Despite its geographic location, the islands are well connected courtesy of the Tui-Samoa undersea cable that connects the islands to both Fiji and Samoa. Regarding energy, Wallis & Futuna depend largely on imported fossil fuels, but has set a target of 100% renewables by 2050.
The vessel, the ''Energos Grand'' is owned by Connecticut, USA based operator Energos Infrastructure, and is being chartered by New Fortress Energy. The order was booked by
The Platform provides critical infrastructure for the delivery, storage, and regasification of LNG to power countries around the world, which can reduce their reliance on oil and coal to lower carbon emissions and enable potentially substantial cost savings.
New Fortress Energy Inc. has finalised the sale of its 20 percent equity stake in Energos Infrastructure to funds managed by Apollo. The transaction, completed recently, is part of the
The vessel, the ''Energos Grand'' is owned by Connecticut, USA based operator Energos Infrastructure, and is being chartered by New Fortress Energy. The order was booked by Wärtsilä in March 2023. The Wärtsilä system allows the boil-off-gas (BOG) from the LNG onboard to be reliquefied and returned to the cargo tanks rather than being wasted.
New Fortress Energy (NFE) and Apollo have announced the creation of a new $2bn liquefied natural gas (LNG) maritime platform called Energos Infrastructure. Formed as part of a previously announced joint venture (JV), Energos is the owner and operator of 11 LNG infrastructure vessels.
NFE sells 20% stake in Energos Infrastructure to funds managed by Apollo; NFE to use net proceeds to repay debt and invest in accretive downstream projects; NFE charters six LNG vessels from Energos today, and will continue to partner with Energos in the future to support significant growth at NFE''s downstream terminals
Apollo Funds'' joint venture with New Fortress Energy formed Energos Infrastructure, a maritime platform with critical infrastructure to power countries around the world. Learn more about how Energos is helping to provide energy reliability and security.
• Advised foreign governments, banks and private investor/developer participants on some of the largest and most innovative LNG and energy infrastructure projects in the world • Was a co-founding partner of the firm''s Singapore office, and played a major role in the establishment of the firm''s 3 Middle East offices
New Fortress Energy (NFE) and Apollo have formed a joint venture (JV) that now owns and operates 11 liquefied natural gas (LNG) infrastructure vessels. The deal closed more than a month after the companies agreed to form a $2bn LNG maritime JV. The newly established platform has been named Energos Infrastructure.
New Fortress Energy Inc. has finalised the sale of its 20 percent equity stake in Energos Infrastructure to funds managed by Apollo. The transaction, completed recently, is part of the company''s strategic move to reallocate resources towards general corporate purposes, including debt repayment and investment in downstream projects with
Energos Infrastructure will establish its headquarters in Stamford, CT. About New Fortress Energy New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to help address energy poverty and accelerate the world’s transition to reliable, affordable, and clean energy.
Formed as part of a previously announced joint venture (JV), Energos is the owner and operator of 11 LNG infrastructure vessels. The 11-vessel portfolio includes six floating storage and regasification units (FSRUs), two LNG carriers (LNGCs), and three floating storage units (FSUs).
Apollo and NFE have additionally announced the Energos executive team, led by newly-appointed Chief Executive Officer Arthur Regan. Regan is a veteran maritime industry Chief Executive and Apollo operating partner, having established and led both publicly-traded and private equity-owned maritime enterprises over the past three decades.
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