An unknown buyer acquired a 2.997149% stake in New Fortress Energy Inc. (NasdaqGS:NFE) from Golar LNG Limited (NasdaqGS:GLNG) for approximately $250 million on April 6, 2022. Golar LNG Limited plans to remain a supportive shareholder for the foreseeable future. The sale is expected to raise net proceeds of approximately $250 million which Golar will seek to deploy to FLNG growth projects.

An unknown buyer completed the acquisition of a 2.997149% stake in New Fortress Energy Inc. (NasdaqGS:NFE) from Golar LNG Limited (NasdaqGS:GLNG) on April 6, 2022. New Fortress sold 6.2 million shares of our NFE common stock raising net proceeds of $253 million. We plan to use these proceeds to deploy FLNG growth projects and general corporate purposes. Following the sale of such shares, our remaining holdings in NFE common stock is 12.4 million.