New Fortress Energy SEC Filings

New Fortress Energy Inc. Chief Accounting Officer Michael T. Lowe reported equity activity tied to vesting of restricted stock units. On February 3, 2026, he acquired 8,089 shares of Class A common stock at $0 per share through option/RSU exercise. The same day, 4,916 shares were withheld at $1.31 per share to cover tax liabilities, and the footnote clarifies that no shares were sold into the market. Following these transactions, Lowe directly owned 16,486 shares of New Fortress Energy Class A common stock.

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of New Fortress Energy Inc. Class A stock. BlackRock reports beneficial ownership of 27,907,624 shares, representing 9.8% of the Class A shares outstanding as of the event date of 12/31/2025. It has sole voting power over 27,598,485 shares and sole dispositive power over 27,907,624 shares.

The filing explains that these holdings are attributed to certain BlackRock business units, with other units disaggregated. It also notes that iShares U.S. Infrastructure ETF has an interest in New Fortress Energy common stock of more than five percent of the outstanding shares. BlackRock certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of New Fortress Energy.

New Fortress Energy Inc. extended a key debt forbearance and amended its letter of credit facility. Holders of more than 70% of the Company’s 12.000% Senior Secured Notes due 2029 agreed to extend their forbearance on enforcing remedies related to a missed semiannual interest payment that was due on November 17, 2025, pushing the forbearance end date from December 15, 2025 to January 9, 2026. The Company plans to use this period to continue negotiations toward a restructuring with its stakeholders. Separately, on December 12, 2025, the Company entered into a Twelfth Amendment to its Letter of Credit and Reimbursement Agreement, canceling an automatic reduction of commitments that was scheduled for December 22, 2025, so total commitments under that facility remain approximately $195 million.

New Fortress Energy Inc. (NFE) reports a sharp downturn for the nine months ended September 30, 2025, posting a net loss of $1,047,556 thousand, driven by a $582,172 thousand goodwill impairment and $127,911 thousand of asset impairments, partly offset by a $470,994 thousand gain on the sale of its Jamaica business. Third‑quarter 2025 revenue fell to $327,367 thousand from $567,535 thousand a year earlier, and the quarter swung to a net loss of $293,356 thousand from net income of $11,313 thousand.

Liquidity is under severe pressure: cash and restricted cash were $389,341 thousand at period end, while current debt ballooned to $6,579,321 thousand. The company did not pay $163,808 thousand of interest due November 17, 2025 on its New 2029 Notes and is operating under a forbearance agreement through December 15, 2025. Management discloses covenant risks across its revolving credit facility and term loans, springing maturities tied to $510,879 thousand of 2026 Notes, and uncertainty around providing a $79,100 thousand PortoCem bank guarantee, concluding there is substantial doubt about NFE’s ability to continue as a going concern and indicating it is evaluating asset sales, capital raising, debt amendments, refinancings, or broader restructuring alternatives.

New Fortress Energy Inc. (NFE) entered into an Eleventh Amendment to its Letter of Credit and Reimbursement Agreement, extending the facility’s maturity to March 31, 2026 and granting a covenant holiday for the consolidated first lien debt ratio and fixed charge coverage ratio for the quarters ended September 30, 2025 and ending December 31, 2025. The amendment also removes the minimum liquidity requirement.

In exchange, the Company loses certain flexibility to pay dividends and other distributions and faces new restrictions on paying principal or interest on specified indebtedness, including the November 17, 2025 interest payment under its New 2029 Notes Indenture. The amendment ties a default under the credit facility to NFE Financing’s continued compliance with a Forbearance and Waiver Agreement on the New 2029 Notes; a breach could trigger cash collateralization of letters of credit, acceleration of substantially all outstanding indebtedness, and the need for additional restructuring initiatives that could materially and adversely affect stockholders.

New Fortress Energy Inc. (NFE) reported significant financing, operational and strategic developments in the quarter. Management completed the sale of the Jamaica Business for approximately $678.5 million in net cash proceeds plus ~$98.6 million held in escrow and recognized a gain of $472.7 million, offset by ~$70.9 million of transaction costs. The company placed its first Fast LNG unit into service in late 2024 and continues to operate terminals in Puerto Rico, Mexico and Brazil with long‑term contracts with PREPA and CFE.

Liquidity and leverage are the principal near‑term concerns: management disclosed operating losses and negative operating cash flows in Q1 and Q2 2025, material increases in interest expense driven by higher principal balances (total principal outstanding ~$9.2 billion at June 30, 2025), and expected covenant non‑compliance for the quarter ending September 30, 2025. The Company failed to provide a required $79.1 million bank guarantee on time to PortoCem debenture holders, creating a risk that holders could declare an event of early maturity that would make substantially all debt due on demand. Management is negotiating with creditors, pursuing strategic alternatives and retained a financial advisor, but stated substantial doubt exists about its ability to continue as a going concern.

New Fortress Energy Inc. (NFE) disclosed that on August 19, 2025 Nasdaq's Listing Qualifications Department notified the company it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the company has not filed its periodic report for the period ended June 30, 2025. The notice gives 60% (sixty calendar days) to submit a plan to regain compliance and, if accepted, Nasdaq may grant up to February 16, 2026 to file the report and regain compliance. The notice has no immediate effect on listing or trading, but failure to regain compliance could lead to delisting of the Class A common stock. The company states it is working to finalize and file the late periodic financial reports as soon as possible.

New Fortress Energy, Inc. reported a Ninth Amendment to a credit facility that converts the facility from uncommitted to committed and extends the maturity to November 14, 2025. The amendment adds an asset sale sweep prepayment mechanism, adjusts fees and pricing, and reduces commitments to approximately $195,000, with an automatic reduction on October 5, 2025 to approximately $155,000. The filing states this change creates a direct financial obligation and cross-references Item 1.01 for additional details. The disclosure is focused on the loan amendment terms rather than operating results.

Schedule 13G disclosure by Capital World Investors reports a passive stake in New Fortress Energy. The filing shows CWI beneficially owns 6,806,969 shares, equal to 2.5% of the 274,198,296 shares believed outstanding. CWI reports sole voting power of 6,766,372 shares and sole dispositive power of 6,806,969. The statement classifies the holding as passive (ownership of 5% or less) and includes a certification that the shares were acquired and are held in the ordinary course of business and not to change or influence control of the issuer.