4 articles
U.S. liquefied natural gas firm New Fortress Energy completed its restructuring plan, reducing debt from $5.7 billion to $700 million by separating its Brazilian operations. The company now holds a st
New Fortress Energy secured UK court approval for a restructuring plan to reorganize debt amid liquidity issues from failed long-term LNG supply contracts in Latin America. Implementation is expected
New Fortress Energy seeks London court approval for a $6.5 billion debt restructuring plan converting most debt into equity. The LNG operator plans to split assets between Brazil and other regions whi
New Fortress Energy received a Nasdaq deficiency notice due to its share price falling below $1 amid severe liquidity and debt issues. The LNG developer has 180 days to regain compliance or face delis
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