On the Record · Excelerate Energy
Excelerate Energy acquisitions, on the record
The businesses Excelerate Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
SequoiaWord for word“Depreciation and amortization increased primarily due to the acquisition of Sequoia in the second quarter of 2023, extended commissioning time for our power barge assets in Albania, and accelerated depreciation recognized for assets removed from service on one of our vessels in the second quarter of 2023, partially offset by a decrease due to the update to our useful life assumptions.” 10-K for 2023 | acquisition | in the second quarter of 2023 | — |
Excelsior, LLC and FSRU Vessel (Excellence), LLC (f/k/a Excellence, LLC) (the Foundation Vessels)Word for word“Also included in the Reorganization is our acquisition of all of the issued and outstanding membership interests in Excelsior, LLC and FSRU Vessel (Excellence), LLC (f/k/a Excellence, LLC) (collectively, the “Foundation Vessels”).” 10-K for 2023 | acquisition | — | — |
ExcellenceWord for word“In the year ended December 31, 2022, we incurred a $21.8 million expense as a result of the difference between the consideration given to acquire Excellence and the historical finance lease liability.” 10-K for 2023 | acquisition | In the year ended December 31, 2022 | — |
Foundation Vessels (Excelsior, LLC and FSRU Vessel (Excellence), LLC)Word for word“Interest expense decreased primarily due to the acquisition of the Foundation Vessels (as defined herein) in the second quarter of 2022.” 10-K for 2024 | acquisition | second quarter of 2022 | — |
45% interest in Nakilat Excelerate LLC (Nakilat JV)Word for word“In June 2018, the Company acquired a 45 % interest in Nakilat Excelerate LLC, its equity method investment (the “Nakilat JV”), which is recorded using the equity method.” 10-K for 2024 | acquisition | June 2018 | — |
New Fortress Energy Inc.’s business in JamaicaWord for word“Acquisition In May 2025, we closed the acquisition of 100% of the interests in New Fortress Energy Inc.’s business in Jamaica for approximately $1,026.5 million in cash, which was subject to certain adjustments for cash, indebtedness, transaction expenses, working capital and liquefied natural gas and fuel inventory (the “Acquisition”).” 10-K for 2025 | acquisition | May 2025 | approximately $1,026.5 million in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2023-12-31 | $0 | — |
| 2024-12-31 | $0 | — |
| 2025-12-31 | $1.02 billion | $235 million |
Deal filings since 2016
- 2025-05-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-05-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-04-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Excelerate Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.