Excelerate Energy

04/30/2026

Excelerate Energy Marks One Year in Jamaica: Strengthening Energy Security Through LNG and Partnerships

Excelerate Energy and the U.S. Embassy co-hosted a reception marking one year of the company’s operations in Jamaica and serving as the kickoff celebration on the island commemorating 250 years of American independence. Charge d’Affaires Scott Renner and Excelerate CEO Steven Kobos welcomed leaders from Jamaican government, business, and civil society to the U.S. Ambassador’s residence in Kingston.

Guest of Honor Minister of Foreign Affairs Kamina Johnson Smith shared a message from Prime Minister Andrew Holness recognizing Excelerate’s contributions to Jamaica’s energy security and stabilizing power costs. Johnson Smith emphasized the importance of working with the right partners like Excelerate and acknowledged the progress the United States and Jamaica were making in the energy sector.

Renner highlighted Excelerate’s commitment to Jamaica, pointing to the company’s 2025 $1 billion investment and post-Hurricane Melissa relief efforts. “American investments like this one by Excelerate, reflect the strength of that long-standing partnership between the U.S. and Jamaica.”

The audience, which included the who’s who of the Jamaican business community, applauded Kobos’ remarks about the company’s plans to expand its regional liquefied natural gas (LNG) platform and the importance of Jamaican employees to Excelerate’s global operations.

04/01/2026

Yesterday in Ulsan, South Korea, we marked an exciting milestone with the naming ceremony for our newest floating storage and regasification unit (FSRU), officially named “Excelerate Acadia.”

Held at the HD Hyundai Heavy Industries (HHI) Main Yard, the ceremony celebrated maritime tradition and the teamwork behind building a modern FSRU designed to support long‑term LNG import and regasification operations. The vessel incorporates leading edge technology including cargo containment system with the lowest boil off rate in the industry. We’re also proud that she was constructed with zero lost time injuries.

Deborah Byers, member of our board of directors and the vessel’s godmother, performed the ceremonial name giving and champagne bottle breaking.

This milestone also reinforces our engagement with leading global shipbuilders and our commitment to energy security. Thank you to our partners at HD Hyundai Heavy Industries and to the teams across Excelerate who contributed to this achievement.

03/16/2026

Excelerate CEO Steven Kobos spoke on a plenary panel at the Indo-Pacific Energy Security Ministerial and Business Forum (IPEM) in Tokyo. He shared insights on LNG as a unique commodity for resilience and growth, encouraging energy ministers and policymakers to invest in the infrastructure required to access the oncoming wave of abundant and affordable energy. Joining Kobos on the panel were Balaji Krishnamurthy, Managing Director of Chevron Australia; Giovanni Carlo Barcordo, Philippines Undersecretary of Energy; Dan Lipman, President Global Business Initiatives of Westinghouse; and Audrey Robertson, U.S. Assistant Secretary of Energy. Excelerate thanks the Governments of the United States and Japan for convening leaders from across the Indo-Pacific for this important forum.

01/30/2026

Excelerate Energy was honored to join the Honorable Prime Minister Narendra Modi for a roundtable with global energy leaders during India Energy Week. The discussion highlighted India’s vision for its energy future and the vital role that reliable downstream LNG infrastructure will play in supporting the country’s growing demand for cleaner, more efficient fuel.

CEO Steven Kobos also met with Minister of Petroleum and Natural Gas Hardeep Singh Puri and U.S. Ambassador to India Sergio Gor, who expressed strong support for Excelerate’s entry into the Indian market.

This week marked an important milestone as Excelerate advanced its strategic partnership with Invenire Petrodyne Limited. Through a new joint development agreement, our consortium has secured long‑term access to a 25‑acre waterfront site at the Syama Prasad Mookerjee Port in Haldia, West Bengal, enabling the development of a world-class integrated LNG import terminal that can serve India’s energy needs for decades to come.

India is one of the world’s fastest‑growing economies, and natural gas will play an increasingly important role in supporting industrial growth, power generation, and the country’s ambitions for cleaner, more resilient energy systems. Reliable downstream LNG infrastructure—paired with scalable development pathways—will be essential to meeting this demand.

Excelerate Energy is proud to bring its global experience in integrated LNG and power infrastructure to this partnership. We remain committed to supporting India’s long‑term energy security, industrial development, and economic growth.

We extend our sincere appreciation to Prime Minister Narendra Modi, the Government of India, the U.S. Mission to India, and our partners at Invenire Petrodyne Limited for their leadership and confidence.

01/27/2026

Excelerate's CEO Steven Kobos joined a leadership panel at India Energy Week in Goa, alongside industry peers from GAIL (India) Limited and ADNOC Gas. In his remarks, Steven emphasized the growth of global LNG supply and the need for integrated solutions that facilitate access to affordable energy in the Global South. Excelerate's track record of developing and operating LNG and power infrastructure has helped countries achieve energy security, supply diversification, and sustainable economic growth.

01/26/2026

Hull 3407 Completes Successful Sea Trials

Hull 3407 has returned from sea trials after successfully completing major performance and safety tests — an important step as we prepare the vessel for deployment to Excelerate’s integrated LNG import terminal in Iraq.

Built at the HD Hyundai Heavy Industries (HHI) shipyard in South Korea, Hull 3407 reflects the expertise of our engineering and operations teams and underscores a broader reality: the world needs more flexible LNG regas infrastructure to strengthen energy security and meet growing demand. Purpose-built FSRUs like Hull 3407 help countries add reliable gas supply quickly and responsibly.

Next up: gas trials in late February as we continue progressing toward delivery.

12/23/2025

Excelerate Energy is proud to be a part of the New York Stock Exchange holiday tree! For the third consecutive year, we’re honored to participate in the NYSE Global Giving campaign and support Project C.U.R.E., helping deliver critical medical supplies to communities in need worldwide, including a recent shipment of hospital beds and emergency medical supplies to Jamaica following the devastation of Hurricane Melissa. Check out our ornament on the iconic NYSE tree and join us in spreading holiday cheer to those who need it most.

08/04/2025

Excelerate will publish its 2024 Sustainability Report this week.

We’re proud to share our progress —and the path we’re forging—toward a more sustainable energy future. From emissions reductions to community partnerships, the 2024 report highlights the impact of our global operations and the people driving change.

05/20/2025

05/15/2025

Excelerate Energy announced that it has closed the acquisition of New Fortress Energy's Jamaica business.

Read our full press release: https://lnkd.in/gjSHB45W