u/Aggravating_Lychee99

$NFE Puerto Rico Contracts Approved by FOMB

NFE secured FOMB-approved 7-year LNG sales contract worth $3B with Puerto Rico's PREC, ending week-by-week delivery limbo and providing critical revenue for a company near bankruptcy. The deal represents the long-awaited catalyst after debt covenant violations and renegotiations, with new board alignment potentially accelerating closure.