New Fortress Energy Files 8-K for Material Agreement
Ticker: NFE · Form: 8-K · Filed: Sep 6, 2024 · CIK: 1749723
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
NFE just filed an 8-K for a new material agreement. Big stuff happening.
AI Summary
New Fortress Energy Inc. filed an 8-K on September 6, 2024, reporting a material definitive agreement entered into on August 31, 2024. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in New York, NY.
Why It Matters
This filing indicates a significant new agreement for New Fortress Energy, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock price.
Key Players & Entities
- New Fortress Energy Inc. (company) — Registrant
- August 31, 2024 (date) — Date of earliest event reported
- September 6, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- New York, NY (location) — Address of Principal Executive Offices
FAQ
What is the nature of the material definitive agreement filed by New Fortress Energy?
The filing states that the 8-K is for an 'Entry into a Material Definitive Agreement' but does not specify the details of the agreement within the provided text.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on August 31, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on September 6, 2024.
Where are New Fortress Energy's principal executive offices located?
New Fortress Energy's principal executive offices are located at 111 W. 19th Street, 8th Floor, New York, NY 10011.
What is the IRS Employer Identification Number for New Fortress Energy?
The IRS Employer Identification Number for New Fortress Energy is 83-1482060.
Filing Stats: 1,369 words · 5 min read · ~5 pages · Grade level 15.2 · Accepted 2024-09-06 16:38:22
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share "NFE" NASDAQ Global Select
- $100.0 million — e commitments under the Amended RCF) of $100.0 million as of the last day of any fiscal quarte
- $0.10 — the Company's common stock in excess of $0.10 per share per fiscal quarter, incurring
Filing Documents
- nfe-20240831.htm (8-K) — 34KB
- 0001749723-24-000078.txt ( ) — 156KB
- nfe-20240831.xsd (EX-101.SCH) — 2KB
- nfe-20240831_lab.xml (EX-101.LAB) — 21KB
- nfe-20240831_pre.xml (EX-101.PRE) — 12KB
- nfe-20240831_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On August 31, 2024, New Fortress Energy Inc. (the "Company") entered into the Fourth Amendment to the Uncommitted Letter of Credit and Reimbursement Agreement (the "Fourth Amendment"), by and among the Company, as the borrower, the guarantors party thereto, Natixis, New York Branch, and each of the other financial institutions party thereto, as Lenders, which amends that certain Uncommitted Letter of Credit and Reimbursement Agreement, dated as of July 16, 2021 (as amended, restated or otherwise modified from time to time, the "Existing ULCA" and the Existing ULCA as amended by the Fourth Amendment, the "Amended ULCA"), by and among the Company, the guarantors from time to time party thereto, Natixis, New York Branch, as Administrative Agent, Natixis, New York Branch, as ULCA Collateral Agent, Natixis, New York Branch, and each of the other financial institutions party thereto, as Lenders and Issuing Banks. On August 31, 2024, the Company entered into the First Amendment to the Credit Agreement (the "First Amendment"), by and among the Company, as the borrower, the guarantors party thereto, the lenders party thereto, and Morgan Stanley Senior Funding Inc., as administrative agent, which amends that certain Credit Agreement, dated as of July 19, 2024 (as amended, restated or otherwise modified from time to time, the "Existing TLA" and the Existing TLA as amended by the First Amendment, the "Amended TLA"), by and among the Company, as the borrower, the guarantors from time to time party thereto, the several lenders from time to time party thereto, and Morgan Stanley Senior Funding Inc., as administrative agent and as collateral agent. On August 31, 2024, the Company entered into the Eighth Amendment to the Credit Agreement (the "Eighth Amendment"), by and among the Company, as borrower, the guarantors party thereto, the lenders party thereto and MUFG Bank Ltd., as administrative agent and as collateral agent
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. NEW FORTRESS ENERGY INC. Date: September 6, 2024 By: /s/ Christopher S. Guinta Name: Christopher S. Guinta Title: Chief Financial Officer