Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced the pricing of its previously announced underwritten registered public offering of 6,956,522 shares of Class A common stock at a public offering price per share of $26.50. The size of the offering increased from the previously announced $150,000,000 of shares of common stock to $184,347,833 of shares of the company’s common stock, which represents the gross proceeds of the offering before the underwriting discount and estimated offering expenses. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,043,478 shares of its Class A common stock at the public offering price less the underwriting discounts and commissions. The offering is expected to close on or about April 2, 2025, subject to market and other customary closing conditions.
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Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) announced that it has commenced an underwritten public offering of $150 million of shares of its Class A common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
The company said that proceeds from the transaction, which marks a key step in its strategy to optimize asset portfolio and enhance financial flexibility, will be used to reduce its corporate debt and for general corporate purposes.
Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that it has entered into a definitive agreement with New Fortress Energy Inc. (“NFE”) (NASDAQ: NFE) under which Excelerate will acquire NFE’s business in Jamaica for $1.055 billion in cash.
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”), a leading provider of floating storage and regasification units (FSRUs) and liquefied natural gas (LNG) solutions, and Petrovietnam Gas Joint Stock Corporation (PV Gas), a subsidiary of Vietnam Oil and Gas Group (Petrovietnam), have signed a Memorandum of Understanding to collaborate on securing a reliable and stable supply of LNG sourced from the United States as early as 2026.
Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended December 31, 2024, of $0.06 per share of Class A common stock. The dividend is payable on March 27, 2025, to Class A common stockholders of record as of the close of business on March 12, 2025.
Excelerate Energy, Inc. (NYSE: EE) today announced that the Management team will host one-on-one investor meetings at the upcoming investor conferences:
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) will release its fourth quarter and full year 2024 results on Wednesday, February 26, 2025, following the close of U.S. financial markets. The earnings release and presentation for the fourth quarter and full year 2024 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.
Excelerate Energy, Inc. (NYSE: EE) today announced the appointment of Nisha D. Biswal to its Board of Directors (Board), effective January 21, 2025. Ms. Biswal will serve on the Audit and Nominating and Corporate Governance Committees.
Excelerate Energy, Inc. (NYSE: EE) (the “Company” or “Excelerate”) today announced that on December 28, 2024, the Company safely completed its 3,000th LNG ship-to-ship (STS) operation since the start of STS operations in 2007. The milestone was achieved onboard Excelerate’s floating storage and regasification unit (FSRU) Excellence which received a cargo delivery from Maran Gas Maritime Inc.’s liquified natural gas (LNG) carrier, the Maran Gas Asclepius, at the Moheshkhali Floating LNG (MLNG) terminal in Bangladesh.
Excelerate Energy, Inc. (NYSE: EE) today announced that Steven Kobos, President and Chief Executive Officer, will host one-on-one investor meetings at the upcoming investor conference:
Excelerate Energy, Inc. (NYSE: EE) today announced that the Management team will host one-on-one investor meetings at the Capital One Securities Energy Conference.
