Arno Drescher

New Fortress Energy Places Terminal Gas Sul LNG Terminal in Santa Catarina, Brazil into Operation

Retrieved on: 
Friday, March 1, 2024
Other Energy, Maritime, Utilities, Logistics, Supply Chain Management, Oil, Gas, Transport, Energy, FSRU, TGS, Arno Drescher, Wes Edens, Peptide

New Fortress Energy, Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its Terminal Gas Sul (“TGS”) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site.

Key Points: 
  • New Fortress Energy, Inc. (Nasdaq: NFE) (“NFE” or the “Company”) today announced that its Terminal Gas Sul (“TGS”) LNG terminal located in Santa Catarina, Brazil, is now operational with the Energos Winter Floating Storage Regasification Unit (FSRU) on-site.
  • TGS is an offshore LNG import terminal with a capacity of approximately 6 MTPA (300 TBtu) and maximum send out of 500 mmscf/day.
  • The terminal includes the Winter FSRU and a 33-kilometer, 20-inch pipeline, which connects the facility to the existing inland Transportadora Brasileira Gasoduto Bolívia-Brasil (“TBG”) pipeline.
  • The TGS terminal is essential infrastructure and will play a vital role in meeting the region's power and gas requirements.

New Fortress Energy Signs FSRU Charter to Start Operations of LNG Import Terminal in Santa Catarina, Brazil in January 2024

Retrieved on: 
Monday, November 6, 2023
Environment, Oil, Gas, Sustainability, Environmental Issues, Green Technology, Energy, Environmental Health, Apollo, Wes Edens, LNG, TGS, NFE, Arno Drescher, Natural gas, Petrobras

The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”), NFE’s newest LNG import terminal in Santa Catarina, Brazil which will start commercial operations ahead of schedule in January 2024.

Key Points: 
  • The FSRU Energos Winter will be immediately deployed to Terminal Gas Sul (“TGS”), NFE’s newest LNG import terminal in Santa Catarina, Brazil which will start commercial operations ahead of schedule in January 2024.
  • “We are extremely pleased to reach this agreement with Petrobras and begin operations at the TGS terminal in Santa Catarina, Brazil ahead of schedule in January 2024.
  • This will enable NFE to commence commercial operations at TGS in January 2024 and continue uninterrupted service on a long-term basis.
  • Energos Infrastructure, the owner of the Energos Winter, is owned 80% by funds managed by Apollo and 20% by NFE.

Interim results for the period ended June 30, 2023

Retrieved on: 
Thursday, August 10, 2023
Insurance, Maintenance, Greater, Bank statement, Commission, MKII, Snam, GTA, Weakness, Botaş Saros FSRU Terminal, Record, Prelude FLNG, Golar LNG, LTA, Sale, FLNG, Public expenditure, EBITDA, Acquisition, Investment, Engineering, Natural gas, Ex (Elvana Gjata, DJ Gimi-O and Bardhi song), Knowledge, Growth, LOA, Annual report, Audit, Risk management, NFE, LNG, Arno Drescher

Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.

Key Points: 
  • Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.
  • You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release.
  • Actual results may differ materially from those expressed or implied by such forward-looking statements.
  • To the best of our knowledge, the interim report for the three and six months ended June 30, 2023, includes a fair review of important events that have occurred during the period and their impact on the interim unaudited consolidated financial statements, the principal risks and uncertainties for the remaining period of 2023 and major related party transactions.

Apollo Hybrid Value Funds to Invest in PanAsia Health’s Health Management International

Retrieved on: 
Monday, June 26, 2023
Private equity, Atlas Air, APO, Atlas, King & Spalding, White & Case, HMI, Credit Suisse, Hospital, Hero FinCorp, Partner, Investment, Patient, Atmosphere of Earth, Arno Drescher, Growth, Credit, White, NYSE, Nursing

SINGAPORE and NEW YORK, June 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds within its Hybrid Value strategy have committed to invest in PanAsia Health Limited, the holding company for Health Management International Pte Ltd (“HMI” or the “Group”), a Singapore-headquartered regional healthcare provider.

Key Points: 
  • SINGAPORE and NEW YORK, June 26, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds within its Hybrid Value strategy have committed to invest in PanAsia Health Limited, the holding company for Health Management International Pte Ltd (“HMI” or the “Group”), a Singapore-headquartered regional healthcare provider.
  • This investment continues the strong pace of activity of Apollo’s Hybrid Value strategy, which has led more than $18 billion of investment commitments since inception.
  • Apollo’s Hybrid Value team was able to create a flexible solution which aligned with the goals of HMI’s shareholders and management team.
  • Maybank Securities acted as sole financial advisor to the Apollo funds while King & Spalding served as legal counsel to the Apollo funds.

NFE and Apollo Funds Complete $2 Billion LNG Maritime Joint Venture, Establishing Energos Infrastructure

Retrieved on: 
Monday, August 15, 2022
Alternative Energy, Energy, Oil, Gas, Diamond, Epidemic, Multimedia, Revolution, Global Infrastructure Partners, Risk, Paul, Weiss, Rifkind, Wharton & Garrison, HPS, Carbon, CEO, NYSE, Joint venture, CFO, Vinson & Elkins, Growth, Progress Energy Inc, SEC, APO, LLC, Communication, Public expenditure, COVID-19, Company, Contract, Coal, Milbank, Retirement, Pandemic, Diamond S Shipping Group Inc., Safety, Wes Edens, Morgan Stanley, NASDAQ, Natural gas, Coronavirus, JV, LNG carrier, Solution, Annual report, Health, Art, Renewable energy, Bank, Risk management, LNG, Platform, Arno Drescher, NFE

The Platform has been named Energos Infrastructure (Energos) and is owned approximately 80% by Apollo-managed funds and 20% by NFE.

Key Points: 
  • The Platform has been named Energos Infrastructure (Energos) and is owned approximately 80% by Apollo-managed funds and 20% by NFE.
  • View the full release here: https://www.businesswire.com/news/home/20220815005676/en/
    Apollo and NFE have additionally announced the Energos executive team, led by newly-appointed Chief Executive Officer Arthur Regan.
  • Regan is a veteran maritime industry Chief Executive and Apollo operating partner, having established and led both publicly-traded and private equity-owned maritime enterprises over the past three decades.
  • Energos is a global marine infrastructure platform underpinned by long-term contracts, benefitting from NFEs LNG downstream operations and development activities, as well as Apollos leading investment and maritime experience.