IPO Profile

New Fortress Energy LLC (NFE)

Offer Price
$14
Offer Size
20,000,000
3-Year Outlook
Positive
Volatility
High
First Day Turnover
20.24%

Description

We are an integrated gas-to-power company that seeks to use “stranded” natural gas to satisfy the world’s large and growing power needs. Our mission is to provide modern infrastructure solutions to create cleaner, reliable energy while generating a positive economic impact worldwide. Our business model is simple, yet, we believe, unique for the liquefied natural gas (“LNG”) industry. We aim to deliver targeted energy solutions to customers around the world, thereby reducing their energy costs and diversifying their energy resources, while also reducing pollution and generating compelling margins.

Investors Pre-IPO Holdings (%)
Google Ventures 30
Intel Ventures 20
Patricoff Ventures 5
Kleiner Perkins 18

Deal Highlights

Deal Tracker

Filing Date   09 Nov, 2018
Price Date   31 Jan, 2019
Offer Price $14
Offer Size 20M
Look Up Expiry Date   31 Jul, 2019
Earnings Release Date   Nov 1, 2018