Business
New Fortress Energy Inc. Announces Court Approval to Convene Plan Meetings
NEW YORK, May 18, 2026--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") is pleased to announce that it has achieved the next step in the implementation of a consensual UK Restructuring Plan ("UK RP"). 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 (the "Convening Order").
About this update from New Fortress Energy Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":3738,"height":967,"url":"https://media.zenfs.com/en/business-wire.com/98da4865a4f5fd1cdbae2194d9ae0eef"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/A0tXwQ0fm_9iFxUWvRyuDA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTI0OA--/https://media.zenfs.com/en/business-wire.com/98da4865a4f5fd1cdbae2194d9ae0eef","width":960,"height":248},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/ECo09KpcO7v.u.sD87A8iA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE2Ng--/https://media.zenfs.com/en/business-wire.com/98da4865a4f5fd1cdbae2194d9ae0eef","width":640,"height":166},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/bC3IhX7qbboGv8G5gj1rnA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD02MjA-/https://media.zenfs.com/en/business-wire.com/98da4865a4f5fd1cdbae2194d9ae0eef","width":1200,"height":310}},"lazy":false},{"type":"text","content":"NEW YORK, May 18, 2026--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ: NFE) ("NFE" or the "Company") is pleased to announce that it has achieved the next step in the implementation of a consensual UK Restructuring Plan ("UK RP"). 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 (the "Convening Order").","length":475,"tagName":"p"},{"type":"text","content":"NFE previously announced on March 17, 2026, that it entered into a Restructuring Support Agreement ("RSA") 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.","length":378,"tagName":"p"},{"type":"text","content":"Plan Meetings and Next Steps","length":28,"tagName":"p"},{"type":"text","content":"In accordance with the Convening Order, the Plan Companies have made the Explanatory Statement available to Plan Creditors on the website maintained by Kroll: https://deals.is.kroll.com/nfe. Further details, including information on how Plan Creditors submit a vote, are set out in the Explanatory Statement.","length":308,"tagName":"p"},{"type":"text","content":"The deadl...