# New Fortress Energy

New Fortress Energy is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Assets under management:** Undisclosed
- **Website:** newfortressenergy.com
- **LinkedIn:** https://www.linkedin.com/company/new-fortress-energy

## Regulatory record

- **Reports private funds:** No

## About

We believe in the power of positive energy. Creating a world where the air is clean and the energy is green

## Sectors

- Infrastructure
- Energy Transition & Renewables

## People

- Wes Edens — Founder and CEO

## Questions

### What does New Fortress Energy actually own and operate?

NFE owns LNG import terminals, gas-fired power plants, and a fleet of floating LNG (FLNG) vessels. Current assets include facilities in Puerto Rico, Brazil (Barcarena and Santa Catarina), Mexico (Baja California Sur and Altamira), and the US Gulf of Mexico, plus a planned project in Ireland (per the firm).

### How does New Fortress Energy make money?

NFE earns revenue through long-term gas supply contracts, power purchase agreements, and LNG sales. It builds and operates the entire value chain — from liquefaction to power generation — and charges utilities and industrial customers for delivered gas and electricity.

### What is New Fortress Energy's relationship with Fortress Investment Group?

Wes Edens co-founded Fortress Investment Group in 1998 and remains co-chairman. New Fortress Energy was founded by Edens and is separate from Fortress, though some early NFE assets were originally held by Fortress-controlled funds. The two entities have disclosed related-party transactions in NFE's SEC filings.

### Does New Fortress Energy invest in other companies or funds?

No. NFE develops, owns, and operates its own infrastructure assets. It does not make passive investments in external funds or third-party companies. The joint venture with Apollo (Energos Infrastructure) was an asset-level partnership, not an investment vehicle for external capital.

### What is the AUM or market capitalization of New Fortress Energy?

As a publicly traded company, NFE does not report AUM. Its market capitalization fluctuates based on stock price. The company reported $3.6 billion in total assets as of year-end 2023 (per SEC filing), and its enterprise value is tied to its project portfolio and earnings.

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Last updated: 2026-06-03T20:00:00.000Z

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