New Fortress Energy and Apollo launch $2bn LNG maritime joint venture


New Fortress Energy (NFE) and Apollo have formed a $2bn LNG maritime joint venture to support the energy transition and bolster global energy security.

The Energos Infrastructure platform is owned approximately 80% by Apollo-managed funds and 20% by NFE.

The 11-vessel portfolio consists of six floating storage and regasification units, two LNG carriers and three floating storage units.

NFE has agreed to charter 10 of the vessels from the platform for a period of up to 20 years, and those charters have started immediately, or will commence upon expiration of the vessels’ existing third-party charter agreements.

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