---
schema_version: "secwatch.filing_event.v1"
accession: "0001749723-25-000073"
form_type: "8-K"
ticker: "NFE"
cik: "0001749723"
company_name: "New Fortress Energy Inc."
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:39:05.988550+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NFE closes $1.055B sale of Jamaica LNG business to Excelerate Energy; repays $279M debt

## Summary
- Closed sale of Jamaica assets (Montego Bay terminal, Old Harbour FSRU, 150 MW CHP plant) for $1.055B cash on May 14, 2025.
- Proceeds used to repay $224.1M South Power Bonds and $55.0M Term Loan A; net cash increased ~$677M.
- Pro forma shows removal of Jamaica operations: revenue down ~$94M in Q1 2025, $358M in FY2024.
- Recognized pre-tax gain on sale of $488.3M in pro forma 2024; non-recurring transaction costs of $45.2M estimated.
- Amended RCF waives 75% asset-sale debt prepayment requirement; $270M applied to extended tranche due Sept 2025.

## SEC filing metadata
- accession: 0001749723-25-000073
- form_type: 8-K
- ticker: NFE
- cik: 0001749723
- company_name: New Fortress Energy Inc.
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1749723/000174972325000073/0001749723-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1749723/000174972325000073/nfe-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001749723-25-000073
- JSON: https://secwatch.observer/filing/0001749723-25-000073.json
- Plain text: https://secwatch.observer/filing/0001749723-25-000073.txt

## Key facts
- M&A Transactions
  New Fortress Energy Inc. completed a disposition involving Excelerate Energy Limited Partnership (EELP) for $1.055 billion in cash (closed 2025-05-14).
  - Action: disposition
  - Counterparty: Excelerate Energy Limited Partnership (EELP)
  - Consideration: $1.055 billion in cash
  - Closing: 2025-05-14
  source text: successfully closed the previously announced acquisition by Excelerate Energy Limited Partnership (“EELP”), a subsidiary of Excelerate Energy, Inc., in which, pursuant to the equity and asset purchase agreement dated March 26, 2025 (the “Purchase Agreement”), by and among EELP and the NFE Parties, EELP agreed to acquire the NFE Parties’ business in Jamaica for a purchase price of $1.055 billion in cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1749723/000174972325000073/0001749723-25-000073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.