New Fortress Energy Announces Closing of $180 Million Financing Facility With NCB Capital Markets
Under the facility, the Company plans to issue up to
The Company issued
Net proceeds from the issuance will be used to complete the construction of the Power Plant and to reimburse shareholder advances made by New Fortress.
“We are very pleased to partner with NCBCM and the investment community in the
“NCBCM has decided to partner with New Fortress because of the work that they have been doing across the region and in different parts of the world in bringing cleaner and cheaper energy sources to consumers,” said
This news release is neither an offer to sell nor a solicitation of an offer to sell any of the securities of New Fortress or the Company, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements contained in this press release constitute “forward-looking statements” including the expected timing of the completion of construction of the Power Plant, the issuance of the remaining
Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the prospectus included in the registration statement filed with the