SCHEDULE 13D/AFiling Date: Sep 15, 2026
New Fortress Energy Inc. (NFE)
Beneficial Ownership (Active)
View SEC Filing
ACC: 0001749723-26-000139
Stake
Wesley R. Edens
ActiveAmendment #8
Class A Common StockCUSIP 644393100
Percent20.50%
Shares3.86M
Event dateSep 11
Sole voting / Sole dispositive3.86M / 1.31M
Shared voting / Shared dispositive0 / 0
Source of fundsThe information in comments to Item 1 and Item 4 of this Amendment is hereby incorporated by reference into this Item 3.
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Deep Analysis
Wesley R. Edens reports a 20.5% active stake (3,861,959 Class A shares) in New Fortress Energy via Amendment No. 8 to his 13D, built through the company's restructuring — a discounted ~$110M Term Loan A purchase plus Class A and Series A Mandatorily Convertible Preferred acquired from existing creditors.
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Original SEC Filing Text expand_more
=== SEC Schedule 13D — Beneficial Ownership ===
Issuer: New Fortress Energy Inc.
Issuer CIK: 0001749723
Class: Class A Common Stock
CUSIP: 644393100
Event Date: 2026-09-11
Amendment: yes #8
--- Reporting Persons ---
- Wesley R. Edens (0001124460) 3861959.00 sh 20.5% IN
--- Item 3 Source of Funds ---
The information in comments to Item 1 and Item 4 of this Amendment is hereby incorporated by reference into this Item 3.
--- Item 4 Purpose of Transaction ---
On March 17, 2026, in connection with the Restructuring Transaction, the Issuer and certain of its subsidiaries entered into a restructuring support agreement (the "RSA") with certain of its lenders and noteholders. The RSA sets forth the principal terms for the comprehensive corporate and organizational restructuring of the Issuer, and the financial restructuring of the Issuer's principal funded debt obligations.
Pursuant to the terms of the RSA, upon consummation of the Restructuring Transaction, the Reporting Person purchased from certain of the Issuer's existing creditors (i) 28,313 Class A Shares and (ii) 6,671 shares of the Issuer's Series A Mandatorily Convertible Preferred Stock ("Preferred Shares"), which carry voting rights on an as-converted to Class A Shares basis, for aggregate consideration of $1,667,985.02. Unless redeemed earlier by the Issuer, the Preferred Shares will be automatically converted on the third anniversary of the closing of the Restructuring Transaction into 46.441271 Class A Shares (subject to adjustment) per Preferred Share. The foregoing description of the Preferred Shares does not purport to be complete and is qualified in its entirety by reference to the Certificate of Designations Series A Mandatorily Convertible Preferred Stock of New Fortress Energy Inc., a copy of which is attached hereto as Exhibit 1 and is incorporated herein by reference.
Additionally, on March 31, 2026, the Reporting Person purchased approximately $110 million aggregate principal amount of the loans issued pursuant to the Term Loan A Credit Agreement, as amended (originally filed with the Issuer's Quarterly Report on Form 10-Q filed with the SEC on August 9, 2024), at a discount, and in connection therewith, the Reporting Person entered into a restructuring support agreement (the "Support Agreement") with the Issuer pursuant to which the Reporting Person agreed to support the Restructuring Transaction on substantially the same terms as agreed to between the Issuer and its key creditors under the RSA. By virtue of his ownership of such loans, the Reporting Person received a pro rata portion of the consideration received by the lenders under the Term Loan A Credit Agreement pursuant to the Restructuring Transaction upon the consummation thereof. Such consideration consisted of, among other things, (i) 208,588 Class A Shares and (ii) 48,288 Preferred Shares.
The foregoing descriptions of the RSA and Support Agreement do not purport to be complete and are qualified in their entirety by reference to the RSA and Support Agreement, a copy of which is attached hereto as Exhibit 2 and is incorporated herein by reference.