New Fortress Energy Inc. (NFE) announced on October 29, 2026, that it has entered into an agreement to lease ten mobile turbines capable of generating up to 300 megawatts of power. The lessee is a United States-based investment-grade company. The lease agreement covers an initial period of five years.
According to the filing, the turbines are scheduled to be delivered in stages, beginning in the fourth quarter of 2026, with final delivery expected in the first quarter of 2027. The company stated that the transaction is anticipated to be accretive to earnings and will enhance its liquidity profile.
In a separate update regarding its liquefaction operations, New Fortress Energy confirmed that its FLNG 1 liquefier remains on track to return to service in the fourth quarter of 2026. This timeline is based on the company's most recent discussions with the turbine manufacturer.
