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The idea behind batteries is to make the planet greener, but they all start their lives as energy-demanding environmental liabilities. Research scientists at SINTEF have succeeded in making batteries cheaper and simpler using a process that requires much less energy consumption.
Golar LNG Golar LNG Limited has today completed the sales of Hygo Energy Transition Ltd. and Golar LNG Partners LP Golar LNG Limited has today completed the sales of Hygo Energy Transition Ltd. and Golar LNG Partners LP Highlights Golar LNG Limited (“Golar” or “GLNG”) received $50 million in cash and 18.6 million Class A common shares in New Fortress Energy Inc. (“NFE”) worth $878 million based on the April 14 closing price as consideration for the sale of its 50% interest in Hygo Energy Transition Limited (“Hygo”). Golar received $81 million in cash for the sale of its 32% in...
(0) Highlights Golar LNG Limited ("Golar" or "GLNG") received $50 million in cash and 18.6 million Class A common shares in New Fortress Energy Inc. ("NFE") worth $878 million based on the April 14 closing price as consideration for the sale of its 50% interest in Hygo Energy Transition Limited ("Hygo"). Golar received $81 million in cash for the sale of its 32% interest in Golar LNG Partners LP ("GMLP"). Together, the transactions crystalize part of the value built in the Golar asset portfolio since 2015 and will generate a book gain to Golar of approximately $740 million based on Q4 2020 bo...
Posted on 423 New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”) today announced that it has entered into definitive agreements to acquire Hygo Energy Transition Ltd. (“Hygo”), a 50-50 joint venture between Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), and Golar LNG Partners, LP (Nasdaq: GMLP) (“GMLP”). “With a strong presence in Brazil and a world-class LNG shipping business, Hygo and GMLP are exce...
New Fortress Energy Inc has entered into definitive agreements to acquire Hygo Energy Transition and Golar LNG Partners