New Fortress Energy Inc. has reached agreement on contract terms with the Third-Party Procurement Office (3PPO) and the Puerto Rico Public-Private Partnerships Authority (P3A) for the long-term supply of LNG to Puerto Rico. The contract is currently under review for approval by the Financial Oversight and Management Board of Puerto Rico (FOMB). The gas supply agreement (GSA) will provide a reliable and affordable supply of natural gas to Puerto Rico’s power system for a term of 7 years. We believe the development of new, efficient gas fired generation is the path to long term affordable and reliable power for Puerto Rico. NFE is excited for this next step in modernising the fuel infrastructure of Puerto Rico and is proud to continue building on our longstanding partnership with Governor González-Colón and the Government of Puerto Rico.”