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BRIEF-Excelerate Energy Advances Growth Strategy With Acquisition Of Jamaica Downstream LNG And Power Infrastructure Business From New Fortress Energy
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BRIEF-Excelerate Energy Advances Growth Strategy With Acquisition Of Jamaica Downstream LNG And Power Infrastructure Business From New Fortress Energy
Mar 27, 2025 4:57 AM

March 27 (Reuters) - Excelerate Energy Inc ( EE ):

* EXCELERATE ENERGY ADVANCES GROWTH STRATEGY WITH

ACQUISITION OF

JAMAICA DOWNSTREAM LNG AND POWER INFRASTRUCTURE BUSINESS FROM

NEW FORTRESS ENERGY

* EXCELERATE ENERGY INC ( EE ) - ACQUISITION IS IMMEDIATELY

ACCRETIVE TO

EARNINGS PER SHARE

* EXCELERATE ENERGY ( EE )- INTENDS TO FUND DEAL USING COMBINATION

OF

PERMANENT FINANCING & CASH-ON-HAND

* EXCELERATE ENERGY ( EE )- HAS BACKSTOPPED FINANCING WITH AN $850

MILLION FULLY COMMITTED BRIDGE FACILITY

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