New Fortress Energy Announces First Quarter 2021 Results; Forms Joint Venture with Fortress Transportation and Infrastructure LLC Focused on Renewable and Clean Fuels; Declares Dividend of $0.10 per Class A Common Share
New Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today reported its financial results for the first quarter ending March 31, 2021.
Business Highlights
Closed previously announced acquisitions of Hygo Energy Transition Ltd. ("Hygo") and Golar LNG Partners LP ("GMLP") for $5.1bn enterprise value
Development projects are advancing on budget and schedule(1)
Our Mexico and Nicaragua terminals are expected to be operational(2) in Q2 2021
Our first ISO Flex vessel has arrived in La Paz and two more expected in Nicaragua in Q2 2021
We are FID(3) and currently developing new terminals at Santa Catarina, Barcarena, and Suape in Brazil
We continue to make great progress on
