** U.S. LNG company New Fortress Energy's NFE.O shares rise 8.5% to $12.01 premarket
** Company to sell its assets and operations in Jamaica for $1.06 billion to Excelerate Energy EE.N
** Includes sale of its LNG import terminal in Montego Bay, offshore floating storage and regasification terminal in Old Harbour and a 150 megawatt combined heat and power plant in Clarendon
** Proceeds from the deal will be used to reduce NFE’s corporate debt and for general corporate purposes
** Transaction is expected to close in 2Q25
** Up till last close, stock down 26.8% YTD
(Reporting by Pooja Menon in Bengaluru)
((Pooja.Menon@thomsonreuters.com;))
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