Thread by @SergioChapa

📞 Earnings Call: New Fortress Energy says Altamira FLNG in Mexico has loaded its first cargo -- a partial cargo

Full 1.4 mtpa production is expected to begin in September

#LNG #ONGT #NatGas #Shale #OOTT #Altamira #Tamps #Mexico #MXEnergy

🇲🇽 New Fortress Energy: Altamira FLNG ended up costing more than $2 billion (about $1,500 per ton)

But the project is expected to add $590 million of earnings per year (~$150 million per quarter)
 
#LNG #ONGT #NatGas #Shale #OOTT #Altamira #Tamps #Mexico #MXEnergy

🇳🇮 New Fortress Energy: The company’s LNG import project in Puerto Sandino, Nicaragua is now 90% complete and expected to begin operations in 4Q24
 
#LNG #ONGT #NatGas #Shale #OOTT #PuertoSandino #Nicaragua #Latam

🇧🇷 Brazil remains a busy place for NFE where the Celba Power Plant is now 70% complete and the Portcem Power Plant is expected to begin commercial operations in 3Q26.
 
#LNG #ONGT #NatGas #Shale #OOTT #Barcarena #SantaCatarina #Brazil #Latam

🇺🇸 Pivot: New Fortress Energy is planning on getting a piece of the growing demand for data centers by launching subsidiary Klondike Digital Infrastructure to build power plants for them
 
#AI #DataCenters #ONGT #NatGas #Shale

🇺🇸🇧🇷🇮🇪 New Fortress Energy is seeking to build power projects to support data centers in Pennsylvania, Brazil and Ireland
 
(Note: Pennsylvania has large volumes of cheap natural gas from the Marcellus Shale)
 
#AI #DataCenters #ONGT #NatGas #Shale #Marcellus #Brazil #Ireland