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New Fortress Energy Inc's Business Segments
New Fortress Energy Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q1 FY2026
Reportable Segments
2
Largest Segment
Terminals and Infrastructure
Total Revenue
$ 227
Regions Reported
-
Revenue Share by Reportable Segment - Q1 FY2026
- Terminals and Infrastructure96.8%
- Ships3.2%
Revenue by Reportable Segment - Q1 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Terminals and Infrastructure | $ 220 | 96.8% |
| Ships | $ 7 | 3.2% |
Revenue by Product & Service Category - Q1 FY2026
- Cargo Sales19.4%
Revenue by Product & Service Category - Q1 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Cargo Sales | $ 44 | 19.4% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of New Fortress Energy Inc
New Fortress Energy Inc. is a global energy infrastructure company that develops, finances, builds, and operates natural gas infrastructure and logistics to deliver energy to customers around the world. The company was founded in 2014 and is headquartered in New York City, with operations and offices in the United States, Jamaica, Puerto Rico, Mexico, and Ireland.
New Fortress Energy's primary business focuses on the development of integrated energy solutions that combine liquefied natural gas (LNG) infrastructure, logistics, and downstream solutions. The company owns and operates LNG terminals, natural gas pipelines, and power-generation facilities, providing LNG to customers in the Caribbean, Central America, South America, and other global markets.
The company's core offerings include LNG terminals, regasification facilities, LNG trucks, and related equipment and services. Its proprietary technologies and expertise in LNG logistics enable the company to provide customized solutions to meet the diverse energy needs of its customers.
As part of its commitment to sustainability, New Fortress Energy promotes the use of natural gas as a cleaner, more efficient alternative to traditional fossil fuels. The company is also committed to reducing emissions and has implemented various environmental, social, and governance (ESG) initiatives to support its responsible business practices.
In addition to its primary business of LNG infrastructure and logistics, New Fortress Energy is also involved in power generation and energy marketing. The company owns and operates power plants that use natural gas to generate electricity, and also sells and markets electricity to customers in Jamaica, Puerto Rico, and other global markets.
Overall, New Fortress Energy is a rapidly growing company that is leading the charge in developing and delivering innovative energy solutions to meet the world's growing demand for clean, affordable, and reliable energy.
New Fortress Energy's primary business focuses on the development of integrated energy solutions that combine liquefied natural gas (LNG) infrastructure, logistics, and downstream solutions. The company owns and operates LNG terminals, natural gas pipelines, and power-generation facilities, providing LNG to customers in the Caribbean, Central America, South America, and other global markets.
The company's core offerings include LNG terminals, regasification facilities, LNG trucks, and related equipment and services. Its proprietary technologies and expertise in LNG logistics enable the company to provide customized solutions to meet the diverse energy needs of its customers.
As part of its commitment to sustainability, New Fortress Energy promotes the use of natural gas as a cleaner, more efficient alternative to traditional fossil fuels. The company is also committed to reducing emissions and has implemented various environmental, social, and governance (ESG) initiatives to support its responsible business practices.
In addition to its primary business of LNG infrastructure and logistics, New Fortress Energy is also involved in power generation and energy marketing. The company owns and operates power plants that use natural gas to generate electricity, and also sells and markets electricity to customers in Jamaica, Puerto Rico, and other global markets.
Overall, New Fortress Energy is a rapidly growing company that is leading the charge in developing and delivering innovative energy solutions to meet the world's growing demand for clean, affordable, and reliable energy.
New Fortress Energy Inc. (NFE) is a prominent player in the energy infrastructure sector, focusing on delivering a diverse range of energy solutions that align with the needs of its global clientele. The companys operations are segmented into several key areas, each contributing to its overarching mission to provide reliable, sustainable, and cost-effective energy resources.
Segments of Operation:
1. LNG Infrastructure:
- NFE specializes in the development, construction, and management of liquefied natural gas (LNG) infrastructures, such as import and export terminals, and liquefaction facilities.
- The company has strategically established LNG terminals in key geographical locations, aiding in the global LNG supply chain. Noteworthy locations include Jamaica, Puerto Rico, Mexico, and Nicaragua, where they facilitate the transfer and processing of LNG to meet regional energy demands.
2. Power & Gas Supply:
- NFE plays a crucial role in supplying natural gas and electricity to commercial and industrial sectors.
- The company operates natural gas-fired power plants, which are designed to provide efficient and dependable energy sources, particularly for industries that are energy-intensive, such as mining, manufacturing, and transportation.
- Through its innovative solutions, NFE aims to ensure that businesses have access to stable energy supplies at competitive rates.
3. Renewable Energy:
- Committed to sustainability, NFE actively invests in renewable energy projects that focus on reducing carbon emissions.
- The company’s portfolio in this segment includes solar power, wind energy, and battery storage systems.
- NFE also operates various energy efficiency programs and demand response initiatives aimed at helping customers minimize their energy consumption and operational costs, thereby promoting a more sustainable energy usage pattern.
Products and Services Offered:
1. LNG Supply:
- NFE is a key supplier of LNG, sourcing it from multiple global sources to ensure diversity and reliability.
- The company provides regasification services that enable the transformation of LNG back into natural gas, making it suitable for customer use across various applications.
2. Natural Gas Supply:
- The natural gas supply service includes the delivery of gas to a variety of commercial and industrial consumers.
- NFE employs dedicated pipelines, virtual pipelines (which allow for transportation of gas via trucks or ships), and compressed natural gas (CNG) solutions to facilitate the distribution of natural gas.
3. Power Generation:
- NFEs operational capabilities extend to power generation through its network of natural gas-fired power plants.
- These facilities provide critical electricity services to essential operations, including hospitals, data centers, and manufacturing plants, ensuring high reliability and efficiency.
4. Renewable Energy Solutions:
- NFE offers an extensive array of renewable energy solutions that encompass the development, construction, and management of solar and wind power projects and energy storage systems.
- This segment not only supplies clean energy but also contributes to the diversification of energy sources for clients and the reduction of their carbon footprints.
5. Energy Efficiency & Demand Response Programs:
- Tailoring energy efficiency and demand response solutions to its clients, NFE helps enterprises optimize their energy usage and associated costs.
- These programs are designed to lower energy consumption, diminish operational expenses, and contribute positively to environmental stewardship by reducing overall carbon emissions.
Conclusion:
New Fortress Energy Inc. stands out in the energy sector by offering a comprehensive suite of products and services that cater to diverse client needs while focusing on sustainability. With its extensive infrastructure capabilities, reliable supply of natural gas and LNG, commitment to renewable energy, and innovative efficiency programs, NFE is well-positioned to help customers meet their energy goals while supporting global ecological initiatives.
Segments of Operation:
1. LNG Infrastructure:
- NFE specializes in the development, construction, and management of liquefied natural gas (LNG) infrastructures, such as import and export terminals, and liquefaction facilities.
- The company has strategically established LNG terminals in key geographical locations, aiding in the global LNG supply chain. Noteworthy locations include Jamaica, Puerto Rico, Mexico, and Nicaragua, where they facilitate the transfer and processing of LNG to meet regional energy demands.
2. Power & Gas Supply:
- NFE plays a crucial role in supplying natural gas and electricity to commercial and industrial sectors.
- The company operates natural gas-fired power plants, which are designed to provide efficient and dependable energy sources, particularly for industries that are energy-intensive, such as mining, manufacturing, and transportation.
- Through its innovative solutions, NFE aims to ensure that businesses have access to stable energy supplies at competitive rates.
3. Renewable Energy:
- Committed to sustainability, NFE actively invests in renewable energy projects that focus on reducing carbon emissions.
- The company’s portfolio in this segment includes solar power, wind energy, and battery storage systems.
- NFE also operates various energy efficiency programs and demand response initiatives aimed at helping customers minimize their energy consumption and operational costs, thereby promoting a more sustainable energy usage pattern.
Products and Services Offered:
1. LNG Supply:
- NFE is a key supplier of LNG, sourcing it from multiple global sources to ensure diversity and reliability.
- The company provides regasification services that enable the transformation of LNG back into natural gas, making it suitable for customer use across various applications.
2. Natural Gas Supply:
- The natural gas supply service includes the delivery of gas to a variety of commercial and industrial consumers.
- NFE employs dedicated pipelines, virtual pipelines (which allow for transportation of gas via trucks or ships), and compressed natural gas (CNG) solutions to facilitate the distribution of natural gas.
3. Power Generation:
- NFEs operational capabilities extend to power generation through its network of natural gas-fired power plants.
- These facilities provide critical electricity services to essential operations, including hospitals, data centers, and manufacturing plants, ensuring high reliability and efficiency.
4. Renewable Energy Solutions:
- NFE offers an extensive array of renewable energy solutions that encompass the development, construction, and management of solar and wind power projects and energy storage systems.
- This segment not only supplies clean energy but also contributes to the diversification of energy sources for clients and the reduction of their carbon footprints.
5. Energy Efficiency & Demand Response Programs:
- Tailoring energy efficiency and demand response solutions to its clients, NFE helps enterprises optimize their energy usage and associated costs.
- These programs are designed to lower energy consumption, diminish operational expenses, and contribute positively to environmental stewardship by reducing overall carbon emissions.
Conclusion:
New Fortress Energy Inc. stands out in the energy sector by offering a comprehensive suite of products and services that cater to diverse client needs while focusing on sustainability. With its extensive infrastructure capabilities, reliable supply of natural gas and LNG, commitment to renewable energy, and innovative efficiency programs, NFE is well-positioned to help customers meet their energy goals while supporting global ecological initiatives.
