May 13 (Reuters) - U.S.-based LNG company New Fortress
Energy ( NFE ) said on Tuesday it would push its quarterly
filing with the U.S. securities regulator due to delay in
completing the previously announced sale of its business in
Jamaica.
In March, Excelerate Energy agreed to buy New Fortress
Energy's ( NFE ) Jamaica business for $1.06 billion in cash, with the
transaction expected to close in the near term.
The company began exploring various options
last year
, which included bringing in strategic partners or selling
assets, after it was forced to defer shareholder dividend
payments while negotiating with bondholders to address near-term
debt maturities.
New Fortress added that the extension was partly a
result of the resignation of its accounting chief, effective
April 29, which diverted time and resources from the routine
preparation and review of quarterly reports.