New Fortress Energy

111 West 19th Street, New York, NY 10011

At New Fortress Energy (NASDAQ: NFE), we believe everyone, everywhere should have affordable, clean energy. Today, we’re helping customers lower costs and reduce emissions by replacing oil-based fuels with natural gas. Tomorrow, we aim to be the world’s largest provider of carbon-free power. Every day, we’re working to create a world that’s powered by positive energy. Our company was founded in 2014 with the belief that access to affordable, reliable, cleaner energy is not a privilege, but a human right. Universal access to energy can impact everything from education to poverty reduction to gender equality. Creating that access – in an environmentally responsible way – is why we’re here. Billions of people still lack access to reliable, affordable energy, a critical element for quality of life and economic growth. We’re positively energized by the challenge to change that paradigm – to rapidly deliver fully integrated, completely customized, turnkey energy solutions through funding, building, and operating natural gas infrastructure and logistics. It’s a transformational opportunity to spark economic growth, enhance environmental stewardship, and dramatically improve local industries and communities – and people’s lives.

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3.3

Overall Excellence Rating

Industry

Oil, Gas and Mining

Category

Energy & Utilities

ESG/Ethical Impact

Over a billion people lack electricity. Hundreds of millions more live with unreliable or expensive power. Access to reliable, affordable energy improves health, education, food security, gender equality, livelihoods and poverty levels. Creating that access – while also positively impacting the environment – is our fundamental goal. We founded New Fortress Energy with a simple but ambitious mission centered on sustainability. We want to reduce emissions and increase access to power across the world. Climate change is an existential threat that is already impacting our planet’s ecosystems and communities. At the same time, over a billion people still don’t have electricity and the vast majority of humans have limited or unreliable access. To address these challenges, we sought to bring more affordable and cleaner fuel to markets that have a growing need for reliable power and electricity. Our investments today focus on bringing natural gas to markets that are almost entirely reliant on oil-based fuels and lack the capital to invest in clean technologies and grid improvements. To date, we’ve had great success – our natural gas facilities have converted more than 900MW of oil-based electricity generation to efficient, cleaner gas-fired generation in Jamaica and Puerto Rico. And our projects in Nicaragua and Mexico will be online soon. With these terminals built out, we will eliminate 1.6 million tons of CO2 for our customers per year. That’s the equivalent of over 22 million trees planted or 300,000 cars off the road annually. And for every additional 100MW of power generation we convert, we will help reduce CO2 emissions by about 175,000 tons per year.

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Awards Received

2023

Revenues

$2,300,000,000.00

Website Traffic

Employee Rating

3.4

Customer Rating

4.1

Company Size

100-1000

ESG Risk Rating

1

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