Excelerate Energy Raises FY 2025 Adjusted EBITDA Guidance to $420-$440 Million Following Jamaica Acquisition
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Excelerate Energy Inc. has raised its FY 2025 Adjusted EBITDA guidance to $420-$440 million following the acquisition of New Fortress Energy Inc.'s business in Jamaica. The integration of Jamaican operations is on track, achieving reliability and operational performance targets. Excelerate also filed a Form 8-K/A with pro forma financial results reflecting the acquisition. This move is part of Excelerate's strategy to strengthen its last-mile energy infrastructure position. A slide presentation detailing the financial results and updated guidance is available on their investor relations website.
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