New Fortress Energy falls after Fast LNG unit goes offline
05/10/2026 17:34
BUZZ-New Fortress Energy falls after Fast LNG unit goes offline ** Shares of US LNG company New Fortress Energy NFE.O fall 14.3% to an all-time low of $5.63
** NFE says its Fast LNG unit is offline following a mechanical issue with the facility's gas turbine
** Company adds that it is actively working with the manufacturer of the turbine to return the FLNG unit to operation as soon as possible
** NFE expects the Fast LNG unit to return to service during Q4
** Including session's moves, stock down 90.1% YTD
(Reporting by Pooja Menon in Bengaluru)