New Fortress enters Brazil’s natural gas market with $5bn acquisitions

New Fortress Energy announced it will buy Hygo Energy Transition and Golar LNG in a $5 billion combined deal that marks the group’s entry into Brazil’s natural gas sector. At the same time, the energy infrastructure company said it has sealed a memorandum with BR Distribuidora and CCETC Brasil Holding for potential purchase of thermal generation assets in the country.

Source: 6 Minutos