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New Fortress Energy
111 W. 19th Street , 8th Floor , New York, New York, United States

Memberships : NA
Industry : Electric Power
Basic Member
Since Dec, 2019
About Company

New Fortress Energy LLC (NASDAQ:NFE) is a multi-billion dollar, publicly-traded, global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.  NFE has an enterprise value of approximately $3 billion.    We believe that everyone should have access to affordable energy; however, billions of people around the planet still lack this critical element for quality of life and economic growth. Founded in 2014, we have embarked on an international expansion, driven by our vision of a world in which electricity is no longer a luxury good.    Today, we deliver a completely integrated and customized energy solution for our customers to help them benefit from natural gas. Our world-class team has expertise across power, infrastructure, transportation and LNG, and we have developed a proven track record building and operating liquefaction facilities, onshore and offshore regasification terminals, pipelines, power plants, and various small scale solutions. 

Everyone should have access to affordable, reliable, cleaner energy. Yet, too many lack this critical element for quality of life and economic growth. While cleaner fuels like natural gas are abundant, there are regions in the world with outdated infrastructure that prevents the transition to cleaner, more environmentally friendly energy. New Fortress Energy was founded in 2014 with a commitment to help accelerate this transformation globally.  We deliver completely integrated and customized energy solutions to our customers to help them benefit from natural gas. We develop our projects from end-to-end, funding construction with our own capital and managing the entire process. We have world-class expertise in power, infrastructure, transportation and liquefied natural gas (LNG) and have developed a proven track record building and operating liquefaction facilities, onshore and offshore regasification terminals, pipelines, power plants and various small-scale solutions.

With our ongoing projects, New Fortress Energy has an established logistics chain that enables us to deliver natural gas quickly and efficiently to customers of all sizes around the world.  Our story began with a transformation of our own. Seeking to convert a freight rail to run on cleaner, more efficient fuel, our founder created New Fortress Energy and built Florida’s first LNG production facility. While supplying LNG as an alternative fuel source to transportation projects and local industries, we saw the potential to deliver LNG to customers around the world seeking reliable, affordable energy. Soon after, New Fortress Energy invested significant funds in Jamaica to deliver the country’s first LNG. Since then, we have embarked on an international expansion, driven by our vision of a world in which electricity is no longer a luxury good.

Our Founder

Wes Edens is co-founder and co-CEO of Fortress Investment Group, a global investment management firm. Under his leadership, Fortress has developed and owned transportation and infrastructure projects across the world and built industry-leading businesses in real estate, health care, financial services, media and entertainment.  Mr. Edens founded New Fortress Energy (NASDAQ: NFE) in 2014 to meet the growing demand for clean, affordable and reliable energy around the world. As CEO, he has led the effort to build the rapidly growing, fully integrated energy infrastructure business that operates liquefied natural gas (LNG) production facilities, logistics and terminals across North America and the Caribbean.  He has also been the catalyst for the development of Brightline (recently rebranded Virgin Trains USA), the first privately owned, operated and maintained passenger rail system in the United States that connects Florida cities from Miami to Orlando and is developing a second corridor between Southern California and Las Vegas.  Amongst other philanthropic contributions, he and his family established The Edens Family Fund for Climate Change Research at Princeton University, served as inaugural co-chair of the Brown School of Public Health Advisory Council, and endowed a professorship at Macalester College in St. Paul, Minn., the Edens Professorship in Global Health, along with a research fund to focus on solving international infectious disease and environmental health hazards.  A lifelong athlete and competitor, Mr. Edens grew up on a rural Montana ranch participating in outdoor sports including ski racing, mountain climbing, running, and jumping horses. He has scaled challenging mountains around the world including the Matterhorn, the Grand Teton, and Mount Kilimanjaro.  Prior to founding Fortress in 1998, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers.  Mr. Edens is also the co-owner of the Milwaukee Bucks and Aston Villa Football Club. He received a B.S. in Finance from Oregon State University.

Providing Complete and Customized Energy Solutions

We develop safe, modern and reliable infrastructure in regions where converting to natural gas has the greatest positive economic and environmental impact on local communities. We work with end users to provide complete, customized solutions that lower energy costs, reduce environmental footprint, and improve energy efficiency.

Showing Commitment to Our Communities

At New Fortress Energy, we are passionate about improving the lives of people around the world. In addition to providing access to cleaner, more affordable energy, we are committed to supporting the communities in which we operate by promoting educational enrichment, catalyzing economic growth, and enhancing quality of life.

Company NameNew Fortress Energy
Business CategoryElectric Power
Address111 W. 19th Street
8th Floor
New York
New York
United States
ZIP: 10011
PresidentNA
Year Established2014
EmployeesNA
MembershipsNA
Hours of OperationNA
Company Services
  • Lng
  • Natural Gas
  • Infrastructure
  • Energy
  • Clean Energy
  • Project Development
  • Power
  • Transportation
  • Regasification
  • Liquefaction
  • Power Plants
  • Small-scale
  • Logistics
  • Alternative Fuel
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