
New Fortress Energy Inc. (NASDAQ:NFE) (&#34;NFE&#34; or the &#34;Company&#34;) refers to its previous announcements in relation to the consensual UK Restructuring Plan (the &#34;UK RP&#34;) between its subsidiaries, NFE Global Holdings

<p xmlns="http://www.w3.org/1999/xhtml">
New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFE">NFE</a>) ("NFE" or the "Company") refers to its previous announcements in relation to the consensual UK Restructuring Plan (the &#34;UK RP&#34;) between its subsidiaries, NFE Global Holdings Limited ("NFE Global") and NFE Brazil Newco Limited ("NFE Brazil", together with NFE Global, the "Plan Companies"), and certain of their creditors (the &#34;Plan Creditors&#34;).

</p><p xmlns="http://www.w3.org/1999/xhtml">
NFE is pleased to announce that the UK RP has been approved today at a hearing in the High Court of Justice of England and Wales before Mr. Justice Cawson, where the Plan Companies were granted an order sanctioning the UK RP, which are two inter-conditional restructuring plans proposed by each of the Plan Companies (the "Sanction Order"). The Sanction Order will shortly be filed with the Registrar of Companies and the UK RP will become effective in accordance with its terms.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Plan Creditors showed overwhelming support for the UK RP at the meetings of Plan Creditors convened earlier this week on June 15, with 99% of Plan Creditors voting in favor of the UK RP and unanimous consent obtained in nearly all classes of Plan Creditors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Next steps</span>

</p><p xmlns="http://www.w3.org/1999/xhtml">
A hearing before the United States Bankruptcy Court of the Southern District of New York to confirm the recognition of the UK RP will be held on June 26, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The transactions contemplated by the UK RP are expected to be implemented by the third quarter of 2026, subject to the satisfaction of customary conditions and regulatory approvals.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Creditors should contact the Information Agent at <a href="mailto:nfe@is.kroll.com">nfe@is.kroll.com</a> with any questions on accessing the Plan Documentation, the Sanction Order or the Recognition Order – including to request provision of hard or electronic copies.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">NFE Global Holdings Limited
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Suite 1, 7th Floor
<br xmlns="http://www.w3.org/1999/xhtml"></br>50 Broadway
<br xmlns="http://www.w3.org/1999/xhtml"></br>London, SW1H 0BL
<br xmlns="http://www.w3.org/1999/xhtml"></br>United Kingdom

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">NFE Brazil Newco Limited
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Suite 1, 7th Floor
<br xmlns="http://www.w3.org/1999/xhtml"></br>50 Broadway
<br xmlns="http://www.w3.org/1999/xhtml"></br>London, SW1H 0DB
<br xmlns="http://www.w3.org/1999/xhtml"></br>United Kingdom

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About New Fortress Energy Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFE">NFE</a>) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company's assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release includes "forward-looking statements," within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words "may," "will," "could," "expect," "anticipate," "believe," "estimate," "plan," "intend," "aim" and similar expressions in this press release to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements, include, but are not limited to, statements related to the transaction described above, including the Company's ability to complete the transaction on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company's ability to realize the intended benefits of the transaction. The Company's actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company's reports filed with the SEC, including in the section entitled "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and the section entitled "Risk Factors" in Part II, Item 1A of the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this press release or to reflect the occurrence of unanticipated events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260618098810r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260618098810/en/" rel="nofollow">https://www.businesswire.com/news/home/20260618098810/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors
<br xmlns="http://www.w3.org/1999/xhtml"></br>ir@newfortressenergy.com

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media
<br xmlns="http://www.w3.org/1999/xhtml"></br>press@newfortressenergy.com

</p>

New Fortress Energy Inc. Announces Approval of UK Restructuring Plan

UK Restructuring Plan Sanctioned, Paving Path to 2026 Settlement for NFE

New Fortress Energy said ​on Thursday a UK court approved ‌a restructuring plan for two of its subsi...

New Fortress Energy secures UK court approval for restructuring plan

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>New Fortress Energy Inc. (NASDAQ:NFE) (&amp;#34;NFE&amp;#34; or the &amp;#34;Company&amp;#34;) refers to its previous announcements in relation to the consensual UK Restructuring Plan (the &amp;#34;UK RP&amp;#34;) between its subsidiaries, NFE Global Holdings</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>NFE announced the UK Restructuring Plan for NFE Global and NFE Brazil has been sanctioned by the High Court of England and Wales with 99% creditor support. A US recognition hearing is set for June 26, 2026, and the transactions are expected to close by Q3 2026, potentially reducing liabilities and restoring liquidity. Success hinges on cross-border recognition and regulatory approvals.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>UK restructuring plan sanctioned. Sanction order will be filed shortly.</li><li>Plan Creditors backed the UK RP. 99% voted in favor.</li><li>US recognition hearing set for June 26, 2026. Cross-border execution risk remains.</li><li>Transactions under UK RP expected to close by Q3 2026. Subject to regulatory approvals.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>New Fortress Energy Inc. (NFE)</strong>: Primary beneficiary; sanction advances restructuring, potentially improving liquidity and reducing default risk.</li><li><strong>NFE Global Holdings Limited (N/A)</strong>: UK subsidiary forming part of plan; sanction moves toward execution and cross-border recognition.</li><li><strong>NFE Brazil Newco Limited (N/A)</strong>: Brazil unit included in UK RP; plan execution contingent on recognition and regulatory approvals.</li><li><strong>Plan Creditors (N/A)</strong>: Overwhelming support (99%) reduces restructuring uncertainty.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. The article covers a court-sanctioned restructuring plan and cross-border recognition, a legal/regulatory event with material implications for NFE&#039;s liabilities and liquidity runway.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>UK RP sanction reduces insolvency risk and improves balance-sheet clarity.</li><li>US recognition hearing set for June 26, 2026 keeps cross-border timing in focus.</li><li>Q3 2026 closing target could unlock liquidity and contractual relief.</li><li>Creditor support (99%) signals credibility and lowers reorganization risk premium.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>June 18, 2026: UK RP sanction announced.</li><li>June 15, 2026: Plan Creditors vote 99% in favor.</li><li>June 26, 2026: US Bankruptcy Court recognition hearing.</li><li>Q3 2026: UK RP transactions expected to be implemented.</li><li>Plan Companies: NFE Global Holdings Limited and NFE Brazil Newco Limited.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish near-term on reduced insolvency risk and clarity of the path to liquidity by Q3 2026.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFE">NFE</a>) ("NFE" or the "Company") refers to its previous announcements in relation to the consensual UK Restructuring Plan (the &#34;UK RP&#34;) between its subsidiaries, NFE Global Holdings Limited ("NFE Global") and NFE Brazil Newco Limited ("NFE Brazil", together with NFE Global, the "Plan Companies"), and certain of their creditors (the &#34;Plan Creditors&#34;).

</p><p xmlns="http://www.w3.org/1999/xhtml">
NFE is pleased to announce that the UK RP has been approved today at a hearing in the High Court of Justice of England and Wales before Mr. Justice Cawson, where the Plan Companies were granted an order sanctioning the UK RP, which are two inter-conditional restructuring plans proposed by each of the Plan Companies (the "Sanction Order"). The Sanction Order will shortly be filed with the Registrar of Companies and the UK RP will become effective in accordance with its terms.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Plan Creditors showed overwhelming support for the UK RP at the meetings of Plan Creditors convened earlier this week on June 15, with 99% of Plan Creditors voting in favor of the UK RP and unanimous consent obtained in nearly all classes of Plan Creditors.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Next steps</span>

</p><p xmlns="http://www.w3.org/1999/xhtml">
A hearing before the United States Bankruptcy Court of the Southern District of New York to confirm the recognition of the UK RP will be held on June 26, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The transactions contemplated by the UK RP are expected to be implemented by the third quarter of 2026, subject to the satisfaction of customary conditions and regulatory approvals.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Creditors should contact the Information Agent at <a href="mailto:nfe@is.kroll.com">nfe@is.kroll.com</a> with any questions on accessing the Plan Documentation, the Sanction Order or the Recognition Order – including to request provision of hard or electronic copies.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">NFE Global Holdings Limited
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Suite 1, 7th Floor
<br xmlns="http://www.w3.org/1999/xhtml"></br>50 Broadway
<br xmlns="http://www.w3.org/1999/xhtml"></br>London, SW1H 0BL
<br xmlns="http://www.w3.org/1999/xhtml"></br>United Kingdom

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">NFE Brazil Newco Limited
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Suite 1, 7th Floor
<br xmlns="http://www.w3.org/1999/xhtml"></br>50 Broadway
<br xmlns="http://www.w3.org/1999/xhtml"></br>London, SW1H 0DB
<br xmlns="http://www.w3.org/1999/xhtml"></br>United Kingdom

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About New Fortress Energy Inc.</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
New Fortress Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NFE">NFE</a>) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company's assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Cautionary Statement Regarding Forward-Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This press release includes "forward-looking statements," within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act of 1934, as amended, including, in particular, any statements about our plans, strategies, objectives, initiatives, roadmap and prospects. We generally use the words "may," "will," "could," "expect," "anticipate," "believe," "estimate," "plan," "intend," "aim" and similar expressions in this press release to identify forward-looking statements. We have based these forward-looking statements on our current views with respect to future events and financial performance. Actual results could differ materially from those projected in the forward-looking statements. These forward-looking statements, include, but are not limited to, statements related to the transaction described above, including the Company's ability to complete the transaction on the terms contemplated by the RSA, on the timeline contemplated or at all, and the Company's ability to realize the intended benefits of the transaction. The Company's actual results may differ materially from those anticipated in these forward-looking statements as a result of certain risks and other factors. Additional risks that could cause future results to differ from those expressed by any forward-looking statement are described in the Company's reports filed with the SEC, including in the section entitled "Risk Factors" in Part I, Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and the section entitled "Risk Factors" in Part II, Item 1A of the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026. You should not put undue reliance on any forward-looking statements. You should understand that many important factors, including those identified herein, could cause our results to differ materially from those expressed or suggested in any forward-looking statement. Except as required by law, we do not undertake any obligation to update or revise these forward-looking statements to reflect new information or events or circumstances that occur after the date of the filing of this press release or to reflect the occurrence of unanticipated events or otherwise.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260618098810r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260618098810/en/" rel="nofollow">https://www.businesswire.com/news/home/20260618098810/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Investors
<br xmlns="http://www.w3.org/1999/xhtml"></br>ir@newfortressenergy.com

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media
<br xmlns="http://www.w3.org/1999/xhtml"></br>press@newfortressenergy.com

</p>

NFE announced the UK Restructuring Plan for NFE Global and NFE Brazil has been sanctioned by the High Court of England and Wales with 99% creditor support. A US recognition hearing is set for June 26, 2026, and the transactions are expected to close by Q3 2026, potentially reducing liabilities and restoring liquidity. Success hinges on cross-border recognition and regulatory approvals.

New Fortress Energy Inc. Announces Approval of UK Restructuring Plan

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

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