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This marks a serious setback for New Fortress Energy Inc. (NASDAQ:NFE), since the multi-billion-dollar contract was viewed as ...
The decision came after New Fortress reportedly refused to consider amendments to the contract and failed to meet a crucial ...
New Fortress Energy (NASDAQ:NFE) -7.8% in Wednesday's trading after Bloomberg reported that Puerto Rico has ended attempts to ...
Puerto Rico is ending talks to negotiate a $20 billion liquefied natural gas contract with New Fortress Energy , Bloomberg News reported on Wednesday, citing a negotiator.
Puerto Rico is ending attempts to negotiate a multi-billion dollar liquefied natural gas contract with New Fortress Energy Inc. after the company refused to accept the terms of an amended deal, one of ...
Puerto Rico has temporarily shut down 10 of the 14 power plants it used to meet peak demand at the height of summer after New Fortress Energy withheld its latest shipment of liquified natural gas (LNG ...
New Fortress Energy is no longer discussing terms for a potential energy deal with Puerto Rico. The deal was said to be worth ...
Approving the contract would 'lock the island into a long-term commitment with a single supplier, potentially undermining market competition and limiting flexibility'.
The official in charge of addressing Puerto Rico’s power crisis is pushing to move forward with New Fortress Energy Inc.’s proposed $20 billion contract to supply the island with natural gas ...
Puerto Rico's finance regulator has halted New Fortress Energy's $20 billion natural gas supply deal over monopoly concerns, Bloomberg News reported on Thursday, citing a letter to the island's ...
Puerto Rico’s finance watchdog is refusing to OK a $20 billion natural gas supply deal that it said would give New Fortress Energy Inc. a near monopoly over the island’s energy future.
New Fortress Energy (NASDAQ: NFE) -8.1% in Thursday's trading after Puerto Rico's finance regulator rejected the company's $20B natural gas supply deal over monopoly concerns, Bloomberg reported ...