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

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...