New Fortress Energy gets $200 million financing via First Citizens

By Marisa Wong

Los Angeles, Aug. 29 – New Fortress Energy Inc. obtained $200 million of financing with First Citizens Bank’s capital equipment finance group acting as lead arranger, according to a press release.

The loan supports the company’s grid stabilization project in Puerto Rico.

New Fortress is a New York-based energy infrastructure company founded to help address energy poverty and accelerate the world’s transition to reliable, affordable and clean energy.

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