New fortress energy announces transformative transactions in puerto rico

New york--(business wire)--new fortress energy inc. (nasdaq: nfe) (the “company”) is pleased to announce two transactions that further solidify our commitment to providing affordable and sustainable energy solutions in puerto rico. the company sold the emergency power plants it constructed on behalf of the u.s. army corps of engineers in san juan and palo seco to prepa for $373 million in cash, subject to certain items and conditions. these plants were developed by the company in 2023 in rapid.
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