Sagicor group jamaica finances sale and leaseback of new fortress energy's clarendon power plant

Kingston, jamaica--(business wire)--sagicor group jamaica has announced that it will be structuring a us$285 million sale and leaseback of the combined heat and power plant in clarendon owned by new fortress energy inc. (nasdaq: nfe) (“nfe”). the transaction will be the largest corporate financing in jamaica's history. as anchor investors in the transaction, sagicor group jamaica entities will invest us$100 million in the transaction. sagicor investments jamaica will act as the lead arranger fo
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