New Fortress (NFE) Advances Construction of Second FLNG Unit
NFENew Fortress Energy(NFE) ZACKS·2024-07-26 20:35

New Fortress Energy Inc. (NFE) , a U.S.-based energy infrastructure company, has announced the closing of its $700-million loan, which will be used for the construction of its second floating liquefied natural gas (FLNG) unit, FLNG 2.The company has successfully started liquefied natural gas (LNG) production at its first FLNG unit (FLNG 1). FLNG 1 is expected to deliver its first cargo in August 2024, and then enter full production.NFE will proceed with the construction of FLNG 2 in collaboration with Comis ...