|Bid||13.00 x 1100|
|Ask||17.65 x 1100|
|Day's Range||17.48 - 17.92|
|52 Week Range||8.90 - 19.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
New Fortress Energy LLC (NFE) (“New Fortress”) announced today that its subsidiary NFE South Power Holdings Limited (the “Company”) has executed and closed the first issuance of a fully committed $180 million bond facility arranged by NCB Capital Markets Limited and its subsidiary NCB Capital Markets (Cayman) Limited (collectively “NCBCM”). Under the facility, the Company plans to issue up to $180 million of bonds comprising of up to $136.3 million of 8.25% secured long-term fixed rate bonds due 2034 and up to $43.7 million of 11% unsecured long-term fixed rate bonds due 2036 (collectively, the “Bonds”). The Company issued $117 million of Bonds on September 5, 2019 and has a commitment from NCBCM to purchase the remaining $63 million of Bonds upon completion of construction of the Company’s combined heat and power facility in Clarendon, Jamaica (the “Power Plant”) and the satisfaction of certain related conditions, which is currently expected in the first quarter of 2020.
NEW YORK, NY / ACCESSWIRE / August 13, 2019 / New Fortress Energy LLC (NASDAQ: NFE ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 13, 2019 at 8:00 ...
New Fortress Energy LLC (NFE) (“New Fortress” or the “Company”) announced today that it has signed a memorandum of understanding (MOU) with the Angolan Ministry of Mineral Resources and Petroleum, Ministry of Energy and Water and Ministry of Finance for the development of a liquefied natural gas (LNG) terminal to supply natural gas to Angola for power generation.
New Fortress Energy LLC (NFE) announced today that it will release its first quarter financial results for the period ended March 31, 2019 on Wednesday, May 15, 2019, prior to the opening of the New York Stock Exchange. In addition, management will host a conference call on Wednesday, May 15, 2019 at 8:30 A.M. Eastern Time. A copy of the earnings release will be posted to the Investor Relations section of New Fortress Energy’s website, www.newfortressenergy.com.
New Fortress Energy LLC (NFE) (“New Fortress Energy”) announced today that management will host a business update conference call on Monday, March 18, 2019 at 8:30 am Eastern Time. A copy of materials management will reference will be posted to the Investor Relations section of New Fortress Energy’s website, www.newfortressenergy.com.
New Fortress Energy LLC (NFE) (“New Fortress”) announced today that its Puerto Rico subsidiary, NFEnergía LLC (“NFEnergía”), has entered into a contract with the Puerto Rico Electric Power Authority (“PREPA”) for the supply of natural gas and conversion of Units 5 and 6 of the San Juan Combined Cycle Power Plant. The initial term of the contract is five years, with options for PREPA to extend for three additional five-year periods.
New Fortress Energy LLC (NFE) (“New Fortress”) issues a correction to the headline and the first two paragraphs of the press release issued earlier today relating to the number of shares and figures associated with the option exercised. New Fortress Energy LLC (NFE) (“New Fortress”) announced today that the underwriters of its initial public offering exercised their option to purchase an additional 837,272 Class A shares (not the 3,000,000 shares previously reported) at the initial public offering price of $14.00 per share, less underwriting discounts. Including the additional 837,272 Class A shares, New Fortress will have sold a total of 20,837,272 Class A shares, representing total proceeds of $268.6 million, net of underwriting discounts and offering expenses.
New Fortress Energy LLC (NFE), an integrated gas-to-power company, rang the Nasdaq MarketSite bell in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. New Fortress Energy is a New York City based company that seeks to use ‘stranded’ natural gas to satisfy the world’s large and growing power needs. “We founded New Fortress Energy to meet the growing demand for affordable, clean and reliable energy around the world,” said Wes Edens, Founder and CEO of New Fortress Energy. “Today’s listing on Nasdaq will support the growth of our fully integrated LNG infrastructure and logistics network.
New Fortress Energy LLC (NFE) (“New Fortress” or the “Company”) announced today that it has filed an amendment to its registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) in order to expedite the completion of its initial public offering as a result of the resumed operations by the SEC. The offering information is unchanged from the information contained in the amendment to the registration statement the Company filed on January 25, 2019, and reflects the proposed sale of 20,000,000 Class A shares at an initial public offering price of $15.00 per share.
New Fortress Energy LLC (NASDAQ:NFE) (“New Fortress” or the “Company”) announced today an initial public offering of 22,200,000 Class A shares representing limited liability company interests in New Fortress (the “Class A shares”), pursuant to a registration statement on Form S-1 (including a prospectus) previously filed with the Securities and Exchange Commission (the “SEC”). The current expected initial public offering price is between $17.00 and $19.00 per Class A share. In addition, New Fortress intends to grant the underwriters a 30-day option to purchase up to an additional 3,330,000 Class A shares at the initial public offering price, less underwriting discounts and commissions.