An announcement from Excelerate Energy, Inc. Class A ( (EE) ) is now available.
On March 26, 2025, Excelerate Energy Limited Partnership, a subsidiary of Excelerate Energy, Inc., announced an agreement to acquire New Fortress Energy’s business in Jamaica for $1.055 billion. This strategic acquisition, expected to close in the second quarter of 2025, positions Excelerate as a key provider of LNG infrastructure in the Atlantic basin, enhancing its financial profile with stable, long-term cash flows and growth opportunities in the Jamaican energy market.
More about Excelerate Energy, Inc. Class A
Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas, offering integrated services along the LNG value chain. The company aims to provide rapid-to-market and reliable LNG solutions globally, with a presence in various international locations.
YTD Price Performance: 4.27%
Average Trading Volume: 226,209
Technical Sentiment Signal: Sell
Current Market Cap: $3.33B
See more data about EE stock on TipRanks’ Stock Analysis page.