New fortress energy to acquire power purchase agreements and build lng-to-power project at the suape port in brazil

New york--(business wire)--new fortress energy inc. (nasdaq: nfe) (“nfe”) today announced that it has signed a memorandum of understanding (“mou”) with petrobras distribuidora s.a. (“br”) and ccetc brasil holding ltda. (“ccetc”) to acquire 288mw of 15-year power purchase agreements (“ppas”) and intends to develop an lng terminal and gas-fired power plant at the suape port in brazil. “the suape port provides an ideal location for nfe to bring clean and affordable energy to a rapidly growing regi
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