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Golar LNG Partners LP Series A Preferred Cash Distribution
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
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Rhea-AI Summary
New Fortress Energy (NASDAQ: NFE) announces a cash distribution of $0.546875 per unit for its 8.75% Series A Cumulative Redeemable Preferred Units for the period from November 13, 2021 to February 14, 2022. This distribution will be paid on February 15, 2022 to unitholders on record as of February 8, 2022. New Fortress Energy is focused on accelerating the transition to clean energy by funding, building, and operating natural gas infrastructure.
Positive
Declaration of cash distribution of $0.546875 per unit for Series A preferred units.
Clear schedule for payment and record-keeping 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 November 13, 2021 through February 14, 2022. This will be payable on February 15, 2022 to all Series A preferred unitholders of record as of February 8, 2022.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.