4.0
New Fortress Energy Inc. is a United States–based company operating in the energy sector, within the natural gas, LNG infrastructure and integrated power generation industry.
The company specializes in developing, producing, transporting, liquefying, regasifying and distributing liquefied natural gas (LNG), as well as constructing and operating natural-gas–fired power plants.
Founded in 2014 by Wesley Edens, New Fortress Energy emerged during a global shift toward cleaner and more efficient energy sources, aiming to provide affordable natural gas to underserved and emerging markets lacking established infrastructure.
The company’s portfolio includes LNG import and regasification terminals, floating storage and regasification units (FSRUs), storage facilities, distribution networks, power-generation facilities, LNG carriers and long-term supply contracts for industrial, commercial and governmental customers.
New Fortress Energy operates across the full LNG value chain—liquefaction, maritime transport, regasification and power generation—using an integrated hub model that connects fuel supply directly to electricity production.
The company maintains global operations across the United States, the Caribbean, Central America, South America and select regions of Europe and Asia. Its facilities include LNG terminals in Jamaica, Puerto Rico, Mexico, Nicaragua and Brazil, alongside liquefaction projects in the U.S.
Its operational structure involves engineering, infrastructure development, LNG logistics, fleet management, energy marketing and operation of power-generation assets.
Market factors influencing its business include global gas-price volatility, growing demand for cleaner energy, energy-transition policies, regulatory requirements, vessel availability, infrastructure financing conditions and competition from other energy sources.
New Fortress Energy emphasizes vertical integration to optimize costs and expand its customer base across industrial and governmental sectors.
New Fortress Energy Inc.’s shares trade on the Nasdaq under the ticker NFE.
History and when New Fortress Energy Inc. was founded
New Fortress Energy was founded in 2014 by Wesley Edens with the goal of creating an integrated energy platform capable of delivering LNG to regions with limited access to natural gas.
The company’s first major development was in Jamaica, where it built an LNG terminal that restructured the country’s energy supply through cost reduction and emissions improvements. This project demonstrated the viability of the company’s business model and supported rapid expansion into new markets.
During its early years, the company invested heavily in LNG infrastructure, long-term supply contracts and dedicated logistics capabilities, including maritime assets.
In 2019, New Fortress Energy completed its initial public offering (IPO) on the Nasdaq, raising capital to accelerate construction of terminals, strengthen supply chains and expand internationally.
Subsequently, the company launched liquefaction projects in the United States to secure its own natural-gas supply and increase autonomy within the LNG value chain.
It also expanded into power generation by integrating LNG import terminals with natural-gas–fired power plants in emerging markets, creating comprehensive regional energy solutions.
Throughout the 2020s, New Fortress Energy pursued additional growth opportunities in lower-carbon technologies, exploring hydrogen production, carbon-capture initiatives and higher-efficiency energy systems.
The company expanded its presence across Latin America and established new partnerships for gas distribution and terminal operations. Between 2020 and 2024, the company navigated market volatility, particularly in global LNG pricing and maritime transport costs.
Despite these challenges, New Fortress completed new terminal phases, secured long-term contracts and advanced modular liquefaction projects in the U.S., reinforcing its position as a leading integrated LNG and energy-infrastructure company serving emerging global markets.
Additional Information
The Company New Fortress Energy Inc. (United States), is listed on Nasdaq with a market value of $ 331.58 Millions, having an equity of $ 1.12 Billion.
With a total of 671 employees, the company is listed in the sector of Energy and categorized in industry of Oil, Gas and Consumable Fuels.
In the last 12 months the Company had a revenue of $ 1.78 Billion, which generated a loss in the amount of $ -1.29 Billion.
As for its main indicators, the Company has a P/E ratio of -0.26, a P/BV ratio of 0.29 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker NFE.
