New Fortress Energy Announces Closing of $700 Million Loan for Second FLNG Unit
2024年7月24日 - 5:15AM
ビジネスワイヤ(英語)
New Fortress Energy Inc. (NASDAQ: NFE) (“NFE” or the “Company”)
today announced that after successfully producing LNG at its first
FLNG unit (“FLNG 1”), the Company has closed its previously
announced $700 million loan for its second FLNG unit (“FLNG 2”).
Now operational, FLNG 1 expects to deliver its first cargo in
August and enter full production thereafter.
The new loan will fully fund the construction of FLNG 2. FLNG 2
will be developed in partnership with Comisión Federal de
Electricidad (“CFE”) utilizing its extensive in-place terminal
infrastructure onshore in Altamira, Mexico. The new liquefaction
unit will incorporate the same proprietary modular technology as
FLNG 1 and is expected to complete construction in the first half
of 2026.
“Our FLNG complex is advancing at a rapid pace as we have now
produced LNG at our first unit, and fully financed our second.
These are large infrastructure projects that add considerable
financial and operational value to our Company and we are thrilled
with the progress to date,” said Wes Edens, Chairman and CEO of New
Fortress Energy.
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 Language Regarding Forward-Looking
Statements
This communication contains forward-looking statements. All
statements contained in this communication other than historical
information are forward-looking statements that involve known and
unknown risks and relate to future events, our future financial
performance or our projected business results. You can identify
these forward-looking statements by the use of forward-looking
words such as “expects,” “may,” “will,” “predicts,” “intends,”
“plans,” “estimates,” “anticipates,” or the negative version of
these terms or other comparable words. Forward looking statements
include but are not limited to: expectations related to the full
commercial operations of our first LNG asset and the new credit
facility for the Company’s second FLNG asset.
These forward-looking statements are necessarily estimates based
upon current information and involve a number of risks,
uncertainties and other factors, many of which are outside of the
Company’s control. Actual results or events may differ materially
from the results anticipated in these forward-looking statements.
Specific factors that could cause actual results to differ from
those in the forward-looking statements include, but are not
limited to: failure to receive the expected fixed payments under
our contracts, unknown and unforeseen risks related to the Full
commercial operation for our first LNG Asset, delays and schedule
changes, high costs and expenses, and regulatory and legal
challenges, among others; failure to receive expected financing on
terms acceptable to NFE; receipt of permits, approvals and
authorizations from governmental and regulatory agencies on a
timely basis or at all; our inability to operationalize our plans
for the projects and derive the benefits expected; common risks
related to successful integration of the businesses; breach or
failure by the parties to comply with the covenants and obligations
under the agreements; nonpayment or nonperformance of obligations
by the parties; inability to realize the anticipated benefits from
the project or our partnerships; adverse regional, national, or
international economic conditions, adverse capital market
conditions and adverse political developments; business disruption
following the transaction; and the impact of public health crises,
such as pandemics and epidemics and any related company or
government policies and actions to protect the health and safety of
individuals or government policies or actions to maintain the
functioning of national or global economies and markets. These
factors are not necessarily all of the important factors that could
cause actual results to differ materially from those expressed in
any of NFE’s forward-looking statements. Other known or
unpredictable factors could also have material adverse effects on
future results.
Any forward-looking statement speaks only as of the date on
which it is made, and we undertake no duty to update or revise
these forward-looking statements, even though our situation may
change in the future. New factors emerge from time to time, and it
is not possible for the Company to predict all such factors. When
considering these forward-looking statements, you should keep in
mind the risk factors and other cautionary statements included in
NFE’s annual and quarterly reports filed with the Securities and
Exchange Commission, which could cause its actual results to differ
materially from those contained in any forward-looking
statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20240723415215/en/
Investors Chance Pipitone ir@newfortressenergy.com
Media press@newfortressenergy.com
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