[8-K] New Fortress Energy Inc. Reports Material Event

Rhea-AI Filing Summary

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.

Positive

• Facility converted to committed, increasing certainty of available financing
• Maturity extended to November 14, 2025, reducing near-term refinancing pressure

Negative

• Committed capacity reduced to approximately $195,000 and will drop to ~$155,000 on October 5, 2025, lowering available credit headroom
• Asset sale sweep prepayment may require accelerated repayments after dispositions, reducing cash flexibility
• Fees and pricing changed (not quantified), which could raise financing costs

Insights

Financial Analyst

TL;DR: Amendment secures committed capacity and extends maturity but cuts available commitments and adds prepayment triggers.

The conversion from an uncommitted to a committed facility improves the borrower’s certainty of availability, which can support near-term liquidity planning. Extending the maturity to November 14, 2025 delays near-term refinancing pressure. However, the reduction in committed capacity to about $195,000 and the automatic drop to $155,000 on October 5, 2025 materially reduces available credit headroom. The added asset sale sweep creates a contractual prepayment obligation that may accelerate cash outflows following asset dispositions. Fee and pricing changes could increase financing costs; the filing does not quantify those amounts.

Corporate Finance Specialist

TL;DR: Amendment provides committed financing and extended tenor but tightens capacity and adds covenant-like repayment mechanics.

Making the facility committed enhances counterparty certainty and may improve refinancing optics. Extending maturity reduces immediate liquidity risk through November 2025. The automatic step-down of commitments and the asset-sale sweep functionally tighten leverage flexibility and could force prepayments after disposals, reducing net proceeds available for operations or investment. The document lacks numeric details on fees, pricing margins, covenants, or events of default, limiting full assessment.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 14, 2025

New Fortress Energy Inc.

(Exact name of registrant as specified in its charter)

Delaware			001-38790			83-1482060
(State or Other Jurisdiction of Incorporation or Organization)			(Commission File Number)			(I.R.S. Employer Identification No.)

111 W. 19th Street, 8th Floor New York, NY						10011
(Address of principal executive offices)						(Zip Code)

Registrant’s telephone number, including area code: (516) 268-7400

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of exchange on which registered
Class A Common Stock			NFE			Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐ Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On August 8, 2025, New Fortress Energy Inc., a Delaware corporation (“NFE” or "the Company") entered into the Ninth Amendment to Uncommitted Letter of Credit and Reimbursement Agreement (the “Ninth Amendment”), by and among the Company, as the borrower, the guarantors party thereto, Natixis, New York Branch, and each of the other financial institutions party thereto, as Lenders, which amends that certain Uncommitted Letter of Credit and Reimbursement Agreement, dated as of July 16, 2021 (as amended, restated or otherwise modified from time to time, the “Existing ULCA” and the Existing ULCA as amended by the Ninth Amendment, the “Amended ULCA”), by and among the Company, the guarantors from time to time party thereto, Natixis, New York Branch, as Administrative Agent, Natixis, New York Branch, as ULCA Collateral Agent, Natixis, New York Branch, and each of the other financial institutions party thereto, as Lenders and Issuing Banks.

The Ninth Amendment, among other things, (i) changes the facility from uncommitted to committed; (ii) extends the maturity date to November 14, 2025; (iii) adds an asset sale sweep prepayment provision; and (iv) makes certain changes to fees and pricing. In addition, the commitments were reduced to approximately $195,000 and are automatically reduced on October 5, 2025 to approximately $155,000.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet

Arrangement of a Registrant.

The information set forth under Item 1.01 is incorporated by reference into this Item 2.03.

Item 9.01.     Financial Statements and Exhibits.

Exhibit No.			Description
104			Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			NEW FORTRESS ENERGY INC.
Date: August 14, 2025			By:			/s/ Christopher S. Guinta
			Name:			Christopher S. Guinta
			Title:			Chief Financial Officer

FAQ

What did the Ninth Amendment to New Fortress Energy's credit facility change?

The amendment converted the facility to committed, extended the maturity to November 14, 2025, added an asset sale sweep prepayment, changed fees and pricing, and reduced commitments to about $195,000 (stepping down to $155,000 on October 5, 2025).

Does the filing state this creates a new financial obligation for NFE?

Yes. The filing explicitly states the amendment creates a direct financial obligation and incorporates Item 1.01 into Item 2.03.

When will the commitment amount automatically reduce and to what level?

The commitments are scheduled to automatically reduce on October 5, 2025 to approximately $155,000.

Does the filing disclose the new fees or pricing amounts?

No. The filing notes there are changes to fees and pricing but does not quantify the specific fee or pricing amounts.

Is there information about related covenants or events of default in the amendment?

The provided text does not include details on covenants or events of default; those terms are not disclosed in the excerpt.