The acquisition positions Excelerate as Jamaica's sole LNG platform, benefitting from first-mover advantage and its established presence in the Jamaica power system.

New Fortress said previously the plant supplies 65% of Jamaica's electricity. Excelerate said it expects the acquisition to immediately add to its earnings per share, with assets that complement ...

Chairman and CEO of New Fortress Energy. “We are proud of the contributions we have made to Jamaica’s energy transition. Our Jamaican assets and employees are world-class and have played a ...

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New York-listed New Fortress Energy will sell its Jamaica gas assets to Excelerate Energy for US$1 billion, the two companies announced Thursday. For ads that aren’t personalized, ad measurement, ...

March 27 (Reuters) - Liquefied natural gas infrastructure provider Excelerate Energy (EE.N), opens new tab is nearing a deal to acquire the Jamaica business of smaller rival New Fortress Energy ...

Excelerate Energy Inc. EE has entered into an agreement to purchase New Fortress Energy Inc.’s NFE assets and operations in Jamaica. The deal will be financed entirely in cash for a total ...

By David French and Vallari Srivastava (Reuters) -Liquefied natural gas infrastructure provider Excelerate Energy has agreed to buy the Jamaica business of rival New Fortress Energy for $1.06 billion ...

New Fortress Energy (NFE) has finalized a transaction with Excelerate Energy (EE) to sell its assets and operations in Jamaica for $1.055B. Proceeds from the transaction will be used to reduce NFE ...