95% of New Fortress Energy (NASDAQ: NFE) lenders back $5.8B restructuring

Rhea-AI Filing Summary

New Fortress Energy Inc. reports very strong creditor backing for its planned debt restructuring under a UK Restructuring Plan. Lenders and noteholders representing over 95% of the Company’s approximately $5.8 billion aggregate indebtedness have indicated support, including high majorities across its 2026 and 2029 notes, term loans and revolving credit facility. The Company extended the early consent deadline for creditors to accede to the Restructuring Support Agreement, and potentially receive an early consent fee, to 5:00 p.m. New York City time on April 8, 2026. It continues to expect to launch the UK restructuring process in April and to complete the transaction by the third quarter of 2026, subject to court availability, customary conditions and regulatory approvals.

Positive

• Over 95% creditor support for approximately $5.8 billion of aggregate indebtedness indicates broad alignment around the UK Restructuring Plan and materially improves the likelihood of a consensual, court-sanctioned restructuring.
• Clear expected timetable, with launch of the UK Restructuring Plan process in April and targeted completion by the third quarter of 2026, provides visibility on the planned balance sheet restructuring path.

Negative

• Restructuring completion remains contingent on court availability, customary conditions and regulatory approvals, so there is still execution risk around timing and final terms of the transaction.

Insights

Credit & Restructuring Analyst

High creditor support de-risks New Fortress Energy’s UK restructuring plan.

New Fortress Energy has indications of support from lenders and holders representing over 95% of its roughly $5.8 billion total indebtedness for a restructuring to be implemented via a UK Restructuring Plan. Support is broad-based across its legacy notes, new notes, term loans and revolving credit facility.

Such supermajority backing is typically a critical prerequisite for court-sanctioned restructurings and suggests negotiations with key creditors are largely aligned with the Restructuring Support Agreement. The Company has also extended the early consent deadline to April 8, 2026, tied to eligibility for an early consent fee.

The transaction is expected to launch in April and complete by the third quarter of 2026, subject to court availability, regulatory approvals and other customary conditions. Actual outcomes will depend on court processes and whether current creditor support levels are maintained through implementation.

Key Figures

Aggregate indebtedness: $5.8 billion principal amount Overall creditor support: Over 95% of indebtedness 2026 Legacy Notes support: 93% of holders +5 more

8 metrics

Aggregate indebtedness $5.8 billion principal amount Total NFE aggregate indebtedness referenced in restructuring

Overall creditor support Over 95% of indebtedness Indicated support for UK Restructuring Plan

2026 Legacy Notes support 93% of holders Support for restructuring transaction

2029 Legacy Notes support 87% of holders Support for restructuring transaction

2029 New Notes support 98% of holders Support for restructuring transaction

Term Loan A and Revolver support 100% of lenders Term Loan A and Revolving Credit Facility lenders backing

Early consent deadline April 8, 2026, 5:00 p.m. NYC time Cutoff to accede to RSA and be eligible for early consent fee

Expected completion window Third quarter of 2026 Target timing to complete UK Restructuring Plan transaction

Key Terms

Restructuring Support Agreement, UK Restructuring Plan, early consent fee, proxy statement, +1 more

5 terms

Restructuring Support Agreement financial

"it entered into a Restructuring Support Agreement (“RSA”) with its creditors"

A restructuring support agreement is a written deal between a company and its key creditors or stakeholders that lays out how debts, contracts, or ownership will be changed to fix the company’s finances. It matters to investors because it reduces uncertainty by signaling a negotiated path to solvency or debt relief—like neighbors agreeing on a repayment plan—so it influences how much creditors and shareholders are likely to recover and how quickly the company can move forward.

UK Restructuring Plan financial

"as part of a consensual UK Restructuring Plan (“UK RP”)"

A UK restructuring plan is a court-approved process that lets a company change the terms of its debts or equity so it can stay in business. Think of it like a group agreement supervised by a judge that can force through a repayment or ownership rearrangement even if some lenders or shareholders disagree; investors care because it can protect or dilute their claims and determine whether they recover value or take a loss.

early consent fee financial

"be eligible for an early consent fee, to 5:00pm, New York City time"

An extra cash payment or bonus offered to creditors or shareholders who agree quickly to a proposed transaction—commonly a debt restructuring, exchange offer, or tender—so the sponsor can secure early approvals. Investors care because it changes the effective payout for those who participate, acts like a reward for acting fast, and signals how urgently organizers need support, which can affect participation rates and expected recoveries.

proxy statement regulatory

"the Company will file with the U.S. Securities and Exchange Commission ... a proxy statement"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

forward-looking statements regulatory

"This press release includes “forward-looking statements,” within the meaning of Section 27A of the Securities Act"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Proxy Statements (DEF 14A): Pay, Votes, and Board Changes →

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

Filed by the Registrant ☒

Filed by a party other than the Registrant ☐

Check the appropriate box:

☐    Preliminary Proxy Statement

☐    Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

☐ Definitive Proxy Statement

☐ Definitive Additional Materials

☒    Soliciting Material under §240.14a-12

NEW FORTRESS ENERGY INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

☒    No fee required

☐    Fee paid previously with preliminary materials

☐    Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

New Fortress Energy Inc. Announces Results of Early Consent Solicitation and Extension of Early Consent Deadline to April 8, 2026

Overwhelming Support of Over 95% of Lenders Achieved

New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”) previously announced on March 17, 2026 that it entered into a Restructuring Support Agreement (“RSA”) with its creditors as part of a consensual UK Restructuring Plan (“UK RP”).

NFE is pleased to announce that it has received strong indications of support for the previously announced transaction, to be implemented through a UK RP, from its stakeholders, including holders and lenders representing over 95% of its approximately $5.8 billion principal amount of NFE’s aggregate indebtedness, including, approximately:

• 93% of holders of the 2026 Legacy Notes;

• 87% of holders of the 2029 Legacy Notes;

• 98% of holders of the 2029 New Notes;

• 100% of lenders of the Term Loan A;

• 88% of lenders of the Term Loan B; and

• 100% of lenders of the Revolving Credit Facility.

To ensure all holders who intend to accede to the RSA have ample time to submit directions via their custodians, the Company is announcing today the extension of the deadline for creditors to accede to the RSA and, provided certain conditions are met, be eligible for an early consent fee, to 5:00pm, New York City time, on April 8, 2026. Any questions on how to accede to the RSA including submitting direction through the clearing systems should be directed to the information agent, Kroll Issuer Services Limited, at the email address nfe@is.kroll.com and further information is available on its website https://deals.is.kroll.com/nfe.

As previously announced, the Company expects to launch the UK RP process in April and the transaction is expected to be completed by the third quarter of 2026, subject to court availability, customary conditions and regulatory approvals. This expected timeline is on track and remains unchanged.

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.

No Offer or Solicitation

The information set forth in this press release is not an offer to sell or exchange, or solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for, any securities, or the solicitation of a proxy, consent, or authorization in any jurisdiction or any vote or approval in any jurisdiction in connection with the transaction, the

stockholder approvals or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. In particular, this communication is not an offer of securities for sale into the United States. No offer of securities shall be made in the United States absent registration under the Securities Act of 1933, as amended (the “Securities Act”), or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

Additional Information and Where to Find It

This communication may be deemed to be solicitation material in respect of the transaction and the stockholder approvals. In connection with the transaction and the stockholder approvals, the Company will file with the U.S. Securities and Exchange Commission (the “SEC”) a proxy statement (as amended or supplemented from time to time, the “proxy statement”). BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE TRANSACTION AND THE STOCKHOLDER APPROVALS OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT (IF ANY) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE STOCKHOLDER APPROVALS AND THE PARTIES TO THE TRANSACTION. Copies of the proxy statement and other relevant materials and any other documents filed by the Company with the SEC may be obtained free of charge at the SEC’s website, at www.sec.gov. In addition, stockholders and investors may obtain free copies of the proxy statement and other relevant materials by directing a request to: New Fortress Energy Inc., 111 W. 19th Street, 8th Floor, New York, New York 10011, Attention: Investor Relations.

Participants in Proxy Solicitation

The Company and certain of its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in respect of the transaction and the stockholder approvals. Information about the directors and executive officers of the Company, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed with the SEC on March 10, 2025, and the Company’s Definitive Proxy Statement on Schedule 14A, filed with the SEC on April 29, 2025, including under the headings “Executive Compensation,” “Compensation Committee Report,” “Director Compensation” and “Security Ownership of Management and Certain Beneficial Owners.” To the extent holdings of NFE common stock by the directors and executive officers of NFE have changed from the amounts disclosed in such filings, such changes have been or will be reflected on Initial Statements of Beneficial Ownership of Securities on Form 3, Statements of Changes in Beneficial Ownership on Form 4 or Annual Statements of Changes in Beneficial Ownership of Securities on Form 5, in each case filed with the SEC. Other information regarding the persons who may be deemed participants in the proxy solicitations in connection with the transaction, and a description of any interests that they have in the transaction, by security holdings or otherwise, will be contained in the proxy statement to be filed with the SEC regarding the transaction and the stockholder approvals when they become available. Stockholders, potential investors, and other interested persons should read the proxy statement carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

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

transaction described above, including the Company’s ability to complete the transaction on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company’s ability to realize the intended benefits of the transaction. 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. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company’s reports filed with the SEC, including in the section entitled “Risk Factors” in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and the section entitled “Risk Factors” in Part II, Item 1A of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. 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

Source: New Fortress Energy Inc.

FAQ

What restructuring step did New Fortress Energy (NFE) just announce?

New Fortress Energy announced strong early support for its UK Restructuring Plan. Creditors representing over 95% of about $5.8 billion of indebtedness have indicated backing for the transaction under a Restructuring Support Agreement.

How much of New Fortress Energy’s debt is covered by the restructuring support?

The indications of support cover over 95% of New Fortress Energy’s approximately $5.8 billion principal amount of aggregate indebtedness. This includes its 2026 and 2029 notes, term loans and revolving credit facility under the planned UK restructuring.

What are the early consent terms and deadline for NFE creditors?

Creditors who accede to the Restructuring Support Agreement by 5:00 p.m. New York City time on April 8, 2026 may, if certain conditions are met, qualify for an early consent fee. Directions must be submitted through custodians and clearing systems.

When does New Fortress Energy expect to complete its UK restructuring plan?

New Fortress Energy expects to launch the UK Restructuring Plan process in April and complete the transaction by the third quarter of 2026. This timetable depends on court availability, customary closing conditions and required regulatory approvals.

Does this communication constitute an offer of New Fortress Energy securities?

No. The communication explicitly states it is not an offer to sell or exchange securities or solicit proxies or consents in any jurisdiction. Any securities offer in the United States would require Securities Act registration or a valid exemption.

Where can NFE investors find the proxy statement about the transaction?

Investors can access the proxy statement and related documents free of charge on the SEC’s website at www.sec.gov. They may also request copies from New Fortress Energy’s Investor Relations office at its New York address when the proxy becomes available.