New Fortress Energy Brazil signs terminal lease agreement
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New Fortress Energy Brazil Enters into Terminal Lease Agreement for TGS
March 31, 2026 9:00 AM EDTNEW YORK--(BUSINESS WIRE)-- New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") today announced that its Brazil platform has entered into a long-term lease and capacity agreement (Lease Agreement) for its Terminal de Gás Sul (TGS) LNG import terminal in Santa Catarina, Brazil. The Lease Agreement is expected to commence in August 2026.
The agreement marks the commercialization of TGS and is expected to generate $50 million in annual EBITDA by 2027.
TGS is a strategically located LNG import terminal that provides critical and flexible access to natural gas for power generation... More
