New Fortress Energy Advances Construction of LNG Terminal in Mexico
New Fortress Energy continues to advance construction of a liquefied natural gas (LNG) receiving and regasification terminal in the port of Pichilingue, Baja California Sur, Mexico.
Over the past months, marine work has been underway at the site of the terminal. With all the necessary permits obtained for onshore construction of the power plant, additional equipment, materials, and workers will be deployed to the site to expedite completion of the project.
“The BCS Government is in full readiness to achieve an energy transition that promotes new public and private investments in this sector, under a sustainability scheme that helps to avoid harming the environment,” said Governor Carlos Mendoza Davis.
The facility is being constructed with power generation to provide low-cost electricity and truck loading bays for the supply of LNG to local hotel and industrial customers.
“With the project well underway, we are closer to introducing more affordable and cleaner energy for Baja California Sur. We have witnessed how LNG supply can become a catalyst for energy diversification and economic development and look forward to seeing similar results,” said New Fortress Chairman and CEO, Wes Edens.
“The LNG terminal at Pichilingue port is an important infrastructure project that will undoubtedly bring significant benefits to Baja California Sur,” said José López Soto, director of Port Authority Administration of Baja California Sur.
About New Fortress Energy
New Fortress Energy is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities. New Fortress Energy is majority-owned by a fund managed by an affiliate of Fortress Investment Group.
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