# New Fortress Energy acquires Hygo Energy Transition and Golar LNG Partners

New Fortress Energy entered definitive agreements to acquire Hygo Energy Transition (Golar Power) for a US$3.1bn enterprise value and Golar LNG Partners for a US$1.9bn enterprise value, becoming Brazil's largest gas-to-power company.

- Type: Acquisition
- Announced: 2021-01-13
- Where: Sergipe state, Brazil
- Value: $3.10B
- Status: announced
- Products: gas-to-power, floating storage and regasification unit, LNG carriers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Golar LNG](https://endata.com/companies/936.md) (partner)
- [New Fortress Energy](https://endata.com/companies/52504.md) (acquirer)
- [Hygo Energy Transition](https://endata.com/companies/52505.md) (target)
- [Golar LNG Partners](https://endata.com/companies/52506.md) (target)
- [Stonepeak Infrastructure Fund II Cayman](https://endata.com/companies/52507.md) (partner)

## Sources

- [bnamericas.com](https://www.bnamericas.com/en/news/new-fortress-energy-acquires-golar-power), 2021-01-13: "The addition of Hygo will quickly expand our footprint in South America with three gas-to-power projects in Brazil's large and fast-growing market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.