SCHEDULE 13G/A: BlackRock Reports 9.8% Stake in New Fortress Energy

BlackRock, Inc. has reported a 9.8% beneficial ownership stake in New Fortress Energy Inc.'s Class A Stock as of December 31, 2025.

Summary

• BlackRock, Inc. has filed an Amendment No. 1 to Schedule 13G, reporting its beneficial ownership in New Fortress Energy Inc.
• As of December 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 27,907,624 shares of New Fortress Energy Inc.'s Class A Stock.
• This aggregate amount represents 9.8% of the total outstanding Class A Stock.
• BlackRock holds sole voting power over 27,598,485 shares and sole dispositive power over 27,907,624 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
• One of BlackRock's entities, iShares U.S. Infrastructure ETF, holds more than five percent of the total outstanding common stock of New Fortress Energy Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While a 13G is a factual report, a significant stake by a major institutional investor like BlackRock can be viewed positively by the market as a vote of confidence, even if passive.

Positives

• Significant institutional ownership by BlackRock, a major global asset manager, may signal confidence in New Fortress Energy Inc.'s long-term prospects.
• The filing explicitly states that the shares were acquired in the ordinary course of business and not for control purposes, suggesting a passive investment strategy.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from the issuer or the reporting entity regarding future performance or operations.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

BlackRock's substantial investment in New Fortress Energy Inc., an energy company, reflects ongoing institutional interest in the energy sector. Such large passive stakes by major asset managers are common and often indicate a belief in the long-term value proposition of the underlying company within its industry.

Corporate Governance

Related Party Transactions

• iShares U.S. Infrastructure ETF, an entity managed by BlackRock, Inc., holds more than five percent of the total outstanding common stock of New Fortress Energy Inc.

Stakeholder Impact

• Shareholders: Increased institutional ownership may enhance market liquidity and potentially signal long-term stability or confidence in the company's value.
• Management: The passive nature of BlackRock's investment, as certified, suggests no immediate pressure for strategic or operational changes from this significant shareholder.

Key Dates

Keywords

New Fortress Energy, BlackRock, NFE, Institutional Ownership, Schedule 13G, Class A Stock, Beneficial Ownership, Energy Sector, Investment Management