UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. )*

New Fortress Energy Inc.
(Name of Issuer)

Class A Common Stock, par value $0.01 per share
(Title of Class of Securities)

644393100
(CUSIP Number)

April 15, 2021
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐  Rule 13d-1(b)
 
☒  Rule 13d-1(c)
 
☐  Rule 13d-1(d)
 
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 


CUSIP No. 644393100
SCHEDULE 13G
Page 2 of 10 Pages
1
NAMES OF REPORTING PERSONS
 
 
Stonepeak Infrastructure Fund II Cayman (G) Ltd.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
12,745,098
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
12,745,098
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,745,098
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
6.2%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 


CUSIP No. 644393100
SCHEDULE 13G
Page 3 of 10 Pages
1
NAMES OF REPORTING PERSONS
 
 
Stonepeak Golar Power Holdings (Delaware) LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
12,745,098
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
12,745,098
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,745,098
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
6.2%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 


CUSIP No. 644393100
SCHEDULE 13G
Page 4 of 10 Pages
1
NAMES OF REPORTING PERSONS
 
 
Stonepeak Infrastructure Fund II Cayman LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
12,745,098
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
12,745,098
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,745,098
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
6.2%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
PN
 
 
 
 


CUSIP No. 644393100
SCHEDULE 13G
Page 5 of 10 Pages
1
NAMES OF REPORTING PERSONS
 
 
Stonepeak Infrastructure Fund II Cayman Ltd.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
12,745,098
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
12,745,098
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,745,098
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
6.2%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 


CUSIP No. 644393100
SCHEDULE 13G
Page 6 of 10 Pages
1
NAMES OF REPORTING PERSONS
 
 
MICHAEL DORRELL
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United States of America
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
0
 
 
 
 
6
SHARED VOTING POWER
 
 
12,745,098
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
0
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
12,745,098
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
12,745,098
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
6.2%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IN
 
 
 
 


CUSIP No. 644393100
SCHEDULE 13G
Page 7 of 10 Pages
Item 1(a).
Name of Issuer:
 
New Fortress Energy Inc. (the “Issuer”)

Item 1(b).
Address of Issuer’s Principal Executive Offices:

111 W. 19th Street, 8th Floor
New York, New York, 10011

Item 2(a).
Name of Person Filing

This Statement is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):


(i)
Stonepeak Infrastructure Fund II Cayman (G) Ltd.;

(ii)
Stonepeak Golar Power Holdings (Delaware) LP;

(iii)
Stonepeak Infrastructure Fund II Cayman LP;

(iv)
Stonepeak Infrastructure Fund II Cayman Ltd.; and

(v)
Michael Dorrell (“Mr. Dorrell”)

This Statement relates to Common Stock (as defined herein) held for the account of Stonepeak Infrastructure Fund II Cayman (G) Ltd.  Stonepeak Golar Power Holdings (Delaware) LP is the sole shareholder of Stonepeak Infrastructure Fund II Cayman (G) Ltd.  The general partner of Stonepeak Golar Power Holding (Delaware) LP is Stonepeak Infrastructure Fund II Cayman LP. The general partner of Stonepeak Infrastructure Fund II Cayman LP is Stonepeak Infrastructure Fund II Cayman Ltd., whose managing shareholder is Michael Dorrell.  Accordingly, each of Stonepeak Golar Power Holdings (Delaware) LP, Stonepeak Infrastructure Fund II Cayman LP, Stonepeak Infrastructure Fund II Cayman Ltd. and Mr. Dorrell may be deemed to indirectly beneficially own the shares of Common Stock reported herein.

Item 2(b).
Address of Principal Business Office or, if None, Residence:

The address of the principal business office of each of the Reporting Persons is 55 Hudson Yards, 550 W. 34th Street, 48th Floor, New York, NY 10001.

Item 2(c).
Citizenship:

Each of Stonepeak Infrastructure Fund II Cayman (G) Ltd. and Stonepeak Infrastructure Fund II Cayman Ltd. is a Cayman Islands exempted company.  Stonepeak Infrastructure Fund II Cayman LP is a Cayman Islands exempted limited partnership.  Stonepeak Golar Power Holdings (Delaware) LP is a Delaware limited partnership.  Mr. Dorrell is a citizen of the United States of America.

Item 2(d).
Title of Class of Securities:

Class A Common Stock, par value $0.01 per share (the “Common Stock”)

Item 2(e).
CUSIP Number:
 
644393100

Item 3.
If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:

This Item 3 is not applicable.


CUSIP No. 644393100
SCHEDULE 13G
Page 8 of 10 Pages
Item 4.
Ownership:

Item 4(a)
Amount Beneficially Owned:

As of April 15, 2021, each of the Reporting Persons may be deemed the beneficial owner of 12,745,098 shares of Common Stock. This amount includes 1,872,936 shares of Common Stock, subject to certain adjustments, which are to be transferred to certain individuals and entities that participate in Hygo Energy Transition Ltd.’s management incentive system in connection with the Issuer’s acquisition of Hygo Energy Transition Ltd. pursuant to a merger agreement that closed on April 15, 2021.

Item 4(b)
Percent of Class:

As of April 15, 2021, each of the Reporting Persons may be deemed the beneficial owner of approximately 6.2% of the shares of Common Stock outstanding. This calculation assumes 206,692,963 Common Stock outstanding as of April 21, 2021 based on information provided by the Issuer.

Item 4(c)
Number of Shares as to which such person has:
 
Each Reporting Person:
 
(i) Sole power to vote or direct the vote:
0
(ii) Shared power to vote or direct the vote:
12,745,098
(iii) Sole power to dispose or direct the disposition of:
0
(iv) Shared power to dispose or direct the disposition of:
12,745,098
 
Item 5.
Ownership of Five Percent or Less of a Class:

This Item 5 is not applicable.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person:

This Item 6 is not applicable.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

See disclosure in Item 2 hereof.

Item 8.
Identification and Classification of Members of the Group:

This Item 8 is not applicable.

Item 9.
Notice of Dissolution of Group:

This Item 9 is not applicable.

Item 10.
Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


CUSIP No. 644393100
SCHEDULE 13G
Page 9 of 10 Pages
SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN (G) LTD.
 
By: Stonepeak Golar Power Holdings (Delaware) LP, its sole shareholder
 
By: Stonepeak Infrastructure Fund II Cayman LP, its general partner
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK GOLAR POWER HOLDINGS (DELAWARE) LP
 
By: Stonepeak Infrastructure Fund II Cayman LP, its general partner
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN LP
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN LTD.
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
By: /s/ Michael Dorrell
 
Michael Dorrell
   
April 26, 2021



CUSIP No. 644393100
SCHEDULE 13G
Page 10 of 10 Pages
EXHIBIT INDEX

Ex.
 
   
Joint Filing Agreement




EXHIBIT A

JOINT FILING AGREEMENT

The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A Common Stock, par value $0.01 per share, New Fortress Energy Inc., dated as of April 26, 2021, is, and any amendments thereto (including amendments on Schedule 13G) signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.
 
 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN (G) LTD.
 
By: Stonepeak Golar Power Holdings (Delaware) LP, its sole shareholder
 
By: Stonepeak Infrastructure Fund II Cayman LP, its general partner
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK GOLAR POWER HOLDINGS (DELAWARE) LP
 
By: Stonepeak Infrastructure Fund II Cayman LP, its general partner
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN LP
 
By: Stonepeak Infrastructure Fund II Cayman Ltd., its general partner
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
STONEPEAK INFRASTRUCTURE FUND II CAYMAN LTD.
   
 
By: /s/ Michael Dorrell
 
Name: Michael Dorrell
 
Title: Managing Shareholder
   
 
By: /s/ Michael Dorrell
 
Michael Dorrell
   
April 26, 2021