March 27 (Reuters) - Liquefied natural gas

infrastructure provider New Fortress Energy ( NFE ) said on

Thursday it would sell its assets and operations in Jamaica to

Excelerate Energy ( EE ) for about $1.06 billion.

The assets include New Fortress' Montego Bay onshore

terminal, the Old Harbour floating terminal, and the Clarendon

combined heat and power plant that supplies 65% of Jamaica's

electricity.

The company said it would use the proceeds from the sale to

reduce its debt and for other purposes. Its shares rose 5.7% in

thin premarket trading.

The deal is expected to close in the second quarter, New

Fortress said.

The sale was reported by Reuters, citing sources, earlier in

the day.