Cashing in: Golar sells $250 million stake in New Fortress as LNG market booms

Sale comes as stock prices on back of 90% hike in New Fortress stock price since Russia invaded Ukraine

Good times: New Fortress Energy founder and chief executive Wes Edens (centre-right) at the New York Stock Exchange in 2019 — Good times: New Fortress Energy founder and chief executive Wes Edens (centre-right) at the New York Stock Exchange in 2019Photo: NEW FORTRESS ENERGY

Iain Esau

London

Published 7 April 2022, 08:46Updated 13 April 2022, 06:27

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