New Fortress Energy Inc. (NFE) Discusses Debt for Equity Exchange and Consensual Restructuring Plan Prepared Remarks Transcript

SA Transcripts159.03K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call New Fortress Energy Inc. (NFE) Discusses Debt for Equity Exchange and Consensual Restructuring Plan March 18, 2026 8:30 AM EDT Company Participants Kevin SullivanWesley Edens - Founder, Chairman & CEOChristopher Guinta - Chief Financial Officer Presentation Operator Good day, and welcome to the NFE Informational Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Kevin Sullivan, General Counsel. Please go ahead.

Kevin Sullivan Thank you. Good morning, everyone. Thank you for joining today's conference call, where we will discuss the transaction we announced yesterday. This call is being recorded and will be available by replay on the Investors section of our website under the subheading Events and Presentations. At the same location, you will find a presentation that we will walk through on today's call. Please review this as it includes important information on forward-looking statements and non-GAAP measures. Now I'll hand it over to Wes Edens, our Chief Executive Officer. Wesley EdensFounder, Chairman & CEO Great. Great. Thanks, Kevin, and welcome, everybody. So I'm going to refer to the slide deck that we posted to our web page that hopefully you'll have in front of you. And myself and Chris will make some remarks to give you an update on the big news from yesterday. So let's start on Page #3. The transaction we announced yesterday was a significant one. We completed a debt for equity exchange at NFE. The plan is a consensual one agreed to by our major counterparties on the debt side and eventually, we expect to be approved by our shareholders and is one of the most successful and largest consensual restructurings ever completed. This transaction utilizes a U.K. process called the U.K. RP that allows us to exchange debt for equity with our various creditors while continuing to run our