27 de diciembre de 2024

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The government has no formal knowledge of New Fortress’ financial challenges

The Secretary of State, Omar J. Marrero, stated that the Public-Private Partnerships Authority is monitoring the delicate situation of the company that owns Genera PR and assured that if the operator were put up for sale, the transaction would require government approval.

November 25, 2024 - 11:45 AM

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Fue necesario que New Fortress Energy retirara su barcaza del muelle. (GFR Media)

View of New Fortress Energy's natural gas transshipment operation in San Juan Bay. The Coast Guard recently recommended to the Federal Energy Commission that it not give way to the company's ship-to-ship transshipment operation at Puerto Rico's main seaport. New Fortress has appealed the decision.

By Joanisabel González

Editora de Negociosjoanisabel.gonzalez@gfrmedia.com

The Puerto Rico government, including the Puerto Rico Fiscal Advisory Authority and Fiscal Agency (Aafaf) and the Puerto Rico Public-Private Partnerships Authority (AAPP), has not received, so far, a formal notification from New Fortress Energy (Nasdaq:NFE) about the financial challenges faced by the company or its plan to dispose of any or several of its assets on the island, said Secretary of State Omar J. Marrero.