New Fortress Energy Signs FSRU Charter to Start Operations of LNG Import Terminal in Santa Catarina, Brazil in January 2024
06 Noviembre 2023 - 7:00AM
Business Wire
New Fortress Energy Inc. (NASDAQ: NFE) announced that it has
executed a definitive agreement to charter the Floating Storage and
Regasification Unit (“FSRU”) Energos Winter from Petrobras starting
in December 2023. The FSRU Energos Winter will be immediately
deployed to Terminal Gas Sul (“TGS”), NFE’s newest LNG import
terminal in Santa Catarina, Brazil which will start commercial
operations ahead of schedule in January 2024.
“We are extremely pleased to reach this agreement with Petrobras
and begin operations at the TGS terminal in Santa Catarina, Brazil
ahead of schedule in January 2024. The TGS terminal is a unique,
high-growth opportunity for NFE, as connection to the pipeline
system in south Brazil offers a diverse and near-term set of
opportunities across power and gas supply," said Andrew Dete,
Managing Director of New Fortress Energy.
The Energos Winter will be sub-chartered by NFE through the
remaining term of the Petrobras charter with Energos infrastructure
and then direct-chartered by NFE on a long-term basis with Energos.
This will enable NFE to commence commercial operations at TGS in
January 2024 and continue uninterrupted service on a long-term
basis. Energos Infrastructure, the owner of the Energos Winter, is
owned 80% by funds managed by Apollo and 20% by NFE.
The transactions described in this press release are subject to
customary terms and conditions.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy
infrastructure company founded to address energy poverty and
accelerate the world’s transition to reliable, affordable, and
clean energy. The company owns and operates natural gas and
liquefied natural gas (LNG) infrastructure and an integrated fleet
of ships and logistics assets to rapidly deliver turnkey energy
solutions to global markets. Collectively, the company’s assets and
operations reinforce global energy security, enable economic
growth, enhance environmental stewardship and transform local
industries and communities around the world.
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This communication contains forward-looking statements. All
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and repair work of Puerto Rico’s power system and grid; ability to
improve grid stability in Puerto Rico; the ability of the project
to transition to a cleaner, more affordable and reliable energy
system; and satisfaction of the terms and conditions with respect
to the transactions.
These forward-looking statements are necessarily estimates based
upon current information and involve a number of risks,
uncertainties and other factors, many of which are outside of the
Company’s control. Actual results or events may differ materially
from the results anticipated in these forward-looking statements.
Specific factors that could cause actual results to differ from
those in the forward-looking statements include, but are not
limited to: unknown and unforeseen risks related to the
development, construction or commissioning schedule of the
facilities, including failure to meet design and engineering
specifications, incompatibility of systems, delays and schedule
changes, high costs and expenses, and regulatory and legal
challenges, among others; the receipt of permits, approvals and
authorizations from governmental and regulatory agencies on a
timely basis or at all; we will be unable to operationalize our
plans for the projects and derive the benefits expected; common
risks related to successful integration of the businesses; breach
or failure by the parties to comply with the covenants and
obligations under the agreements; nonpayment or nonperformance of
obligations by the parties; inability to realize the anticipated
benefits from the project or our partnerships; adverse regional,
national, or international economic conditions, adverse capital
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disruption following the transaction; and the impact of public
health crises, such as pandemics (including coronavirus (COVID-19))
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considering these forward-looking statements, you should keep in
mind the risk factors and other cautionary statements included in
New Fortress Energy Inc.’s annual and quarterly reports filed with
the Securities and Exchange Commission, which could cause its
actual results to differ materially from those contained in any
forward-looking statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20231106408637/en/
Investors Chance Pipitone ir@newfortressenergy.com
Media press@newfortressenergy.com
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