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

Excelerate Energy (NYSE:EE) said Thursday it agreed to acquire New Fortress Energy's (NASDAQ:NFE) business in Jamaica for $1.055B in cash. New Fortress' (NASDAQ:NFE) Jamaica business consists of the ...

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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 ...

New Fortress Energy entered the Jamaican energy market ... The 150 MW Clarendon power plant that supplies nearly 65% of Jamaica’s electricity also has scope for expansion. Jamaica’s strategic ...

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, ...

New Fortress Energy Inc.’s NFE share price has dipped by 15.98%, which has investors questioning if this is right time to buy ...

New Fortress Energy (NFE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength ...