OverviewSuggest Edit

New Fortress Energy is a global leader in the energy infrastructure business. It finances and delivers fast-track solutions that provide reliable power and benefit the environment.

TypePublic
Founded2014
HQNew York, NY, US
Websitenewfortressenergy.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Dec 2018)140
Job Openings33
Revenue (FY, 2018)$112.3 M(+16%)
Share Price (Jan 2022)$22.9(-5%)
Cybersecurity ratingAMore
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Key People/Management at New Fortress Energy

Wes Edens

Wes Edens

Founder and CEO

New Fortress Energy Office Locations

New Fortress Energy has offices in New York, Miami, Listowel, Kingston and in 2 other locations
New York, NY, US (HQ)
111 W 19th St 8th Floor
Miami, FL, US
700 NW 1st Ave
Listowel, IE
Rear, Market St
Kingston, JM
14a, 10 Hope Rd
Ciudad de México, MX
Bosque de Chapultepec, Miguel Hidalgo
San Juan, PR
954 Av. Juan Ponce de León #406
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New Fortress Energy Financials and Metrics

New Fortress Energy Revenue

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New Fortress Energy's revenue was reported to be $112.3 m in FY, 2018 which is a 15.5% increase from the previous period.
USD

Revenue (FY, 2018)

112.3m

Revenue growth (FY, 2017 - FY, 2018), %

15.5%

Gross profit (FY, 2018)

16.6m

Gross profit margin (FY, 2018), %

14.7%

Net income (FY, 2018)

(78.2m)

EBIT (FY, 2018)

75.0m

Market capitalization (18-Jan-2022)

5.0b

Closing stock price (18-Jan-2022)

22.9

Cash (31-Dec-2018)

78.3m

EV

5.2b
New Fortress Energy's current market capitalization is $5 b.
USDFY, 2016FY, 2017FY, 2018

Revenue

21.4m97.3m112.3m

Revenue growth, %

355%15%

Cost of goods sold

22.7m78.7m95.7m

Gross profit

(1.4m)18.6m16.6m
USDFY, 2017FY, 2018

Cash

84.7m78.3m

Accounts Receivable

19.4m28.5m

Prepaid Expenses

24.9m30.0m

Inventories

11.2m16.0m
USDFY, 2016FY, 2017FY, 2018

Net Income

(32.9m)(31.7m)(78.2m)

Depreciation and Amortization

2.4m3.2m4.0m

Inventories

(7.7m)(3.5m)(4.8m)

Accounts Payable

9.8m(110.0k)12.2m
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New Fortress Energy Acquisitions / Subsidiaries

Company NameDateDeal Size
Amaunet S. de R.L. de C.V.
American Energy Logistics Solutions LLC
American LNG Marketing LLC
American Natural Gas Holdings LLC
Atlantic Distribution Holdings SRL
Atlantic Energy Holdings Limited
Atlantic Energy Holdings LLC
Atlantic Power Holdings Limited
Atlantic Power Holdings SRL
Atlantic Terminal Holdings Limited
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New Fortress Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

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New Fortress Energy Online and Social Media Presence

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New Fortress Energy News and Updates

New Fortress Energy Completes Acquisition of Golar LNG Partners LP

April 15, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announces the completion of its sale to New Fortress Energy Inc. (“NFE”).

Chart Industries Receives $47 million LNG Liquefaction Order from New Fortress Energy

ATLANTA, March 16, 2021 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading diversified global manufacturer of highly engineered equipment for the industrial gas and energy industries, has received Notice to Proceed on the engineering work for New Fortress Energy’s (“NFE”)…

Golar LNG Partners LP Announces Filing of Its Proxy Statement Ahead of Special Meeting for Proposed Merger With New Fortress Energy

Golar LNG Partners LP (NASDAQ: GMLP) (“GMLP”) announces that it filed its proxy statement with the SEC on February 2, 2021, ahead of the special meeting of its unitholders scheduled to take place on February 24, 2021. At the special meeting, the holders of GMLP’s common units will vote on the previo…

Golar LNG Partners LP Announces Record Date and Meeting Date for Special Meeting for Proposed Merger With New Fortress Energy

Golar LNG Partners LP (NASDAQ: GMLP) (“GMLP”) announced today that it has established a record date of January 25, 2021 for a special meeting of its unitholders currently planned to take place on February 24, 2021. At the special meeting, the holders of GMLP’s common units will vote on the previousl…

New Fortress Energy to Acquire Golar LNG Partners LP

January 13, 2021 – Golar LNG Partners LP (Nasdaq: GMLP) (“GMLP”) today announced that it has entered into an agreement and plan of merger with New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”).

Golar LNG Limited and Stonepeak Infrastructure Partners to Sell 100% of Hygo Energy Transition Ltd. to New Fortress Energy

January 13, 2021 – Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan of merger to sell 100% of Hygo Energy Transit…
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New Fortress Energy Blogs

Celebrating engineering students of the year in Jamaica

Celebrating engineering students of the year in Jamaica Celebrating engineering students of the year in Jamaica OUR FOUNDATION Proudly honoring the best and brightest …

The gifts that keep on giving

The gifts that keep on giving The gifts that keep on giving OUR FOUNDATION Giving back in Nicaragua In Nicaragua, the largest country in Central America, we’re w…

A celebration fit for three kings

A celebration fit for three kings A celebration fit for three kings OUR FOUNDATION Celebrating Día de Los Reyes Día de Los Reyes (Three Kings’ Day) is a beloved t…

Honoring nurses as the community heroes they are

Honoring nurses as the community heroes they are Honoring nurses as the community heroes they are OUR FOUNDATION Showing gratitude for nurses We rely on nurses, …

Sharing holiday cheer with children and families in Jamaica

Sharing holiday cheer with children and families in Jamaica Sharing holiday cheer with children and families in Jamaica OUR FOUNDATION Making the holidays bright …

Baskets of joy at holiday picnics in Brazil

Baskets of joy at holiday picnics in Brazil Baskets of joy at holiday picnics in Brazil OUR FOUNDATION Sharing blessings in Brazil This holiday season, we were gr…
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New Fortress Energy Frequently Asked Questions

  • When was New Fortress Energy founded?

    New Fortress Energy was founded in 2014.

  • Who are New Fortress Energy key executives?

    New Fortress Energy's key executives are Wes Edens.

  • How many employees does New Fortress Energy have?

    New Fortress Energy has 140 employees.

  • What is New Fortress Energy revenue?

    Latest New Fortress Energy annual revenue is $112.3 m.

  • What is New Fortress Energy revenue per employee?

    Latest New Fortress Energy revenue per employee is $802.2 k.

  • Who are New Fortress Energy competitors?

    Competitors of New Fortress Energy include BGC, ORYX GTL and China Gas Holdings.

  • Where is New Fortress Energy headquarters?

    New Fortress Energy headquarters is located at 111 W 19th St 8th Floor, New York.

  • Where are New Fortress Energy offices?

    New Fortress Energy has offices in New York, Miami, Listowel, Kingston and in 2 other locations.

  • How many offices does New Fortress Energy have?

    New Fortress Energy has 6 offices.