Thursday, December 8 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    NFE And Ebrasil To Sell Porto De Sergipe Power Plant For Apprx. $1.29 Bln Cash

    June 1, 2022 - CE Noticias Financieras


      New Fortress Energy Inc. (NFE) on Wednesday said it has, along with its partner Ebrasil Energia Ltda. agreed to sell Porto de Sergipe Power Plant to Brazilian power company Eneva S.A. for R$6.1 billion or $1.29 billion in cash.

      As part of the deal, Eneva has agreed to acquire all shares of Centrais Elétricas de Sergipe Participações S.A. (CELSEPAR), who owns the 1,593 MW Sergipe Power Plant, and Centrais Elétricas Barra dos Coqueiros S.A., which owns 1.7 GW of expansion rights adjacent to the Sergipe Power Plant, for a total implied enterprise value of about R$10.2 billion, including debt.

      "NFE will continue to operate the Golar Nanook, a Floating Storage and Regasification Unit that remains chartered to CELSE for the next 20 years," said Wes Edens, Chairman and CEO of New Fortress Energy.

      The transaction, which is projected to bring in about $550 million proceeds to New Fortress Energy, is expected to close in the second half of 2022.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.