New Fortress Energy in Forbearance Talks as Debt Deadline Looms

Wes Edens’ New Fortress Energy Inc. is in talks with creditors over a forbearance agreement as it runs out of time to pay interest due on some of its debt...

By Reshmi Basu · Bloomberg Markets

Wes Edens’ New Fortress Energy Inc. is in talks with creditors over a forbearance agreement as it runs out of time to pay interest due on some of its debt amid struggles with project delays and cash flow.