
New Fortress Energy
An energy infrastructure company focused on providing clean and affordable natural gas.
About
New Fortress Energy provides capital, expertise, and vision to deliver affordable power to communities worldwide, particularly those lacking access to electricity. Their core mission is to light the world by developing and operating natural gas infrastructure and clean energy projects, with a focus on liquefied natural gas (LNG) solutions. They serve billions of people globally by making electricity accessible and affordable.
Key facts
At-a-glance profile data
- Website
- newfortressenergy.com
- Headquarters
- New York, New York, USA
- Founded
- 2014
- Employees
- 582
- Total funding
- $63M (Strategic)
- Business model
- B2B
Tech stack
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- CDN
- AWS CloudFront
- Email provider
- Mimecast
Frequently asked
How much funding has New Fortress Energy raised?
New Fortress Energy has raised a total of $63M in funding. The most recent round on record is Strategic.
How many employees does New Fortress Energy have?
New Fortress Energy has approximately 582 people on record.
LNG Platform and Supply
Cheniere Energy is a larger scale rival in the LNG market with a focus on long-term supply, competing with New Fortress Energy's integrated gas-to-power solutions.
Floating Storage and Regasification Units (FSRUs)
Excelerate Energy directly competes with New Fortress Energy in floating import and regasification infrastructure, particularly in delivering LNG to emerging markets.
Global LNG Trading and Supply
BP competes with New Fortress Energy through its extensive trading power and commercial ties, offering bundled gas supply, shipping, and market access.
Floating Liquefaction (FLNG) and Marine-based Gas Infrastructure
Golar LNG is a direct competitor in floating liquefaction concepts and marine-based gas infrastructure, a segment New Fortress Energy has expanded into with its Fast LNG initiative.
Natural Gas Pipelines and Terminals
Kinder Morgan competes in the broader natural gas infrastructure market, including pipelines and terminals, which can offer alternative supply options to New Fortress Energy's LNG solutions.
Public Power Authority
PREPA would be an ideal client as New Fortress Energy has existing LNG import terminals and power plants in Puerto Rico and is working on converting existing power plants from diesel to natural gas to drive additional gas demand under contr
State-owned Electric Utility
CFE is a strong potential client as New Fortress Energy has partnered with them to develop an LNG hub at Altamira, Mexico, and supplies natural gas to Mexico's energy grid.
National Oil and Gas Company
EGAS could be a client for LNG import and regasification services, as New Fortress Energy signed a 5-year contract with them for the deployment of a floating storage and regasification unit.
Confirmed customer relationships for New Fortress Energy. Speculative buyer-fit guesses are not shown.