NewFortress Energy Investor Update
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Why buy ships vs. leasing?
Acquisitions significantly de-risk our global shipping needs
Large scale vessels acquired
Our total portfolio needs(21),(22)
8 FSRU
4 FSU
Asset
Old Harbour, Jamaica
Sergipe, Brazil
Suape, Brazil
Barcarena, Brazil
Santa Catarina, Brazil
Pipeline Project
Pipeline Project
Pipeline Project
San Juan, Puerto Rico
La Paz, Mexico
Puerto Sandino, Nicaragua
General Transport
General Transport
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Vessels
Vessel Need
FSRU
FSRU
FSRU
FSRU
FSRU
FSRU
FSRU
FSRU
None (long-term)
FSU
FSU
FSU
FSU
*May not deploy these vessels for internal purposes
**Assumes the conversion of the Penguin and Celsius to FSRUS from FSUS
Note: Excludes mid and small scale vessel requirements
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9 FSRU
Vessel
Spirit
Freeze
NR Satu
Winter
Eskimo
Penguin
Celsius
Igloo
Nanook
Mazo
Princess
Grand
Maria
4 FSU
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Vessels
Size
FSRU (125k m³)
FSRU (125k m³)
FSRU (125k m³)*
FSRU (138k m³)
FSRU (160k m³)*
FSRU (160k m³)**
FSRU (160k m³)**
FSRU (170k m³)
FSRU (170k m³)
FSU (135k m³)
FSU (138k m³)
FSU (145k m³)
FSU (146k m³)
Total Cost to Lease: ~$215mm
Total Cost to Own: ~$150mm
Savings: ~$65mm (30%)
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