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Excelerate Energy nears $1 billion deal for New Fortress' Jamaica unit, sources say

By Yahoo! Finance   |   1 month ago
Excelerate Energy nears $1 billion deal for New Fortress' Jamaica unit, sources say

Excelerate Energy is close to acquiring New Fortress Energy's Jamaica business for $1.1 billion, aiming to expand its LNG infrastructure globally. New Fortress plans to address financial challenges with asset sales.

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