New fortress energy completes sale of stake in energos infrastructure

New york--(business wire)--new fortress energy inc. (nasdaq: nfe) (the “company”) announced that it has completed the sale of its 20% equity interest in energos infrastructure (“energos”) to funds managed by apollo (nyse: apo) (the “apollo funds”). the company intends to use net proceeds from this transaction for general corporate purposes, including repaying debt and investing in accretive downstream projects. energos is a global maritime infrastructure company formed by nfe and apollo funds i.
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