Golar LNG Partners LP Series A Preferred Cash Distribution

Rhea-AI Summary

New Fortress Energy Inc. (NASDAQ: NFE) has announced a cash distribution of $0.546875 per unit for its 8.75% Series A Cumulative Redeemable Preferred Units. This distribution covers the period from February 15, 2022 to May 15, 2022 and will be paid on May 16, 2022. The record date for unitholders is May 9, 2022. New Fortress Energy focuses on addressing energy poverty and enhancing global energy security through its natural gas infrastructure and logistics assets.

Positive

• Declared cash distribution of $0.546875 per unit, highlighting financial health.
• Focus on addressing energy poverty and enhancing global energy security, positioning as a leader in the energy sector.

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 February 15, 2022 through May 15, 2022. This will be payable on May 16, 2022 to all Series A preferred unitholders of record as of May 9, 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/20220423005031/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 distribution amount announced by New Fortress Energy (NFE)?

New Fortress Energy (NFE) announced a cash distribution of $0.546875 per unit.

When will New Fortress Energy's distribution be paid?

The distribution will be paid on May 16, 2022.

What is the record date for the cash distribution from NFE?

The record date for the cash distribution is May 9, 2022.

What are the key periods covered by the cash distribution for NFE?

The cash distribution covers the period from February 15, 2022, to May 15, 2022.