#new fortress energy Tech News.
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DevTheStreetabout 3 hours ago
Major gas and energy company files for bankruptcyNew Fortress Energy filed for bankruptcy through a UK-based subsidiary structure. The move departs from typical U.S.-based energy bankruptcies that leave shareholders with nothing. The filing involves two indirect subsidiaries and leverages UK legal frameworks. The outcome for investors remains uncertain pending court proceedings in both the U.S. and UK.
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