operations at the LNG import terminal in Montego Bay, the offshore floating storage and regasification terminal in Old Harbour, and the 150 megawatt Combined Heat and Power Plant in Clarendon. The sale was completed for an aggregate cash consideration of $1.055 billion. The pro forma financial statements reflect transaction accounting adjustments related to this sale, providing insights into the company's financial position post-transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Fortress Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001749723-25-000073), on May 21, 2025, and is solely responsible for the information contained therein.

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ID: 0001749723-25-000073), on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EE","symbol_name":"Excelerate Energy, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL82W9Fk:1","article_id":"2537894409","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537894409","pubTimestamp":1747821707,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"New Fortress Energy Inc. has released its unaudited pro forma condensed consolidated financial statements following the completion of the sale of its Jamaica business to Excelerate Energy, Inc. 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