Record Quarterly EBITDA
Excelerate delivered record quarterly EBITDA of $129 million, showcasing the durability and diversification of its business model.
New Terminal Contract in Iraq
Excelerate executed a definitive agreement with Iraq's Ministry of Electricity to develop the country's first LNG import terminal, highlighting a significant expansion opportunity.
Increased Financial Guidance
The company increased its adjusted EBITDA guidance for 2025 to range between $435 million and $450 million.
Strong Balance Sheet
Excelerate maintains a robust balance sheet with $463 million in cash and cash equivalents and available borrowing capacity under its revolver.
Effective Hurricane Response
Excelerate's infrastructure in Jamaica withstood Hurricane Melissa with minimal financial impact due to comprehensive insurance coverage.