NEW YORK–(BUSINESS WIRE)–New Fortress Energy Inc. (NASDAQ: NFE) (“NFE”) today announced a one-year extension of its 80 TBtu islandwide gas supply contract with the Puerto Rico Electric Power Authority (“PREPA”). Additionally, the 10-year Operation and Maintenance Agreement between Genera, NFE’s subsidiary, and PREPA will be modified to eliminate future incentive payments in exchange for a $110 million payment. NFE worked closely with Puerto Rico Governor Jenniffer Gonzalez-Colon, the Puerto R
New Fortress Energy Extends Islandwide Gas Supply Contract in Puerto Rico
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