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New Fortress sells 11 vessels to $2bn LNG joint venture with Apollo

US-based New Fortress Energy has formed a new liquefied natural gas (LNG) joint venture with private equity firm Apollo and sold 11 of its owned vessels to a newly formed JV in a deal worth around $2bn.  The Nasdaq-listed New Fortress, led by billionaire Wes Edens, will receive $1.1bn in proceeds from the sale of …

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US-based New Fortress Energy has formed a new liquefied natural gas (LNG) joint venture with private equity firm Apollo and sold 11 of its owned vessels to a newly formed JV in a deal worth around $2bn.  The Nasdaq-listed New Fortress, led by billionaire Wes Edens, will receive $1.1bn in proceeds from the sale of …

[post_title] => New Fortress sells 11 vessels to $2bn LNG joint venture with Apollo [post_excerpt] => US-based New Fortress Energy has formed a new liquefied natural gas (LNG) joint venture with private equity firm Apollo and sold 11 of its owned vessels to a newly formed JV in a deal worth around $2bn.  The Nasdaq-listed New Fortress, led by bill... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => new-fortress-sells-11-vessels-to-2bn-lng-joint-venture-with-apollo [to_ping] => [pinged] => [post_modified] => 2022-07-06 04:30:00 [post_modified_gmt] => 2022-07-06 04:30:00 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=169090 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )