New Fortress Energy Inc. Completes Turbine Sale-Leaseback Transaction

New Fortress Energy Inc. (NFE) announced that its subsidiary, NFE Power PR LLC, has entered into an Asset Purchase Agreement with Macquarie Energy LLC for a sale and leaseback transaction involving certain turbines. The transaction, valued at $265,882,500.00, was completed on April 1, 2026. NFE Turbines LLC, another subsidiary, will lease the equipment from Macquarie for a 10-year term, expected to commence on July 1, 2026. The net proceeds from this transaction will be used by NFE to repay existing indebtedness. The company also provided a parent guarantee for the lease obligations and guaranteed the seller's obligations under the purchase agreement.