The
“We look forward to working with the Miami LNG Team to continue serving its existing customers, as well as growing the platform to provide cost effective and sustainable LNG solutions to new
“This transaction exemplifies Pennybacker’s unparalleled ability to identify and execute on investment opportunities through both the strength and relationships of our investment team and use of data analytics throughout the underwriting process, resulting in significant value creation for our investors throughout the lifecycle of the investment,” said Tim Berry, Founder, CEO, and Co-CIO of Pennybacker.
About New Fortress Energy Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help 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, NFE’s assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world. For more information, visit https://www.newfortressenergy.com/
About Pennybacker
Pennybacker Capital Management, LLC is a real assets investment manager based in
Media Contacts
investorrelations@pennybackercap.com
View original content:https://www.prnewswire.com/news-releases/pennybacker-furthers-infrastructure-investments-with-acquisition-of-miami-lng-302192087.html
SOURCE Pennybacker Capital Management, LLC