NFE News & Events

New Fortress Energy refers to its previous announcements in relation to the consensual UK Restructuring Plan between its subsidiaries, NFE Global Holdings and NFE Brazil Newco, and certain of their creditors. NFE announced that the UK RP has been approved at a hearing in the High Court of Justice of England and Wales before Mr. Justice Cawson, where the Plan Companies were granted an order sanctioning the UK RP, which are two inter-conditional restructuring plans proposed by each of the Plan Companies. The Sanction Order will shortly be filed with the Registrar of Companies and the UK RP will become effective in accordance with its terms. Plan Creditors showed overwhelming support for the UK RP at the meetings of Plan Creditors convened earlier this week on June 15, with 99% of Plan Creditors voting in favor of the UK RP and unanimous consent obtained in nearly all classes of Plan Creditors. A hearing before the United States Bankruptcy Court of the Southern District of New York to confirm the recognition of the UK RP will be held on June 26. The transactions contemplated by the UK RP are expected to be implemented by the third quarter of 2026, subject to the satisfaction of customary conditions and regulatory approvals.

Latest data shows the largest indicative borrow rate increases among liquid option names include: LASER PHOTONICS CORPORATION (LASE) 317.00% +5.23, Pluralsight Inc (PS) 194.67% +2.15, Kodiak AI, Inc. Common Stock (KDK) 98.50% +1.85, LAR Stock (LAR) 1.92% +0.89, New Fortress Energy (NFE) 28.29% +0.83, Rezolve AI Ltd (RZLV) 21.49% +0.61, Blackstone Secured Lending Fund (BXSL) 9.07% +0.47, Faraday Future Intelligent Electric Inc (FFAI) 12.86% +0.45, ZenaTech Inc (ZENA) 11.09% +0.34, and GraniteShares 2x Long IONQ Daily ETF (IONL) 20.30% +0.24.

Latest data shows the largest indicative borrow rate increases among liquid option names include: Yellowstone Midco Holdings Ii, Llc (YSS) 18.35% +1.98, Vivopower Plc (VIVO) 15.14% +1.19, New Fortress Energy (NFE) 19.86% +0.95, Merlin Inc (MRLN) 38.55% +0.67, WhiteFiber Inc (WYFI) 9.26% +0.51, Starfighters Space, Inc. (FJET) 71.88% +0.39, GraniteShares 1.5x Long COIN Daily ETF (CONL) 11.23% +0.38, Outlook Therapeutics Inc (OTLK) 29.93% +0.35, Ocugen (OCGN) 1.23% +0.34, and BioSig Technologies Inc (STEX) 6.85% +0.32.

New Fortress Energy has achieved the next step in the implementation of a consensual UK Restructuring Plan. On May 14, 2026, the High Court made an order granting the Plan Companies permission to convene meetings of their creditors for the purpose of reviewing and approving the UK RP. NFE previously announced on March 17, 2026, that it entered into a Restructuring Support Agreement with its creditors as part of the UK RP. On April 20, 2026, NFE announced that its subsidiaries, NFE Global Holdings Limited and NFE Brazil Newco Limited, acting as Plan Companies, executed and published a practice statement letter in connection with the UK RP.