Category: Investor

Wes Edens of New Fortress Energy Raises the Borrowing Capacity of the Shipping Facility 

November 17, 2021

The good news to the Shipping Facility is that they can now borrow approximately 725 million dollars from the New Fortress Energy up from 430 million dollars. The loan facility will be secured by the company’s 8 vessels and will only attract a 3.00% interest rate LIBOR that is subject to 0.0% LIBOR. It has…

what we can expect from congress this year, according to Jake Madwell

August 1, 2021

After a hard, long battle with Covid-19, the U.S finally successfully lowered its infection rate. As the country is beginning to reopen, everyone is keeping a watchful eye on the economy. Employment numbers for April were lower than expected. Inflation is slowly increasing, reaching rates that we have only seen since the great recession in…