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New Fortress Energy signs five-year turbine lease

Turbine deliveries are expected to begin in the fourth quarter of 2026, while the FLNG 1 liquefier remains on track for a fourth-quarter return.

(Moderate)

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Form Type
8-K

Rhea-AI Filing Summary

New Fortress Energy Inc. (NFE) agreed to lease ten mobile turbines capable of generating up to 300 megawatts of power to a US-based investment-grade company under an initial five-year lease. Delivery is expected in stages beginning in the fourth quarter of 2026 and finishing in the first quarter of 2027. The company says the transaction is expected to be accretive to earnings and enhance its liquidity profile.

NFE said its FLNG 1 liquefier remains on track to return to service in the fourth quarter of 2026, based on its most recent discussions with the turbine manufacturer. The company identified possible delivery delays and its ability to resolve the mechanical issue at the Fast FLNG unit as factors that could cause actual results to differ from its expectations.

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Mobile turbines 10 turbines Agreed lease to a US-based investment-grade company
Generating capacity Up to 300 megawatts Capacity of the mobile turbines
Initial lease period Five years Initial period of the turbine lease
Expected delivery start Fourth quarter of 2026 Mobile turbine deliveries are expected to begin in stages
Expected delivery completion First quarter of 2027 Mobile turbine deliveries are expected to be finalized
Expected FLNG 1 return to service Fourth quarter of 2026 NFE said the liquefier remains on track
accretive financial
"expected to be accretive to NFE’s earnings"
"Accretive" describes a situation where a financial action, such as a purchase or investment, increases the value or earnings of a company. For investors, it signals that the move is likely to boost profitability and overall worth, much like adding a beneficial ingredient to a recipe that enhances the final taste. An accretive decision is generally seen as positive because it contributes to growth and financial health.
liquidity profile financial
"enhance its liquidity profile"
A liquidity profile describes how easily and quickly a company or asset can be turned into cash without causing a big change in price, based on things like cash on hand, available credit, and how active the market is for its shares. Investors care because a stronger liquidity profile means the business can pay bills, fund growth, and survive shocks without forced selling or sharp price swings — like having cash in your wallet versus owning a house that takes time to sell.
investment-grade company financial
"to a US-based investment-grade company"
FLNG 1 liquefier technical
"its FLNG 1 liquefier remains on track"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many turbines is NFE leasing, and how much power can they generate?

NFE agreed to lease 10 mobile turbines that can generate up to 300 megawatts of power to a US-based investment-grade company. The lease has an initial period of five years.

When is NFE's FLNG 1 liquefier expected to return to service?

NFE said its FLNG 1 liquefier remains on track to return to service in the fourth quarter of 2026, based on its most recent discussions with the turbine manufacturer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FALSE0001749723111 W. 19th Street, 8th FloorNew YorkNY00017497232026-10-292026-10-290001749723us-gaap:SeriesAPreferredStockMember2026-10-292026-10-29

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): October 29, 2026

New Fortress Energy Inc.
(Exact name of registrant as specified in its charter)

Delaware001-3879083-1482060
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS 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 classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, par value $0.01 per share
“NFE”

Nasdaq Global Select Market
Series A Mandatorily Convertible Preferred Stock, par value $0.01 per share
“NFEGP”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 7.01. Regulation FD Disclosure.

On October 29, 2026, New Fortress Energy Inc. (“NFE” or the “Company”) issued a press release announcing that it has agreed to lease ten mobile turbines that can generate up to 300 megawatts of power to a US-based investment-grade company. The lease is for an initial period of five years.

The turbines are expected to be delivered in stages beginning in the fourth quarter of 2026 and finalized in the first quarter of 2027. The transaction is expected to be accretive to NFE’s earnings and enhance its liquidity profile. A copy of the Company’s press release is attached to this Current Report on Form 8-K (the “Current Report”) as Exhibit 99.1 and is incorporated herein solely for purposes of this Item 7.01 disclosure.

FLNG 1 Update

NFE confirmed its FLNG 1 liquefier remains on track to return to service in the fourth quarter of 2026 based on its most recent discussions with the manufacturer of the turbine.

Cautionary Statement Regarding Forward Looking Statements

This communication includes “forward-looking statements. ,” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend,” “aim” and similar expressions in this communication to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements include, but are not limited to, statements related to the timeline for delivery and anticipated deployment of the Company’s mobile turbines; the Company’s expectations regarding the timing of the lease payments for the mobile turbines and their impact on the Company’s earnings and liquidity profile; and the Company’s continuing efforts and timeline for a return to service of the Fast FLNG unit.

The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors, including but not limited to unforeseen delays in the delivery of the mobile turbines and related lease payments; the Company’s ability to resolve the mechanical issue at the Fast FLNG unit and return it to regular operations; and other unknown and unforeseen risks related to the lease and deployment of the mobile turbines and operation of the Fast LNG unit. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s annual and quarterly reports filed with the Securities and Exchange Commission. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this communication or to reflect the occurrence of unanticipated events or otherwise.


Item 9.01. Financial Statements and Exhibits.

Exhibit No.Description
99.1
Press Release, dated October 29, 2026, issued by New Fortress Energy Inc.
104Cover 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: October 29, 2026By:/s/ Frederick W. Hundt
Name:Frederick W. Hundt
Title:Interim Chief Financial Officer and Chief Accounting Officer




NEW FORTRESS ENERGY PROVIDES BUSINESS UPDATE

NEW YORK, Oct. 29, 2026 — New Fortress Energy Inc. (NASDAQ: NFE) today announced that it has agreed to lease ten mobile turbines that can generate up to 300 megawatts of power to a US-based investment-grade company. The lease is for an initial period of five years.

The turbines are expected to be delivered in stages beginning in the fourth quarter of 2026 and finalized in the first quarter of 2027. The transaction is expected to be accretive to NFE’s earnings and enhance its liquidity profile.

“We evaluated several opportunities for these turbines, and we believe that partnering with an investment-grade counterparty in the United States best aligned with NFE’s priorities,” said Wes Edens, Chief Executive Officer of NFE. “It provides the Company significant, high-quality cash flows, puts our assets to work more quickly than alternative uses, and serves the growing demand for power in the USA.”

FLNG 1 Update

NFE confirmed its FLNG 1 liquefier remains on track to return to service in the fourth quarter of 2026 based on its most recent discussions with the manufacturer of the turbine.

--END--

About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

Cautionary Statement Regarding Forward Looking Statements
This press release includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” “intend,” “aim” and similar expressions in this press release to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements include, but are not limited to, statements related to the timeline for delivery and anticipated deployment of the Company’s mobile turbines; the Company’s expectations regarding the timing of the lease payments for the mobile turbines and their impact on the



Company’s earnings and liquidity profile; and the Company’s continuing efforts and timeline for a return to service of the Fast FLNG unit.

The Company’s actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors, including but not limited to unforeseen delays in the delivery of the mobile turbines and related lease payments; the Company’s ability to resolve the mechanical issue at the Fast FLNG unit and return it to regular operations; and other unknown and unforeseen risks related to the lease and deployment of the mobile turbines and operation of the Fast LNG unit. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s annual and quarterly reports filed with the Securities and Exchange Commission. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this press release or to reflect the occurrence of unanticipated events or otherwise.

Investors
ir@newfortressenergy.com

Media
press@newfortressenergy.com

--NFE--

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