Pennybacker Closes Acquisition of Miami LNG Business, Appoints Daniel McLaughlin President and Chief Commercial Officer to Lead Miami LNG
Pennybacker Capital Management has completed the acquisition of the Miami LNG business from New Fortress Energy (NFE). The facility features one liquefaction train producing up to 8,300 MMBtu per day of LNG, serving hospitality, industrial, transportation, aerospace, and marine bunkering sectors in Florida and the Caribbean. The business offers 15-40% cost advantages over traditional fuels.
Daniel McLaughlin has been appointed as President and Chief Commercial Officer to lead the Miami LNG business, bringing over 10 years of energy sector experience. The acquisition aims to support energy transition in underserved markets and expand LNG solutions across the Southeast and Caribbean regions.
Pennybacker Capital Management ha completato l'acquisizione del business LNG di Miami da New Fortress Energy (NFE). La struttura dispone di un treno di liquefazione che produce fino a 8.300 MMBtu al giorno di LNG, servendo i settori dell'ospitalità, industriale, dei trasporti, dell'aerospaziale e del rifornimento marittimo in Florida e nei Caraibi. L'azienda offre vantaggi sui costi del 15-40% rispetto ai combustibili tradizionali.
Daniel McLaughlin è stato nominato Presidente e Chief Commercial Officer per guidare il business LNG di Miami, portando con sé oltre 10 anni di esperienza nel settore energetico. L'acquisizione mira a sostenere la transizione energetica nei mercati underserved e ad ampliare le soluzioni LNG nelle regioni del Sud-est e dei Caraibi.
Pennybacker Capital Management ha completado la adquisición del negocio LNG de Miami de New Fortress Energy (NFE). La instalación cuenta con un tren de licuefacción que produce hasta 8,300 MMBtu por día de LNG, sirviendo a los sectores de hospitalidad, industrial, transporte, aeroespacial y abastecimiento marítimo en Florida y el Caribe. El negocio ofrece ventajas de costos del 15-40% en comparación con los combustibles tradicionales.
Daniel McLaughlin ha sido nombrado Presidente y Director Comercial para liderar el negocio de LNG en Miami, aportando más de 10 años de experiencia en el sector energético. La adquisición tiene como objetivo apoyar la transición energética en mercados desatendidos y expandir soluciones de LNG en las regiones del sureste y el Caribe.
Pennybacker Capital Management는 New Fortress Energy (NFE)로부터 마이애미 LNG 사업을 인수했습니다. 이 시설은 하루 최대 8,300 MMBtu의 LNG를 생산하는 액화 기차를 갖추고 있으며, 플로리다와 카리브해의 호텔, 산업, 운송, 항공 우주 및 해양 벙커링 부문에 서비스를 제공합니다. 이 사업은 기존 연료에 비해 15-40%의 원가 절감 효과를 제공합니다.
Daniel McLaughlin은 마이애미 LNG 사업을 이끌기 위해 사장 겸 최고 상업 책임자로 임명되었으며, 에너지 분야에서 10년 이상의 경험을 보유하고 있습니다. 이번 인수는 소외된 시장에서 에너지 전환을 지원하고 남동부 및 카리브해 지역의 LNG 솔루션을 확대하는 것을 목표로 하고 있습니다.
Pennybacker Capital Management a achevé l'acquisition de l'entreprise LNG de Miami auprès de New Fortress Energy (NFE). L'installation comprend une ligne de liquéfaction produisant jusqu'à 8 300 MMBtu par jour de LNG, desservant les secteurs de l'hôtellerie, de l'industrie, des transports, de l'aérospatiale et du ravitaillement maritime en Floride et dans les Caraïbes. L'entreprise offre des avantages de coût de 15 à 40% par rapport aux combustibles traditionnels.
Daniel McLaughlin a été nommé Président et Directeur Commercial pour diriger l'entreprise LNG de Miami, apportant plus de 10 ans d'expérience dans le secteur de l'énergie. L'acquisition vise à soutenir la transition énergétique dans les marchés sous-desservis et à élargir les solutions LNG dans les régions du Sud-Est et des Caraïbes.
Pennybacker Capital Management hat den Erwerb des LNG-Geschäfts in Miami von New Fortress Energy (NFE) abgeschlossen. Die Anlage verfügt über eine Verflüssigungsstraße, die bis zu 8.300 MMBtu pro Tag LNG produziert und die Bereiche Gastgewerbe, Industrie, Verkehr, Luftfahrt und marine Bunkerung in Florida und der Karibik bedient. Das Geschäft bietet 15-40% Kostenvorteile gegenüber herkömmlichen Brennstoffen.
Daniel McLaughlin wurde zum Präsidenten und Geschäftsführer ernannt, um das LNG-Geschäft in Miami zu leiten und bringt über 10 Jahre Erfahrung im Energiesektor mit. Die Übernahme zielt darauf ab, den Übergang zur Energie in unterversorgten Märkten zu unterstützen und LNG-Lösungen in den Regionen Südost und Karibik auszubauen.
- Facility produces 8,300 MMBtu per day of LNG
- Offers 15-40% cost advantage over traditional fuels
- Strategic location serving multiple sectors across Florida and Caribbean
- Optimized for truck and rail logistics enabling efficient distribution
- None.
Insights
The sale of NFE's Miami LNG business to Pennybacker represents a strategic divestment that will impact NFE's operational footprint and revenue stream. The facility's 8,300 MMBtu per day production capacity, while relatively small-scale, has been serving key sectors including hospitality, industrial and marine customers. The
This divestment aligns with NFE's broader strategy of optimizing its asset portfolio. The company can now redirect capital and focus on larger-scale LNG projects while maintaining presence in other strategic markets. For investors, this move suggests a shift toward larger, potentially more profitable ventures, though it may temporarily impact near-term revenues from the Florida market.
The Miami LNG business is a strategically located small-scale liquefaction operation, equipped with one liquefaction train that produces up to approximately 8,300 MMBtu per day of LNG, optimized for truck and rail logistics to enable efficient and flexible distribution for its customers. The Miami LNG business serves the hospitality, industrial, transportation, aerospace, and marine bunkering sectors principally in
In connection with the acquisition, Pennybacker has appointed Daniel McLaughlin as President and Chief Commercial Officer to lead the Miami LNG business. McLaughlin has more than 10 years of experience in the energy sector.
"The Miami LNG business is critical for supporting the energy transition in underserved markets. I am honored to be leading this business, which is poised for significant growth with the support of Pennybacker as a capital and strategic partner," McLaughlin said. "The Miami LNG business is uniquely positioned to deliver innovative energy solutions to our customers across the Southeast and the
Sam Warfield, Managing Director and Head of Critical Infrastructure at Pennybacker, added: "Through our ownership, and working with Daniel and his team, we look forward to serving existing
About Pennybacker Capital Management, LLC
Pennybacker Capital Management, LLC (Pennybacker) is a real assets investment manager based in
Contact for Pennybacker
investorrelations@pennybackercap.com
Contact for Miami LNG
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SOURCE Pennybacker Capital Management, LLC
FAQ
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