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Announced

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NFE and Apollo formed a $2bn joint venture.

Synopsis

NFE, an integrated gas-to-power company, and Apollo, an asset management company, formed a $2bn joint venture, create a global marine infrastructure platform underpinned by long-term contracts. “Together with Apollo, we are creating a leading LNG marine infrastructure platform to help accelerate the energy transition while freeing up capital to continue to invest into our Fast LNG and downstream LNG projects worldwide. We are pleased to be partnering with Apollo in creating a maritime infrastructure company that will help support NFE’s growing LNG infrastructure needs going forward,” Wes Edens, New Fortress Energy Chairman and CEO.

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