New Fortress Energy Announces Transformative Transactions in Puerto Rico [Yahoo! Finance]
New Fortress Energy Inc. - Class A (NFE)
Last new fortress energy inc. - class a earnings: 3/4 12:02 am
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Source: Yahoo! Finance
NFE awarded 80 TBtu gas supply contract in Puerto Rico, more than doubling the volumes of gas it currently provides to these plants NEW YORK, March 18, 2024 BUSINESS WIRE )--New Fortress Energy Inc. (NASDAQ: NFE) (the "Company") is pleased to announce two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in Puerto Rico. The Company sold the emergency power plants it constructed on behalf of the U.S. Army Corps of Engineers in San Juan and Palo Seco to PREPA for $373 million in cash, subject to certain items and conditions. These plants were developed by the Company in 2023 in rapid response to a competitive bid by the U.S. Army Corps of Engineers to provide emergency power in order to stabilize the power grid in Puerto Rico. They have become a cornerstone of Puerto Rico's energy portfolio, delivering critical baseload power to stabilize the grid in the aftermath of recent natural disasters, and as contemplated, their owners
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NFE
News
- New Fortress Energy Inc. (NASDAQ:NFE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Inc. (NASDAQ: NFE) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $35.00 to $33.00. They now have a "hold" rating on the stock.MarketBeat
- New Fortress Energy Inc. (NASDAQ: NFE) had its price target lowered by analysts at Stifel Nicolaus from $45.00 to $43.00. They now have a "buy" rating on the stock.MarketBeat
- UPDATE 1-New Fortress delays start of Mexico's first LNG plant to May [Yahoo! Finance]Yahoo! Finance
- New Fortress Energy Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
NFE
Earnings
- 5/8/24 - Beat
NFE
Sec Filings
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- 4/29/24 - Form ARS
- NFE's page on the SEC website