Wesley R. Edens Purchases $110M NFE Debt, Positioned for Future Equity via Restructuring

2026-04-02SEC Filing SCHEDULE 13D/A (0001628280-26-023360)

On March 31, 2026, Wesley R. Edens, CEO of New Fortress Energy Inc. (NFE), entered into an Assignment and Assumption Agreement to purchase approximately $110 million in aggregate principal amount of loans under the company's Term Loan A Credit Agreement. This transaction, funded with personal funds, represents a 37.14% interest in the specific loan facility. Following the closing of transactions contemplated by a Restructuring Support Agreement (disclosed on March 17, 2026), Mr. Edens is expected to receive a pro rata portion of consideration as a lender. This consideration is anticipated to include an indeterminate number of Class A shares and convertible preferred stock. As of this filing, Mr. Edens beneficially owns 53,634,666 shares of Class A common stock, representing 18.8% of the class. The shares are held through WRE 2012 GST Exempt Trust LLC and Edens Family Partners LLC. This Amendment No. 7 serves to update the reporting person's position and potential future equity acquisition resulting from the debt restructuring.

Ticker mentioned:NFEInstitution mentioned:EDENS WESLEY R
Related industry:Utilities - Regulated Gas