New Fortress Energy

New Fortress Energy is a New York-based utility company that generates and distributes liquefied natural gas for residential and commercial sectors. Read more

7 Followers on Owler
7 Followers on Owler
7 Followers on Owler
7 Followers on Owler

New Fortress Energy

New Fortress Energy is a New York-based utility company that generates and distributes liquefied natural gas for residential and commercial sectors. Read more

Wesley R. Edens's photo - Chairman & CEO of New Fortress Energy

Chairman & CEO

Wesley R. Edens

CEO Approval Rating

65/100

Founded:

2014

Status:

PublicAcquisition Pending from Golar LNG Partners LPNASDAQNFE

NEW FORTRESS ENERGY TOP COMPETITORS OR ALTERNATIVES

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Cameron LNG is seen as one of New Fortress Energy's biggest rivals. Cameron LNG was founded in 2005 in Houston, Texas. Like New Fortress Energy, Cameron LNG also operates in the Oil & Gas Exploration, Production, Sales sector. Cameron LNG generates $372.8M less revenue than New Fortress Energy.

Tellurian is one of New Fortress Energy's top competitors. Tellurian was founded in 2016, and its headquarters is in Houston, Texas. Like New Fortress Energy, Tellurian also operates in the Oil & Gas Exploration, Production, Sales space. Tellurian has 38 fewer employees than New Fortress Energy.

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New Fortress Energy Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$522.8M

New Fortress Energy's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 4.2B. Over the last four quarters, New Fortress Energy's revenue has grown by 54.1%. Specifically, in Q1 2021's revenue was $145.7M; in Q4 2020, it was $145.7M; in Q3 2020, it was $136.9M; in Q2 2020, New Fortress Energy's revenue was $94.6M.

New Fortress Energy Acquisitions

No recent acquisitions found related to New Fortress Energy

New Fortress Energy Funding History

Since New Fortress Energy was founded in 2014, it has participated in 4 rounds of funding. In total New Fortress Energy has raised $2.5B. New Fortress Energy's last funding round was on Mar 2021 for a total of $1.5B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Mar 2021
$1.5B
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Debt
Aug 2020
$200M
-
Debt
Jan 2020
$800M
IPO
Jan 2019
--

Since New Fortress Energy was founded in 2014, it has participated in 4 rounds of funding. In total New Fortress Energy has raised $2.5B. New Fortress Energy's last funding round was on Mar 2021 for a total of $1.5B

New Fortress Energy Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

H2Pro develops an E-TAC water-splitting system that produces hydrogen fuel for the automotive sector.
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Oct 25, 2020
Corporate Round
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New Fortress Energy News

April 17, 2021Bunker Ports News

New Fortress Energy Signs 15 Year Contract To Supply Natural Gas To Norsk Hydro's Brazil Refinery

Energy infrastructure company New Fortress Energy has signed a Memorandum of Understanding (MOU) to s... See more »
April 16, 2021Bunker Ports News

New Fortress Energy Completes Acquisition of Golar LNG Partners LP

Golar LNG Partners LP (Nasdaq: GMLP) ("GMLP") today announces the completion of its sale to New Fortr... See more »
April 16, 2021LNG World News

NFE to supply Norsk Hydro's Brazil plant with LNG

Norsk Hydro has signed a memorandum of understanding (MoU) with New Fortress Energy (NFE) to secure a... See more »
April 16, 2021MarketScreener

Investor Update April 16, 2021 Presentation

(marketscreener.com) April 2021 Investor Update Investor Update Call For today's call, please referen... See more »
April 15, 2021Gulf Oil and Gas

New Fortress to Supply Natural Gas to Norsk

New Fortress Energy Inc. has signed a Memorandum of Understanding ("MOU") with a subsidiary of Norsk ... See more »
April 5, 2021LNG Industry

NFE to supply natural gas to CFE power plants

New Fortress Energy signs contract to supply natural gas to CFE power plants in Baja California Sur.... See more »
March 30, 2021Power Engineering

New Fortress LNG terminal supplying gas-fired power in Mexico

Natural gas infrastructure firm New Fortress Energy will supply fuel to two gas-fired plants in Mexic... See more »

New Fortress Energy Press Releases

October 1, 2020Business Wire

New Fortress Energy Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") plans to announce it... See more »
October 28, 2019Business Wire

New Fortress Energy LLC Schedules Third Quarter 2019 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ:NFE) (the "Company") plans to announce its... See more »
May 15, 2019Business Wire

New Fortress Energy Announces First Quarter 2019 Results

NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ: NFE) ("New Fortress Energy" or the "Compa... See more »
March 15, 2019Business Wire

New Fortress Energy Schedules Business Update Conference Call

NEW YORK--(BUSINESS WIRE)--New Fortress Energy LLC (NASDAQ:NFE) ("New Fortress Energy") announced tod... See more »
January 14, 2019StreetInsider

New Fortress Energy LLC Announces Launch of Initial Public Offering

New Fortress Energy LLC (NASDAQ: NFE) (“New Fortress” or the “Company”) announced today an initial pu... See more »

New Fortress Energy Videos

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New Fortress Energy Headquarters

111 W. 19th Street 8th Floor

New York, New York10011

1-516-268-7400

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New Fortress Energy Summary

ABOUT

Overview

New Fortress Energy is a New York-based utility company that generates and distributes liquefied natural gas for residential and commercial sectors. New Fortress Energy was founded in 2014. New Fortress Energy's headquarters is located in New York, Ne...

CEO

New Fortress Energy's Chairman & CEO, Wesley R. Edens, currently has an approval rating of 65%. New Fortress Energy's primary competitors are Cameron LNG, Tellurian & Stabilis Energy.

Website

newfortressenergy.com

Frequently Asked Questions about New Fortress Energy

  1. When was New Fortress Energy founded?

    New Fortress Energy was founded in 2014
  2. Who is New Fortress Energy's CEO?

    New Fortress Energy's CEO is Wesley R. Edens
  3. How much revenue does New Fortress Energy generate?

    New Fortress Energy generates $522.8M in revenue
  4. How much funding does New Fortress Energy have?

    New Fortress Energy has historically raised $2.5B in funding
  5. Where is New Fortress Energy's headquarters?

    New Fortress Energy's headquarters is in New York New York, USA
  1. How many employees does New Fortress Energy have?

    New Fortress Energy has 140 employees
  2. What sector does New Fortress Energy operate in?

    New Fortress Energy is in Oil & Gas Exploration, Production, Sales
  3. Who are New Fortress Energy's competitors?

    New Fortress Energy's top competitors are Cameron LNG, Tellurian, Stabilis Energy
  4. Who has New Fortress Energy invested in?

    New Fortress Energy's has invested in companies such as H2Pro