New Fortress Energy (NFE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, April 24, 2024--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, 2024, through May 14, 2024. This will be payable on May 15, 2024, to all Series A preferred unitholders of record as of May 8, 2024.
New Fortress (NFE) states that the power plant will provide firm power capacity under the 15-year capacity reserve contract, obtained from Denham Capital and CEIBA Energy.