New fortress energy extends islandwide gas supply contract in puerto rico

New york--(business wire)--new fortress energy inc. (nasdaq: nfe) (“nfe”) today announced a one-year extension of its 80 tbtu islandwide gas supply contract with the puerto rico electric power authority ("prepa"). additionally, the 10-year operation and maintenance agreement between genera, nfe's subsidiary, and prepa will be modified to eliminate future incentive payments in exchange for a $110 million payment. nfe worked closely with puerto rico governor jenniffer gonzalez-colon, the puerto r.
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