New Fortress Energy Receives Approval for Milestone Agreement for Long-Term Gas Supply with Puerto Rican Government

Core Insights - New Fortress Energy Inc. has received final approval for a 7-year Gas Supply Agreement with the Puerto Rican government, securing the delivery of approximately 75 TBtu of natural gas to support energy transformation initiatives on the island [1][2][10] Group 1: Agreement Details - The Gas Supply Agreement aims to provide reliable, lower-emission natural gas to enhance grid stability and support cleaner power generation across Puerto Rico's energy system [2][10] - This long-term partnership reflects a commitment to improving energy resilience in the region, building on New Fortress Energy's established presence in Puerto Rico [2][3] Group 2: Company Overview - New Fortress Energy Inc. is a global energy infrastructure company focused on addressing energy poverty and accelerating the transition to reliable, affordable, and clean energy [3] - The company owns and operates natural gas and liquefied natural gas (LNG) infrastructure, along with an integrated fleet of ships and logistics assets to deliver energy solutions to global markets [3]