Brief: Excelerate Energy Advances Growth Strategy With Acquisition Of Jamaica Downstream LNG And Power Infrastructure Business From New Fortress Energy
March 27 (Reuters) - Excelerate Energy Inc EE.N: EXCELERATE ENERGY ADVANCES GROWTH STRATEGY WITH ACQUISITION OF JAMAICA DOWNSTREAM LNG AND POWER INFRASTRUCTURE BUSINESS FROM NEW FORTRESS ENERGY EXCELERATE ENERGY INC - ACQUISITION IS IMMEDIATELY ACCRETIVE TO EARNINGS PER SHARE EXCELERATE ENERGY- INTENDS TO FUND DEAL USING COMBINATION OF PERMANENT FINANCING & CASH-ON-HAND EXCELERATE ENERGY- HAS BACKSTOPPED FINANCING WITH AN $850 MILLION FULLY COMMITTED BRIDGE FACILITY Source text: ID:nBwc5ZLyra Further company coverage: EE.N ((Reuters.Briefs@thomsonreuters.com;))
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