New Fortress Energy Takes $6. 5 Billion Debt Plan to Court As the energy landscape shifts, another midstream company is grappling with the consequences of a changing industry.
New Fortress Energy, a privately held energy trading company, has taken its $6. 5 billion debt restructuring plan to court, sparking concerns about the broader implications for the energy sector.
Understanding New Fortress Energy's Debt Plan New Fortress Energy's debt plan involves swapping roughly $6. 5 billion in existing debts for new, longer term loans with more favorable interest rates.