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On the Record · New Fortress Energy

New Fortress Energy acquisitions, on the record

The businesses New Fortress 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

BusinessDealWhenValue
1.6GW PPA
Word for word“In the fourth quarter of 2023, we entered into an agreement to acquire a 1.6GW PPA in exchange for newly issued 5% NFE redeemable Series A Convertible Preferred Stock (the "Series A Convertible Preferred Stock"), closing of which remains subject to customary closing conditions, including regulatory approval for the transfer of the PPA (the “Barcarena PPA Exchange”).” 10-K for 2023
agreed acquisitionIn the fourth quarter of 2023newly issued 5% NFE redeemable Series A Convertible Preferred Stock
Mazo vessel
Word for word“In December 2023, we entered into an agreement to sell the vessel, Mazo , for $22.4 million; the sale closed in the first quarter of 2024.” 10-K for 2023
agreed divestitureIn December 2023$22.4 million
Energos stake sold to joint venture partner
Word for word“In February 2024, we sold substantially all of our stake in Energos to our joint venture partner.” 10-K for 2023
divestitureIn February 2024—
Investment in common units of Hilli LLC
Word for word“On March 15, 2023, we completed a transaction with Golar LNG Limited (“GLNG”) for the sale of our investment in the common units of Hilli LLC (“Hilli Common Units”), disponent owner and operator of the Hilli Episeyo (the “ Hilli ”) through its subsidiary Golar Hilli Corporation, in exchange for approximately 4.1 million NFE shares and $100 million in cash (the "Hilli Exchange").” 10-K for 2023
divestitureOn March 15, 2023approximately 4.1 million NFE shares and $100 million in cash
Investment in CELSEPAR
Word for word“In the fourth quarter of 2022, we sold our interest in Centrais Elétricas de Sergipe Participações S.A.” 10-K for 2023
divestitureIn the fourth quarter of 2022—
Usina Termeletrica de Lins S.A. ("Lins")
Word for word“In August 2024, we acquired 100% of the outstanding equity interest of Usina Termeletrica de Lins S.A. ("Lins"), which owns key rights and permits to develop a natural gas-fired power plant for up to 2.05GW located in the State of Sao Paulo, within the city limits of Lins, Brazil.” 10-K for 2024
acquisitionAugust 2024—
PortoCem Geração de Energia S.A. ("PortoCem")
Word for word“In March 2024, we closed the acquisition of PortoCem Geração de Energia S.A. ("PortoCem"), a wholly-owned subsidiary of Ceiba Fundo de Investimento em Participações Multiestratégia- Investimento no Exterior ("Ceiba Energy") in exchange for newly issued 4.8% NFE redeemable Series A Convertible Preferred Stock.” 10-K for 2024
acquisitionMarch 2024in exchange for newly issued 4.8% NFE redeemable Series A Convertible Preferred Stock
Energos
Word for word“In February 2024, we sold substantially all of our stake in Energos.” 10-K for 2024
agreed divestitureFebruary 2024—
Hilli LLC common units (Hilli Exchange with Golar LNG Limited)
Word for word“On March 15, 2023, we completed a transaction with Golar LNG Limited (“GLNG”) for the sale of our investment in the common units of Hilli LLC (“Hilli Common Units”), disponent owner and operator of the Hilli Episeyo (the “ Hilli ”) through its subsidiary Golar Hilli Corporation, in exchange for approximately 4.1 million NFE shares and $100 million in cash (the "Hilli Exchange").” 10-K for 2024
divestitureMarch 15, 2023approximately 4.1 million NFE shares and $100 million in cash
Miami Facility
Word for word“For the year ended December 31, 2024 the Company recognized an impairment loss of $16.0 million related to the sale of our Miami facility, which includes an allocation of goodwill of $10.4 million.” 10-K for 2024
divestiture2024—
Jamaica Business
Word for word“On May 14, 2025, we completed the sale of our Jamaica business, including operations at the LNG import terminal in Montego Bay, the offshore floating storage and regasification terminal in Old Harbour and the 150 MW Combined Heat and Power Plant in Clarendon, along with the associated infrastructure (the “Jamaica Business”).” 10-K for 2025
divestitureOn May 14, 2025—
Usina Termeletrica de Lins S.A.
Word for word“In August 2024, we acquired 100% of the outstanding equity interest of Usina Termeletrica de Lins S.A. (“Lins”), which owns key rights and permits to develop a natural gas-fired power plant for up to 2.05GW located in the State of São Paulo, within the city limits of Lins.” 10-K for 2025
acquisitionAugust 2024—
PortoCem Geração de Energia S.A.
Word for word“In March 2024, we closed the acquisition of PortoCem Geração de Energia S.A. (“PortoCem”), a wholly-owned subsidiary of Ceiba Fundo de Investimento em Participações Multiestratégia- Investimento no Exterior (“Ceiba Energy”).” 10-K for 2025
acquisitionMarch 2024—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2017-12-31$0—
2018-12-31$4 million—
2019-12-31$0—
2020-12-31$0—
2021-12-31$1.59 billion$760.1 million
2022-12-31—$0

Deal filings since 2016

Read from New Fortress 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 2026-04-13. 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.