by Evercore ISI
New Fortress Energy announced three material acquisitions that have greatly accelerated the already rapid growth profile of the company. First, New Fortress is acquiring Hygo, Golar LNG Partners’ downstream regasification and power business. The Hygo purchase provides New Fortress with one existing floating storage regasification terminal (Sergipe) and an immediate Ebitda contribution.
New Fortress also gains a second advanced development opportunity for the Barcarena LNG import terminal scheduled to start up in the first half of 2022. The Barcarena import terminal will eventually be expanded to include a related power-plant project coming on-line in 2025. Second, New Fortress is acquiring Golar LNG Partners (the publicly traded Golar-related master limited partnership), which provides it with a fleet of floating storage regasification units/floating storage units and liquefied-natural-gas carriers that can be converted to provide ready access to in-house coastal
Banks repeatedly violate RBIâs circular, deny student loans citing parentsâ credit score 16 January 2021
Despite the mandate of an education-loan policy to benefit poor students that has been in place since 2001, India s public-sector banks continue to deny student loans citing poor credit ratings. INDRANIL MUKHERJEE/AFP/Getty Images
Despite the mandate of an education-loan policy to benefit poor students that has been in place since 2001, India s public-sector banks continue to deny student loans citing poor credit ratings. INDRANIL MUKHERJEE/AFP/Getty Images
Nearly twenty years after the National Democratic Alliance government introduced an education loan scheme to benefit students from poor families, Indiaâs public banks continue to deny loans to students whose parents have poor credit ratings. The Indian Banksâ Association, a representative body of all banks with offices in the country, had prepared this proposal as a
DJ Media and Games Invest entered into an agreement to acquire U.S. game developer KingsIsle Entertainment Inc. for a consideration of up to USD 126 million plus earn-outs on a cash- and debt-free basis.
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You have to be in it to win it, as the old lottery come-on goes. What the buzz these days seems to be more about is striking it rich by trading penny stocks, options, and especially cryptocurrencies, even though the Mega Millions and Powerball lottery combined jackpots are closing in on $1.5 billion.
Bullish sentiment, as depicted by Citi’s Panic/Euphoria gauge, is nearly off the charts. It’s also reflected in the surge in bullish call-option buying, which registered the second-highest volume on record on Thursday, Doug Kass,.
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You have to be in it to win it, as the old lottery come-on goes.