New Fortress Energy closes $700m loan for FLNG unit

In:

Oil & gas

Region:

Americas

New Fortress Energy has closed on a $700 million loan from Morgan Stanley Senior Funding to finance the construction of a second floating LNG (FLNG) unit. The company's FLNG 1 recently began production in Altamira, Mexico, utilising gas from the Sur de Texas-Tuxpan pipeline with a target of...

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