NFE sells stake in FSRU provider Energos but sticks with vessel charters

Feb. 15, 2024
New Fortress Energy (NFE) has sold its 20% equity interest in Energos Infrastructure to funds managed by Apollo.

Offshore staff

NEW YORKNew Fortress Energy has sold its 20% equity interest in Energos Infrastructure to funds managed by Apollo.

NFE and Apollo Funds established Energos in August 2022 to provide LNG delivery, storage and regasification services to utilities and energy companies under long-term charters.

Energos’s fleet of 13 vessels includes nine FSRUs and two FSUs.

At present, NFE charters six vessels from Energos and plans to maintain the relationship to support the company’s global operations through vessel charters of up to 20 years.

These charters have either started or will take effect on the expiry of each vessel’s existing third-party charter agreement.

02.15.2024