Golar LNG Partners LP Series A Preferred Cash Distribution

Rhea-AI Summary

New Fortress Energy (NASDAQ: NFE) has declared a cash distribution of $0.546875 per unit of its 8.75% Series A Cumulative Redeemable Preferred Units for the period from May 16, 2022 to August 14, 2022. The payment will be made on August 15, 2022 to unitholders of record as of August 8, 2022. This distribution reflects the company's commitment to providing returns to its preferred unitholders while it continues to address energy needs globally.

Positive

• Declared a cash distribution of $0.546875 per unit, demonstrating financial stability.
• Timely payout enhances investor confidence.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Golar LNG Partners LP, an indirect subsidiary of New Fortress Energy Inc. (NASDAQ: NFE), has declared a cash distribution of $0.546875 per unit of 8.75% Series A Cumulative Redeemable Preferred Units for the period from May 16, 2022 through August 14, 2022. This will be payable on August 15, 2022 to all Series A preferred unitholders of record as of August 8, 2022.

About New Fortress Energy Inc.

New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy. The company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the company’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220725005902/en/

IR:

Brett Magill

IR@newfortressenergy.com

Media:

Jake Suski

(516) 268-7403

press@newfortressenergy.com

Source: New Fortress Energy Inc.

FAQ

What is the cash distribution declared by New Fortress Energy (NFE)?

New Fortress Energy has declared a cash distribution of $0.546875 per unit of its 8.75% Series A Cumulative Redeemable Preferred Units.

When will the cash distribution be paid to unitholders of NFE?

The cash distribution will be payable on August 15, 2022, to unitholders of record as of August 8, 2022.

What is the period covered by the cash distribution for NFE's preferred units?

The cash distribution covers the period from May 16, 2022, to August 14, 2022.