HomeNewsGolar closes acquisition of New Fortress Energy stake in FLNG Hilli

Golar closes acquisition of New Fortress Energy stake in FLNG Hilli

3/15/2023

Further to the announcement on February 6, 2023, Golar LNG Limited (Golar) is pleased to confirm today that the agreement to acquire New Fortress Energy Inc.’s (NFE) interest in FLNG Hilli, effective January 1, 2023, has closed.

In return for NFE’s 50% Common Unit holding in Golar Hilli LLC, Golar has transferred its remaining 4.1 MM NFE shares to NFE, paid NFE $100 MM in cash, and assumed approximately $323 MM of FLNG Hilli debt.

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