New Fortress Energy Sells Stake in Hilli for Cash and Return of Remaining NFE Shares Held by Golar

Author's Avatar
Feb 06, 2023

New Fortress Energy Inc. (“NFE” or the “Company”) (NASDAQ: NFE) announced that it has reached an agreement with Golar LNG Limited (“Golar”) (Nasdaq: GLNG) for the sale of NFE’s ownership stake in the Hilli in exchange for the return of 4.1 million NFE shares and $100 million in cash.