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New Fortress dives into Brazil [NGW Magazine] Feb 8, 2021 3:10:pm Summary With market liberatisation on the way, Brazil represents a good growth opportunity for gas-to-power projects, supported by floating storage and regasification vessels. [NGW Magazine Volume 6, Issue 3] by: Brunno Braga To take advantage of the promising LNG market in Brazil, the US-based energy company New Fortress Energy (NFE) has made a big move into Latin America s largest oil and gas producing country: Brazil.  The company, with worldwide energy infrastructure operations, bought Hygo Energy Transition in a $5bn deal announced mid-January.  Hygo is a joint-venture between Golar LNG and Stonepeak Infrastructure Partners. With the purchase, NFE will acquire an operating floating storage and regasification unit (FSRU) terminal and a 50% interest in a 1.5-GW power plant in Sergipe as well as two other FSRU terminals with 1.2 GW of power in advanced stages in the South America

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