New Fortress Energy gains on supply deal approval with Puerto Rico government
04/12/2025 22:21
** Shares of U.S. LNG firm New Fortress Energy NFE.O rise 20% to $1.67 after the bell ** NFE receives final approval from the Financial Oversight and Management Board for its seven-year gas supply deal with the Puerto Rican government ** Contract secures delivery of about 75 trillion British thermal units of natural gas ** Stock down 90.7% YTD (Reporting by Pranav Mathur in Bengaluru) ((Pranav.Mathur@thomsonreuters.com))