• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    New Fortress Energy Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits

    5/20/25 8:32:08 PM ET
    $NFE
    Oil/Gas Transmission
    Utilities
    Get the next $NFE alert in real time by email
    nfe-20250514
    FALSE000174972300017497232025-05-142025-05-14

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(D)
    OF THE SECURITIES EXCHANGE ACT OF 1934

    Date of Report (Date of earliest event reported): May 14, 2025

    New Fortress Energy Inc.
    (Exact name of registrant as specified in its charter)

    Delaware001-3879083-1482060
    (State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)

    111 W. 19th Street, 8th Floor
    New York, NY
    10011
    (Address of Principal Executive Offices)(Zip Code)
    Registrant’s Telephone Number, Including Area Code: (516) 268-7400


    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:


    Title of each classTrading Symbol(s)Name of each exchange on which registered
    Class A Common Stock, par value $0.01 per share
    “NFE”

    NASDAQ Global Select Market


    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    ☐ Emerging growth company

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐




    Item 2.01 Completion of Acquisition or Disposition of Assets.

    On May 14, 2025, New Fortress Energy Inc., a Delaware corporation (“NFE” or the “Company”), and Atlantic Energy Holdings LLC, a Delaware limited liability company (“Seller” and together with NFE, the “NFE Parties”), successfully closed the previously announced acquisition by Excelerate Energy Limited Partnership (“EELP”), a subsidiary of Excelerate Energy, Inc., in which, pursuant to the equity and asset purchase agreement dated March 26, 2025 (the “Purchase Agreement”), by and among EELP and the NFE Parties, EELP agreed to acquire the NFE Parties’ business in Jamaica for a purchase price of $1.055 billion in cash, subject to certain adjustments for cash, indebtedness, transaction expenses, working capital and liquefied natural gas and fuel inventory (the “Transaction”).

    The foregoing descriptions of the Purchase Agreement and the Transaction do not purport to be complete and are subject to and qualified in their entirety by reference to the copy of the Purchase Agreement, which was previously filed with the Securities and Exchange Commission as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on March 27, 2025 and is incorporated herein by reference.


    Item 9.01.     Financial Statements and Exhibits.

    (b) Pro Forma Financial Information

    The unaudited pro forma condensed combined consolidated financial statements of the Company as of and for the period ended March 31, 2025 and for the year ended December 31, 2024, giving effect to the Transaction are filed as Exhibit 99.3 to this Current Report on Form 8-K and is incorporated into this Item 9.01 by reference.

    Exhibit No.Description
    99.3
    Unaudited pro forma condensed consolidated financial information of New Fortress Energy, Inc.
    104Cover Page Interactive Data File (embedded within the Inline XBRL document)




    SIGNATURES


    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

     NEW FORTRESS ENERGY INC.
      
    Date: May 20, 2025By:/s/ Christopher S. Guinta
     Name:Christopher S. Guinta
     Title:Chief Financial Officer



    Get the next $NFE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NFE

    DatePrice TargetRatingAnalyst
    12/4/2024$11.00Sell → Hold
    Deutsche Bank
    10/3/2024$35.00 → $15.00Overweight → Equal-Weight
    Morgan Stanley
    10/1/2024$21.00 → $7.60Hold → Sell
    Deutsche Bank
    3/4/2024$40.00 → $35.00Buy → Hold
    Deutsche Bank
    12/19/2023Equal Weight
    CapitalOne
    6/8/2023$59.00 → $31.00Buy → Neutral
    BofA Securities
    4/10/2023$60.00Buy
    Deutsche Bank
    2/1/2023$67.00Buy
    BofA Securities
    More analyst ratings

    $NFE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • New Fortress Energy upgraded by Deutsche Bank with a new price target

      Deutsche Bank upgraded New Fortress Energy from Sell to Hold and set a new price target of $11.00

      12/4/24 7:45:07 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded New Fortress Energy from Overweight to Equal-Weight and set a new price target of $15.00 from $35.00 previously

      10/3/24 7:35:27 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy downgraded by Deutsche Bank with a new price target

      Deutsche Bank downgraded New Fortress Energy from Hold to Sell and set a new price target of $7.60 from $21.00 previously

      10/1/24 8:07:26 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities

    $NFE
    Leadership Updates

    Live Leadership Updates

    See more
    • Pennybacker Closes Acquisition of Miami LNG Business, Appoints Daniel McLaughlin President and Chief Commercial Officer to Lead Miami LNG

      AUSTIN, Texas, Nov. 21, 2024 /PRNewswire/ -- Pennybacker Capital Management, LLC (Pennybacker), a leading real assets investment manager, today announced it has completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy Inc. (NASDAQ:NFE). The Miami LNG business is a strategically located small-scale liquefaction operation, equipped with one liquefaction train that produces up to approximately 8,300 MMBtu per day of LNG, optimized for truck and rail logistics to enable efficient and flexible distribution for its customers. The Miami LNG business serves the hospitality, industrial, transpo

      11/21/24 1:45:00 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy to Acquire Golar LNG Partners LP

      January 13, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announced that it has entered into an agreement and plan of merger with New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”). Under the merger agreement, NFE has agreed to acquire all of the outstanding common units and general partner units of GMLP for $3.55 per unit in cash for a total purchase price of $251 million equity value. In connection with the transaction, GMLP’s incentive distribution rights will be cancelled. The Series A preferred units of GMLP will remain outstanding. The consideration to be received by GMLP common unitholders represents a 27% premium to the closing price of GMLP’s common units of $2.79/unit o

      1/13/21 8:54:53 AM ET
      $NFE
      $GMLP
      Oil/Gas Transmission
      Utilities
      Marine Transportation
      Consumer Services
    • Golar LNG Limited and Stonepeak Infrastructure Partners to Sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy

      January 13, 2021 – Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transition Ltd. (“Hygo”) to New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”). Hygo, a gas to power and downstream LNG distribution company, is owned 50% by each of GLNG and by funds and other entities managed by Stonepeak. Under the terms of the merger agreement, NFE will acquire all of the outstanding shares of Hygo for 31.4 million shares of NFE Class A common stock and $580 million in cash. The transa

      1/13/21 8:26:27 AM ET
      $NFE
      $GMLP
      $GLNG
      Oil/Gas Transmission
      Utilities
      Marine Transportation
      Consumer Services

    $NFE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by New Fortress Energy Inc.

      SC 13G - New Fortress Energy Inc. (0001749723) (Subject)

      11/14/24 5:32:01 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • SEC Form SC 13G filed by New Fortress Energy Inc.

      SC 13G - New Fortress Energy Inc. (0001749723) (Subject)

      11/14/24 11:28:11 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • Amendment: SEC Form SC 13G/A filed by New Fortress Energy Inc.

      SC 13G/A - New Fortress Energy Inc. (0001749723) (Subject)

      11/13/24 12:54:34 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities

    $NFE
    Press Releases

    Fastest customizable press release news feed in the world

    See more

    $NFE
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $NFE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • New Fortress Energy Discloses Notice from Nasdaq

      New Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today announced its receipt of an expected notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because the Company has not yet filed its Form 10-Q for the period ended March 31, 2025 ("Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC"). The Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Company is continuing to work diligently to finalize and file its Form 10-Q as soon as possible. The Company expects that i

      5/27/25 4:15:00 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy Completes Sale of Jamaica Assets & Operations to Excelerate Energy and Announces First Quarter 2025 Results

      New Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today announced the completion of the sale of its assets and operations in Jamaica to Excelerate Energy, Inc. (NYSE:EE) ("Excelerate") for $1.055 billion. The transaction was initially announced by NFE on March 27, 2025. Proceeds from the transaction will be used to reduce NFE's corporate debt and for general corporate purposes. Pursuant to the transaction, Excelerate Energy, Inc. has acquired full ownership of NFE's LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour, and 150 MW Combined Heat and Power Plant in Clarendon, along with the associated infrastructure. "The closi

      5/14/25 4:01:00 PM ET
      $EE
      $NFE
      Oil/Gas Transmission
      Utilities
    • Excelerate Energy Closes Acquisition of Integrated LNG and Power Platform in Jamaica

      Excelerate Energy, Inc. (NYSE:EE) ("Excelerate" or the "Company") today announced that it has closed its acquisition of New Fortress Energy Inc.'s (NASDAQ:NFE) business in Jamaica (the "Acquisition"). Under the terms of the purchase agreement, Excelerate has acquired the assets and operations of the Montego Bay liquified natural gas ("LNG") Terminal, the Old Harbour LNG Terminal, and the Clarendon combined heat and power plant. Subsequent to the announcement of the Acquisition, the Company successfully raised approximately $1.0 billion in equity and debt financings to fund the Acquisition. In the second quarter of 2025, Excelerate completed an equity offering of eight million shares of Cl

      5/14/25 4:00:00 PM ET
      $EE
      $NFE
      Oil/Gas Transmission
      Utilities
    • Chief Financial Officer Guinta Christopher S. bought $42,850 worth of shares (5,000 units at $8.57), increasing direct ownership by 2% to 206,653 units (SEC Form 4)

      4 - New Fortress Energy Inc. (0001749723) (Issuer)

      3/13/25 12:15:28 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • Chief Executive Officer Edens Wesley R bought $907,000 worth of shares (100,000 units at $9.07) (SEC Form 4)

      4 - New Fortress Energy Inc. (0001749723) (Issuer)

      3/12/25 12:22:28 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • Chief Executive Officer Edens Wesley R bought $1,754,000 worth of shares (200,000 units at $8.77) (SEC Form 4)

      4 - New Fortress Energy Inc. (0001749723) (Issuer)

      3/11/25 1:21:01 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New insider Lowe Michael Thomas claimed ownership of 13,313 shares (SEC Form 3)

      3 - New Fortress Energy Inc. (0001749723) (Issuer)

      5/14/25 6:49:02 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New insider Sledge Charles M claimed no ownership of stock in the company (SEC Form 3)

      3 - New Fortress Energy Inc. (0001749723) (Issuer)

      5/8/25 11:15:07 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • Chief Accounting Officer Shin Yunyoung converted options into 80,455 shares and covered exercise/tax liability with 44,558 shares, increasing direct ownership by 75% to 83,557 units (SEC Form 4)

      4 - New Fortress Energy Inc. (0001749723) (Issuer)

      4/23/25 5:30:08 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities

    $NFE
    SEC Filings

    See more
    • New Fortress Energy Inc. filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - New Fortress Energy Inc. (0001749723) (Filer)

      5/27/25 5:12:15 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits

      8-K - New Fortress Energy Inc. (0001749723) (Filer)

      5/20/25 8:32:08 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - New Fortress Energy Inc. (0001749723) (Filer)

      5/14/25 4:06:01 PM ET
      $NFE
      Oil/Gas Transmission
      Utilities

    $NFE
    Financials

    Live finance-specific insights

    See more
    • New Fortress Energy Completes Sale of Jamaica Assets & Operations to Excelerate Energy and Announces First Quarter 2025 Results

      New Fortress Energy Inc. (NASDAQ:NFE) ("NFE" or the "Company") today announced the completion of the sale of its assets and operations in Jamaica to Excelerate Energy, Inc. (NYSE:EE) ("Excelerate") for $1.055 billion. The transaction was initially announced by NFE on March 27, 2025. Proceeds from the transaction will be used to reduce NFE's corporate debt and for general corporate purposes. Pursuant to the transaction, Excelerate Energy, Inc. has acquired full ownership of NFE's LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour, and 150 MW Combined Heat and Power Plant in Clarendon, along with the associated infrastructure. "The closi

      5/14/25 4:01:00 PM ET
      $EE
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy Reschedules First Quarter 2025 Earnings Release and Conference Call

      New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") is rescheduling the announcement of its financial results for the first quarter of 2025 to Wednesday, May 14th, 2025 at 4:00 P.M. Eastern Time to announce the closing of the Jamaica transaction, and announce an update to the use of proceeds. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. The Company will hold a conference call on Wednesday, May 14th, 2025 at 4:30 P.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1 (323) 701-0225 (from outside of the U.S.) fifteen minutes

      5/12/25 9:23:00 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities
    • New Fortress Energy Schedules First Quarter 2025 Earnings Release and Conference Call

      New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce its financial results for the first quarter of 2025 after 4:00 P.M. Eastern Time on Monday, May 12th, 2025. A copy of the press release and an earnings supplement will be posted to the Investors section of the Company's website, www.newfortressenergy.com. In addition, management will host a conference call on Monday, May 12th, 2025 at 4:30 P.M. Eastern Time. The conference call may be accessed by dialing (888) 256-1007 (toll-free from within the U.S.) or +1 (323) 701-0225 (from outside of the U.S.) fifteen minutes prior to the scheduled start of the call; please reference "NFE First-Quarter 2025 Earnings Call" or confe

      4/25/25 8:30:00 AM ET
      $NFE
      Oil/Gas Transmission
      Utilities