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-0.0163107449134016 0.0089120564990753 0.151841264503111 0.118042710610392 0.185471666386413 0.160332940978645 0.0509500588532033 0.0223642172523963
Stock impact report

New Fortress Energy Announces Separation of Brazilian Operations as Part of Broader NFE Inc. Recapitalization Transaction

New Fortress Energy Inc. - Class A (NFE) 
Last new fortress energy inc. - class a earnings: 3/4 12:02 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK & RIO DE JANEIRO--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE") today announced it will separate its Brazilian operations into an independent, standalone energy platform (“BrazilCo” or “the Company”) as part of NFE’s broader recapitalization transaction (the “Transaction”) to be implemented via consensual UK Restructuring Plan (“UK RP”). This separation is expected to position BrazilCo for continued growth while strengthening Brazil’s energy infrastructure and security.Following the closing of transaction, the newly independent Brazilian entity, headquartered in Rio de Janeiro, will be owned by a consortium of leading global institutional investors with deep expertise in infrastructure development and long-term value creation, extensive experience investing across Brazilian asset classes and over $20 trillion in assets under management.The new ownership group is committed to supporting the Company with a strong, well-capitalized balance sheet designed to Show less Read more
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