Golar LNG Partners LP Series A Preferred Cash Distribution

Rhea-AI Summary

New Fortress Energy Inc. (NASDAQ: NFE) 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, 2023 to May 14, 2023, and will be payable on May 15, 2023 to all preferred unitholders recorded as of May 8, 2023. New Fortress Energy is focused on addressing energy poverty globally by providing reliable, affordable, and clean energy solutions through its extensive natural gas and LNG infrastructure, alongside a fleet of ships and logistic assets. These efforts aim to bolster global energy security and foster economic growth.

Positive

• Cash distribution of $0.546875 per unit demonstrates ongoing returns to investors.
• Continued focus on global energy security and clean energy infrastructure.

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, 2023 through May 14, 2023. This will be payable on May 15, 2023 to all Series A preferred unitholders of record as of May 8, 2023.

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/20230425006154/en/

Investors

Patrick Hughes

ir@newfortressenergy.com



Media

Jake Suski

+1 (516) 268-7403

press@newfortressenergy.com

Source: New Fortress Energy Inc.

FAQ

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

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

When is the cash distribution for NFE's preferred units payable?

The cash distribution will be payable on May 15, 2023.

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

The cash distribution covers the period from February 15, 2023, through May 14, 2023.

Who is eligible to receive the cash distribution on NFE's preferred units?

All Series A preferred unitholders of record as of May 8, 2023, are eligible to receive the cash distribution.