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  "documentTitle": "NewFortress Energy | Results Presentation Deck | 48 slides",
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  "presentationDate": "2024-02-01 00:00:00",
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      "text": "Transaction highlights\nAnnounced acquisition of ~1.6 GW PPA in Brazil from Ceiba Energy, a portfolio company of Denham Capital in Q4 2023(16)\nPPA provides NFE high-quality contracted cash flows\n15-year term\nFixed capacity payment equivalent to USD ~$280mm(i)\nGas price ~120% of JKM when dispatched\nHighly advantaged capital cost of ~$525/kw",
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      "text": "Key updates\nNFE will transfer PPA to a site adjacent to the Barcarena terminal\nTransaction closing expected in Q1 2024 upon regulatory approval\nIssue up to $125mm in NFE Convertible Preferred Stock upon closing(16)",
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      "text": "Leverages existing infrastructure for opportunistic growth\n1. Uniquely positioned to implement PPA at existing Barcarena site\n2. Baseload gas supply enables dispatch to grid on short notice\n3. Significant operational leverage from existing customer base",
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      "text": "$280mm annual capacity payment +\n120% JKM gas price when dispatched (32)",
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      "text": "Customers & Terminals Update",
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      "text": "(i) Assumption for 2026 based on 2021 PPA terms + expected inflation (IPCA)",
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      "text": "Fully contracted, 15-year PPA with fixed revenues, plus significant upside on gas margin when dispatched",
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      "text": "NFE to acquire 1.6 GW, 15-yr power contract to be constructed at Barcarena",
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