Welcome to our dedicated page for New Fortress Energy news (Ticker: NFE), a resource for investors and traders seeking the latest updates and insights on New Fortress Energy stock.
New Fortress Energy Inc. (NASDAQ: NFE) generates frequent news as a global energy infrastructure company focused on natural gas and liquefied natural gas (LNG). Its disclosures highlight an integrated business that spans LNG production, shipping, terminals and gas-to-power projects, making corporate developments, project milestones and financing decisions important for investors and stakeholders following NFE news.
News about New Fortress Energy often centers on long-term gas supply agreements, LNG and power project milestones, and capital structure actions. For example, the company has reported multi-year gas supply agreements with Puerto Rican authorities to support the island’s energy transition and grid stability. It has also announced progress at its CELBA 2 and PortoCem power plants in Brazil, as well as performance and optimization of its Fast LNG facility offshore Altamira, Mexico.
Another recurring theme in NFE news is financing and restructuring activity. The company has disclosed a forbearance agreement with holders of its 12.000% Senior Secured Notes due 2029 after a missed interest payment, along with multiple amendments to letter of credit facilities to adjust covenants and maturities. NFE has also announced a process to evaluate strategic alternatives, including asset sales, capital raising, debt amendments and refinancing transactions aimed at improving liquidity and its capital structure.
Operational and portfolio updates also feature prominently. New Fortress Energy has reported the sale of its Jamaican LNG and power assets to Excelerate Energy, Inc., long-term FSRU charters with the Egyptian Natural Gas Holding Company (EGAS), and commissioning milestones at its Brazilian power plants. Regulatory and listing updates, such as Nasdaq notices related to delayed Form 10-Q filings, provide additional context for NFE’s reporting and compliance status.
Investors and observers can use the NFE news page on Stock Titan to follow these developments, track project and contract announcements, and monitor disclosures related to the company’s debt, liquidity and strategic initiatives over time.
New Fortress Energy (NASDAQ: NFE) reported challenging Q2 2025 financial results, with a net loss of $557 million and Adjusted EBITDA of -$4 million. The quarter was marked by significant non-cash impairments totaling $699 million, partially offset by a $473 million gain from the sale of Jamaican operations.
The company faces liquidity challenges and has initiated a strategic review process, retaining Houlihan Lokey and Skadden Arps as advisors. NFE is exploring options including asset sales, capital raising, and debt restructuring. Despite current challenges, positive developments include the commissioning of the 624 MW CELBA plant, new shipping charters with EGAS and Energia 2000, and over 70% completion of the PortoCem power plant in Brazil.
New Fortress Energy (Nasdaq: NFE) has received a notice from Nasdaq's Listing Qualifications Department regarding non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Q2 2025 Form 10-Q.
The company has 60 calendar days to submit a compliance plan to Nasdaq. If accepted, NFE could receive up to 180 days (until February 16, 2026) to file the Form 10-Q. While the notice doesn't immediately affect NFE's Nasdaq listing, failure to regain compliance could result in delisting of the company's Class A common stock.
New Fortress Energy (NASDAQ: NFE) has secured a 5-year agreement with the Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Energos Winter, a 138,250 m3 floating storage and regasification unit (FSRU). The vessel will operate at EGAS' LNG import terminal in Damietta, Egypt.
This marks NFE's second FSRU deployment in Egypt, joining the Energos Eskimo as early as August 2025. The agreement strengthens NFE's presence in Egypt and supports their mission of providing reliable and cost-effective energy globally while enhancing Egypt's natural gas supply security.
New Fortress Energy (NFE) has received a notice from Nasdaq's Listing Qualifications Department for non-compliance with Listing Rule 5250(c)(1) due to failing to file its Form 10-Q for Q1 2025. The company has 60 calendar days to submit a compliance plan to Nasdaq and expects to file the delayed 10-Q before the plan is due. NFE anticipates the Form 10-Q will align with previously released Q1 2025 financial statements from May 14, 2025.
If Nasdaq accepts the compliance plan, NFE could receive up to 180 calendar days (until November 11, 2025) to file the Form 10-Q. While the notice doesn't immediately affect NFE's Nasdaq listing or trading, failure to regain compliance could result in delisting of the company's Class A common stock.
Excelerate Energy (NYSE: EE) has completed its acquisition of New Fortress Energy's (Nasdaq: NFE) business in Jamaica. The acquisition includes the Montego Bay LNG Terminal, Old Harbour LNG Terminal, and Clarendon combined heat and power plant.
To fund the acquisition, Excelerate raised approximately $1.0 billion through:
- An equity offering of 8 million shares at $26.50 per share, raising $212 million
- An $800 million offering of 8.000% senior unsecured notes due 2030
Additionally, the company extended its credit facility maturity to March 2029 and increased its borrowing capacity from $350 million to $500 million. The acquisition is expected to provide stable, long-term cash flows with predictable margins.
New Fortress Energy (NASDAQ: NFE) has announced a three-year charter agreement for its Energos Freeze, a 125,000 m³ Floating Storage and Regasification Unit (FSRU), with Energía 2000 S.A. in the Dominican Republic. The FSRU will be deployed to the LNG import terminal at the port of Pepillo Salcedo (Manzanillo), with operations expected to begin in September 2025.
The facility will provide LNG regasification services to support power generation and industrial energy demand in the region. The agreement aligns with NFE's strategy to expand energy access in the Caribbean through strategic partnerships and LNG infrastructure development.
New Fortress Energy (NASDAQ: NFE) has rescheduled its Q1 2025 earnings release to Wednesday, May 14th, 2025 at 4:00 P.M. ET. The rescheduling is to accommodate the announcement of the Jamaica transaction closing and provide updates on the use of proceeds. The company will host a conference call at 4:30 P.M. ET on the same day, accessible via phone at (888) 256-1007 (US toll-free) or +1 (323) 701-0225 (international) using conference code 8378656. A webcast will be available on the company's website, and earnings materials will be posted in the Investors section.
New Fortress Energy (NFE) has scheduled its first quarter 2025 earnings release and conference call for Monday, May 12th, 2025. The financial results will be announced after 4:00 P.M. Eastern Time, followed by a conference call at 4:30 P.M. ET.
Investors can access the conference call by dialing (888) 256-1007 (U.S. toll-free) or +1 (323) 701-0225 (international) using the conference code 8378656. A simultaneous webcast will be available on the company's website under the Investors section. The earnings release and supplement will be posted to www.newfortressenergy.com, where a replay of the call will also be accessible.
Excelerate Energy (NYSE: EE) has announced the pricing of an upsized $800 million senior notes offering through its subsidiary Excelerate Energy Partnership. The 8.000% unsecured senior notes, due May 15, 2030, will be issued at par, with the offering expected to close on May 5, 2025.
The offering was increased from the original $700 million to $800 million. The proceeds, combined with equity offering proceeds and cash reserves, will fund: (1) the $1.055 billion acquisition of New Fortress Energy's Jamaica business, (2) repayment of $163.6 million in outstanding term loan facility borrowings as of December 31, 2024, and (3) related fees and expenses.
The notes will be guaranteed by certain restricted subsidiaries and are being offered exclusively to qualified institutional buyers in the US under Rule 144A and to international investors under Regulation S of the Securities Act.