New Fortress Energy Inc
Company Overview
New Fortress Energy Inc. is a global energy infrastructure company founded in 2014. The company focuses on delivering cleaner and reliable energy to emerging markets through its liquefied natural gas (LNG) terminals, power plants, and downstream distribution operations. NFE operates an integrated gas-to-power business model that includes LNG procurement, liquefaction, shipping, terminals, and power generation facilities.
The company's operations span multiple continents with significant presence in the Caribbean, Central America, and other emerging markets. Their business model involves developing, building, and operating energy infrastructure assets, including LNG terminals, natural gas-fired power plants, and small-scale LNG distribution facilities.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $567.53m | $559.11m | - | $71.11m | 0.00% | 12.72% |
| June 30, 2024 | $428.01m | $464.08m | - | $80.4m | 0.00% | 17.32% |
| March 31, 2024 | $690.32m | $592.91m | - | $87.1m | 0.00% | 14.69% |
Company Impact
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