New Fortress Energy Inc. has announced plans to spin-off the majority of its midstream liquefied natural gas business (LNG) into a new joint venture with Apollo Global Management Inc. as it focuses on its own Fast LNG infrastructure. New York-based NFE disclosed its plans to sell 11 LNG assets to the new joint venture in…
Articles from Apollo
Double Eagle, Apollo Launching Permian E&P
Private equity (PE) giant Apollo Global Management LLC is teaming up again with Double Eagle Development LLC to create a Permian Basin-focused explorer.
August 23, 2017
Apollo, Warburg Taking More Bets on U.S. Onshore
Private equity (PE) money is continuing to flow into prospective Lower 48 operations, with two deals announced over the past few days that together are worth more than $1 billion.
June 5, 2014
Energy Trader, Equity Partners Finance GOM Deal
Energy trading house Freepoint Commodities LLC and two private equity (PE) partners on Monday agreed to provide $110 million to Whistler Energy II LLC to buy two producing blocks in the deepwater Gulf of Mexico (GOM).
August 20, 2013