New fortress energy closes financings to fully fund 630 mw barcarena power plant; barcarena lng import terminal to commence operations at year end 2023

New york--(business wire)--new fortress energy inc. (nasdaq: nfe) announced that it has executed definitive agreements with the brazilian development bank, banco nacional de desenvolvimento econÔmico e social (“bndes”), and funds managed by lumina capital management (“lumina”) and btg asset management (“btg”) to fund up to $575 million in asset-based financing. these financings will be used to complete construction of our 630 mw barcarena power plant, which is approximately 37% completed pursua.
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