New Fortress Energy (NFE) 10-Q 12 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 08, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
Document Transition Report	false
Entity File Number	001-38790
Entity Registrant Name	New Fortress Energy Inc.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	83-1482060
Entity Address, Address Line One	111 W. 19th Street
Entity Address, Address Line Two	8th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10011
City Area Code	516
Local Phone Number	268-7400
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Class A common stock
Trading Symbol	NFE
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		251,419,302
Entity Central Index Key	0001749723
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 90,842	$ 155,414
Restricted cash	145,881	155,400
Receivables, net of allowances of $9,859 and $1,158, respectively	435,883	342,371
Inventory	88,095	113,684
Prepaid expenses and other current assets, net	273,255	213,104
Total current assets	1,033,956	979,973
Construction in progress	7,051,297	5,348,294
Property, plant and equipment, net	2,134,987	2,481,415
Equity method investments	0	137,793
Right-of-use assets	640,978	588,385
Intangible assets, net	206,266	51,815
Goodwill	776,760	776,760
Deferred tax assets, net	13,380	9,907
Other non-current assets, net	112,272	126,903
Total assets	11,969,896	10,501,245
Current liabilities
Current portion of long-term debt and short-term borrowings	1,145,865	292,625
Accounts payable	819,544	549,489
Accrued liabilities	373,882	471,675
Current lease liabilities	120,949	164,548
Other current liabilities	248,825	227,951
Total current liabilities	2,709,065	1,706,288
Long-term debt	6,863,123	6,510,523
Non-current lease liabilities	494,222	406,494
Deferred tax liabilities, net	66,226	44,444
Other long-term liabilities	50,250	55,627
Total liabilities	10,182,886	8,723,376
Commitments and contingencies (Note 21)
Series A convertible preferred stock, $0.01 par value, 96,746 shares authorized, issued and outstanding as of September 30, 2024 (0 as of December 31, 2023); aggregate liquidation preference of $96,746 and $0 at September 30, 2024 and December 31, 2023	96,555	0
Stockholders’ equity
Class A common stock, $0.01 par value, 750 million shares authorized, 205.1 million issued and outstanding as of September 30, 2024; 205.0 million issued and outstanding as of December 31, 2023	2,050	2,050
Additional paid-in capital	1,085,950	1,038,530
Retained earnings	438,502	527,986
Accumulated other comprehensive income	37,141	71,528
Total stockholders’ equity attributable to NFE	1,563,643	1,640,094
Non-controlling interest	126,812	137,775
Total stockholders’ equity	1,690,455	1,777,869
Total liabilities and stockholders’ equity	$ 11,969,896	$ 10,501,245

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Accounts receivable, allowance for credit loss, current	$ 9,859	$ 1,158
Stockholders’ equity
Temporary equity, par value (in dollars per share)	$ 0.01	$ 0.01
Temporary equity, shares authorized (in shares)	96,746	0
Temporary equity, shares issued (in shares)	96,746	0
Temporary equity, shares outstanding (in shares)	96,746	0
Temporary equity, liquidation preference	$ 96,746	$ 0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750,000,000	750,000,000
Common stock, shares issued (in shares)	205,100,000	205,000,000
Common stock, shares outstanding (in shares)	205,100,000	205,000,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Operating revenue	$ 446,048	$ 420,868	$ 1,346,774	$ 1,417,175
Vessel charter revenue	59,668	67,287	158,739	209,651
Other revenue	61,819	26,307	180,349	28,112
Total revenues	567,535	514,462	1,685,862	1,654,938
Operating expenses
Cost of sales (exclusive of depreciation and amortization shown separately below)	325,292	191,920	776,269	602,626
Vessel operating expenses	8,254	11,613	25,153	36,347
Operations and maintenance	32,062	60,819	139,902	121,187
Selling, general and administrative	82,388	49,107	223,720	157,048
Transaction and integration costs	3,154	2,739	6,285	4,787
Depreciation and amortization	35,364	48,670	123,268	125,160
Asset impairment expense	1,484	0	5,756	0
Loss on sale of assets, net	0	0	77,140	0
Total operating expenses	487,998	364,868	1,377,493	1,047,155
Operating income	79,537	149,594	308,369	607,783
Interest expense	71,107	64,822	228,850	200,891
Other (income) expense, net	(5,836)	(2,271)	60,630	16,150
Loss on extinguishment of debt, net	0	0	9,754	0
Income before income from equity method investments and income taxes	14,266	87,043	9,135	390,742
Income from equity method investments	0	489	0	12,738
Tax provision	2,953	25,194	28,012	69,476
Net income (loss)	11,313	62,338	(18,877)	334,004
Net (income) loss attributable to non-controlling interest	(2,014)	(1,117)	(6,597)	(3,329)
Net income (loss) attributable to stockholders	$ 9,299	$ 61,221	$ (25,474)	$ 330,675
Net income (loss) per share – basic (in dollars per share)	$ 0.04	$ 0.30	$ (0.14)	$ 1.60
Net income (loss) per share – diluted (in dollars per share)	$ 0.03	$ 0.30	$ (0.15)	$ 1.59
Weighted average number of shares outstanding – basic (in shares)	205,071,771	205,032,928	205,068,178	206,249,474
Weighted average number of shares outstanding – diluted (in shares)	208,880,044	205,032,928	206,836,683	206,804,833
Other comprehensive income (loss):
Currency translation adjustment	$ (5,963)	$ (11,356)	$ (34,228)	$ 7,693
Comprehensive income (loss)	5,350	50,982	(53,105)	341,697
Comprehensive (income) loss attributable to non-controlling interest	(2,563)	(795)	(6,756)	(3,108)
Comprehensive income (loss) attributable to stockholders	$ 2,787	$ 50,187	$ (59,861)	$ 338,589

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Total	Class A common stock Class A common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income	Non- controlling interest
Balance at beginning of period (in shares) at Dec. 31, 2022		208,770,088
Balance at beginning of period at Dec. 31, 2022	$ 1,441,859,000	$ 2,088,000	$ 1,170,254,000	$ 62,080,000	$ 55,398,000	$ 152,039,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	151,566,000			150,206,000		1,360,000
Other comprehensive income (loss)	2,141,000				1,946,000	195,000
Cancellation of shares (in shares)		(4,100,000)
Cancellation of shares	(122,754,000)	$ (41,000)	(122,713,000)
Dividends	(23,486,000)			(20,467,000)		(3,019,000)
Balance at ending of period (in shares) at Mar. 31, 2023		204,670,088
Balance at ending of period at Mar. 31, 2023	1,449,326,000	$ 2,047,000	1,047,541,000	191,819,000	57,344,000	150,575,000
Balance at beginning of period (in shares) at Dec. 31, 2022		208,770,088
Balance at beginning of period at Dec. 31, 2022	1,441,859,000	$ 2,088,000	1,170,254,000	62,080,000	55,398,000	152,039,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	334,004,000
Balance at ending of period (in shares) at Sep. 30, 2023		205,031,406
Balance at ending of period at Sep. 30, 2023	1,578,562,000	$ 2,050,000	1,039,428,000	331,282,000	63,312,000	142,490,000
Balance at beginning of period (in shares) at Mar. 31, 2023		204,670,088
Balance at beginning of period at Mar. 31, 2023	1,449,326,000	$ 2,047,000	1,047,541,000	191,819,000	57,344,000	150,575,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	120,100,000			119,248,000		852,000
Other comprehensive income (loss)	16,908,000				17,002,000	(94,000)
Share-based compensation expense	1,179,000		1,179,000
Issuance of shares for vested share-based compensation awards (in shares)		689,401
Issuance of shares for vested share-based compensation awards	3,000	$ 3,000
Shares withheld from employees related to share-based compensation, at cost (in shares)		(328,083)
Shares withheld from employees related to share-based compensation, at cost	(9,519,000)		(9,519,000)
Dividends	(27,122,000)			(20,503,000)		(6,619,000)
Balance at ending of period (in shares) at Jun. 30, 2023		205,031,406
Balance at ending of period at Jun. 30, 2023	1,550,875,000	$ 2,050,000	1,039,201,000	290,564,000	74,346,000	144,714,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	62,338,000			61,221,000		1,117,000
Other comprehensive income (loss)	(11,356,000)				(11,034,000)	(322,000)
Share-based compensation expense	227,000		227,000
Dividends	(23,522,000)			(20,503,000)		(3,019,000)
Balance at ending of period (in shares) at Sep. 30, 2023		205,031,406
Balance at ending of period at Sep. 30, 2023	$ 1,578,562,000	$ 2,050,000	1,039,428,000	331,282,000	63,312,000	142,490,000
Balance at beginning of period (in shares) at Dec. 31, 2023	0
Balance at beginning of period at Dec. 31, 2023	$ 0
Increase (Decrease) in Temporary Equity [Roll Forward]
Issuance of Series A convertible preferred stock, net (in shares)	96,746
Issuance of Series A convertible preferred stock, net	$ 96,513,000
Dividends	$ 142,000
Balance at ending of period (in shares) at Mar. 31, 2024	96,746
Balance at ending of period at Mar. 31, 2024	$ 96,655,000
Balance at beginning of period (in shares) at Dec. 31, 2023		205,031,406
Balance at beginning of period at Dec. 31, 2023	1,777,869,000	$ 2,050,000	1,038,530,000	527,986,000	71,528,000	137,775,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	56,670,000			54,081,000		2,589,000
Other comprehensive income (loss)	(7,708,000)				(7,349,000)	(359,000)
Share-based compensation expense	5,248,000		5,248,000
Issuance of shares for vested share-based compensation awards (in shares)		14,126
Shares withheld from employees related to share-based compensation, at cost (in shares)		(3,708)
Shares withheld from employees related to share-based compensation, at cost	(126,000)		(126,000)
Dividends	(32,326,000)			(20,645,000)		(11,681,000)
Balance at ending of period (in shares) at Mar. 31, 2024		205,041,824
Balance at ending of period at Mar. 31, 2024	$ 1,799,627,000	$ 2,050,000	1,043,652,000	561,422,000	64,179,000	128,324,000
Balance at beginning of period (in shares) at Dec. 31, 2023	0
Balance at beginning of period at Dec. 31, 2023	$ 0
Balance at ending of period (in shares) at Sep. 30, 2024	96,746
Balance at ending of period at Sep. 30, 2024	$ 96,555,000
Balance at beginning of period (in shares) at Dec. 31, 2023		205,031,406
Balance at beginning of period at Dec. 31, 2023	1,777,869,000	$ 2,050,000	1,038,530,000	527,986,000	71,528,000	137,775,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(18,877,000)
Balance at ending of period (in shares) at Sep. 30, 2024		205,069,360
Balance at ending of period at Sep. 30, 2024	$ 1,690,455,000	$ 2,050,000	1,085,950,000	438,502,000	37,141,000	126,812,000
Balance at beginning of period (in shares) at Mar. 31, 2024	96,746
Balance at beginning of period at Mar. 31, 2024	$ 96,655,000
Increase (Decrease) in Temporary Equity [Roll Forward]
Dividends	$ 1,190,000
Balance at ending of period (in shares) at Jun. 30, 2024	96,746
Balance at ending of period at Jun. 30, 2024	$ 97,845,000
Balance at beginning of period (in shares) at Mar. 31, 2024		205,041,824
Balance at beginning of period at Mar. 31, 2024	1,799,627,000	$ 2,050,000	1,043,652,000	561,422,000	64,179,000	128,324,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(86,860,000)			(88,854,000)		1,994,000
Other comprehensive income (loss)	(20,557,000)				(20,526,000)	(31,000)
Share-based compensation expense	20,064,000		20,064,000
Issuance of shares for vested share-based compensation awards (in shares)		34,578
Shares withheld from employees related to share-based compensation, at cost (in shares)		(11,074)
Shares withheld from employees related to share-based compensation, at cost	(290,000)		(290,000)
Dividends	(24,716,000)			(21,697,000)		(3,019,000)
Balance at ending of period (in shares) at Jun. 30, 2024		205,065,328
Balance at ending of period at Jun. 30, 2024	1,687,268,000	$ 2,050,000	1,063,426,000	450,871,000	43,653,000	127,268,000
Increase (Decrease) in Temporary Equity [Roll Forward]
Dividends	$ (1,290,000)
Balance at ending of period (in shares) at Sep. 30, 2024	96,746
Balance at ending of period at Sep. 30, 2024	$ 96,555,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	11,313,000			9,299,000		2,014,000
Other comprehensive income (loss)	(5,963,000)				(6,512,000)	549,000
Share-based compensation expense	22,543,000		22,543,000			0
Issuance of shares for vested share-based compensation awards (in shares)		5,331
Shares withheld from employees related to share-based compensation, at cost (in shares)		(1,299)
Shares withheld from employees related to share-based compensation, at cost	(19,000)		(19,000)
Dividends	(24,687,000)			(21,668,000)		(3,019,000)
Balance at ending of period (in shares) at Sep. 30, 2024		205,069,360
Balance at ending of period at Sep. 30, 2024	$ 1,690,455,000	$ 2,050,000	$ 1,085,950,000	$ 438,502,000	$ 37,141,000	$ 126,812,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net (loss) income	$ (18,877)	$ 334,004
Adjustments for:
Depreciation and amortization	123,981	125,853
Movement in credit loss allowances	8,651	203
Deferred taxes	(14,155)	1,217
Share-based compensation	47,855	1,407
Loss on asset sales	77,140	0
Asset impairment expense	5,756	0
(Earnings) recognized from vessels chartered to third parties transferred to Energos	(72,539)	(112,608)
Loss on the disposal of equity method investment	7,222	37,401
Loss on extinguishment of debt	9,754	0
Other	52,994	(8,979)
Changes in operating assets and liabilities:
(Increase) in receivables	(95,928)	(86,743)
Decrease (increase) in inventories	23,132	(29,238)
(Increase ) decrease in other assets	(53,989)	56,512
Decrease in right-of-use assets	145,371	68,360
Increase in accounts payable/accrued liabilities	30,168	73,211
(Decrease) increase in amounts due to affiliates	(2,888)	1,613
(Decrease) in lease liabilities	(150,251)	(56,908)
Increase in other liabilities	22,803	131,879
Net cash provided by operating activities	146,200	537,184
Cash flows from investing activities
Capital expenditures	(1,781,278)	(2,191,605)
Sale of equity method investment	136,365	100,000
Asset sales	328,999	0
Other investing activities	7,360	26,043
Net cash used in investing activities	(1,308,554)	(2,065,562)
Cash flows from financing activities
Proceeds from borrowings of debt	3,594,229	1,768,715
Payment of deferred financing costs	(76,759)	(18,064)
Repayment of debt	(2,342,847)	(104,530)
Payment of dividends	(61,322)	(700,440)
Other financing activities	(12,424)	(21,609)
Net cash provided by financing activities	1,100,877	924,072
Impact of changes in foreign exchange rates on cash and cash equivalents	(12,614)	923
Net (decrease) increase in cash, cash equivalents and restricted cash	(74,091)	(603,383)
Cash, cash equivalents and restricted cash – beginning of period	310,814	855,083
Cash, cash equivalents and restricted cash – end of period	236,723	251,700
Supplemental disclosure of non-cash investing and financing activities:
Changes in accounts payable and accrued liabilities associated with construction in progress and property, plant and equipment additions	134,069	641,967
Accounts payable and accrued liabilities associated with construction in progress and property, plant and equipment additions	877,210	1,064,261
Principal payments on financing obligation to Energos by third party charters	(6,108)	(52,035)
Shares received in Hilli Exchange	0	(122,754)
Fair value of contingent payments in the Lins Acquisition	8,080	0
Class A convertible preferred stock issued and debt assumed in the PortoCem Acquisition	(125,198)	0
Cash and cash equivalents	90,842	171,329
Restricted cash	145,881	66,162
Cash and cash equivalents classified as held for sale	0	14,209
Cash, cash equivalents and restricted cash – end of period	$ 236,723	$ 251,700

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Sep. 30, 2023
Statement of Cash Flows [Abstract]
Assets held-for-sale, cash balance	$ 0	$ 14,209

Organization

Organization	9 Months Ended
	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization New Fortress Energy Inc. (“NFE,” together with its subsidiaries, the “Company”), a Delaware corporation, is a global energy infrastructure company founded to help address energy poverty and accelerate the world’s transition to reliable, affordable and clean energy. The Company owns and operates natural gas and liquefied natural gas ("LNG") infrastructure, ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. The Company has liquefaction, regasification and power generation operations in the United States, Jamaica, Brazil and Mexico. The Company has marine operations with vessels operating under time charters and in the spot market globally. The Company currently conducts its business through two operating segments, Terminals and Infrastructure and Ships. The business and reportable segment information reflect how the Chief Operating Decision Maker (“CODM”) regularly reviews and manages the business.

Basis of presentation

Basis of presentation	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of presentation	2. Basis of presentation The accompanying unaudited interim condensed consolidated financial statements contained herein were prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and reflect all normal and recurring adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations and cash flows of the Company for the interim periods presented. These condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s annual audited consolidated financial statements and accompanying notes included in its Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report"). Certain prior year amounts have been reclassified to conform to current year presentation.

Adoption of new and revised sta

Adoption of new and revised standards	9 Months Ended
	Sep. 30, 2024
Accounting Standards Update and Change in Accounting Principle [Abstract]
Adoption of new and revised standards	3. Adoption of new and revised standards In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . ASU 2023-07 requires disclosure of significant segment expenses and other segment items that are regularly provided to the CODM and included within each reported measure of segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also require entities to provide in interim periods all disclosures about a reportable segment’s profit or loss and assets that are currently required annually. ASU 2023-07 will be effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is allowed, and the amendments in this update must be applied retrospectively to all periods presented in the financial statements, unless it is not feasible. The Company is currently reviewing the impact that the adoption of ASU 2023-07 may have on the Company's consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , requiring companies to annually present specific categories in the effective tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. Further, the ASU requires disclosure of income taxes paid (net of refunds received) disaggregated by federal, state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, and early adoption is allowed. The amendments should be applied on a prospective basis, but retrospective application is allowed. The Company is currently reviewing the impact that the adoption of ASU 2023-09 may have on the Company's consolidated financial statements and disclosures. In March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards , providing illustrative guidance to help entities determine whether profits interest and similar awards should be accounted for as share-based payment arrangements within the scope of Topic 718. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, and interim periods within those annual periods. Early adoption is allowed, and the amendments can be applied on a prospective or retrospective basis. The Company is currently reviewing the impact that the adoption of ASU 2024-01 may have on the Company's consolidated financial statements and disclosures. The Company has reviewed all other recently issued accounting pronouncements and concluded that such pronouncements are either not applicable to the Company or no material impact is expected in the consolidated financial statements as a result of future adoption.

Asset acquisition and redeemabl

Asset acquisition and redeemable preferred stock	9 Months Ended
	Sep. 30, 2024
Equity [Abstract]
Asset acquisition and redeemable preferred stock	4. Asset acquisition and redeemable preferred stock Lins Acquisition On August 2, 2024, the Company acquired 100% of the outstanding equity interest of Usina Termeletrica de Lins S.A. ("Lins"), which owns key rights and permits to develop a combined cycle gas-fired power plant for up to 2.05GW located in the State of Sao Paulo, within the city limits of Lins, Brazil. The purchase consideration consisted of a $2,000 cash payment made at closing in addition to potential future payments contingent on achieving certain milestones of up to $18,500. As the contingent payments meet the definition of a derivative, the fair value of the contingent payments of $8,080 is included as part of the purchase consideration and is recognized in Other non-current liabilities on the Condensed Consolidated Balance Sheets upon acquisition. The fair value of the derivative liability was $7,715 as of September 30, 2024. The purchase of Lins has been accounted for as an asset acquisition. As a result, no goodwill was recorded. The total purchase consideration of $10,080 was allocated to permits and authorizations acquired and is recorded within Intangible assets, net on the Condensed Consolidated Balance Sheets. In addition, the Company recognized a deferred tax liability of $4,163 that resulted from the acquisition. PortoCem Acquisition On March 20, 2024, the Company completed transactions pursuant to an agreement among the Company, Ceiba Energy Fundo de Investimento em Participações Multiestratégia - Investimento no Exterior (“Ceiba Energy”) and PortoCem Geração de Energia S.A., a wholly-owned subsidiary of Ceiba Energy (“PortoCem”), pursuant to which the Company issued to Ceiba Energy 96,746 shares of 4.8% Series A Convertible Preferred Stock of the Company (the “Series A Convertible Preferred Stock”), and assumed certain of PortoCem’s existing indebtedness in exchange for all outstanding equity interests in PortoCem, the owner of a 15-year 1.6GW capacity reserve contract in Brazil (the “PortoCem Acquisition”). The PortoCem Acquisition was accounted for as an asset acquisition. As a result, no goodwill was recorded, and the Company’s acquisition-related costs of $592 were included in the purchase consideration. The total purchase consideration of $162,860, which was comprised of the value of the Series A Convertible Preferred Stock issued, PortoCem BTG Loan assumed (defined in Note 19) and deferred tax liability of $37,662 recognized as a result of the acquisition, was allocated to acquired capacity reserve contract within Intangible assets, net. On September 23, 2024, the Company entered into a definitive agreement with Ceiba Energy, pursuant to which the Company has agreed to issue to Ceiba Energy 96,746 shares of the Company’s 4.8% Series B Convertible Preferred Stock, par value $0.01 per share and liquidation preference $1,000 per share (the “Series B Convertible Preferred Stock”), in exchange for all outstanding shares of the Company’s Series A Preferred Stock, of which 86,746 are held by Ceiba Energy and 10,000 of which are held in an escrow account for the benefit of Ceiba Energy. The Company issued the Series B Convertible Preferred Stock on October 1, 2024 with substantially the same terms as the Series A Preferred Stock, with the exception of the conversion price, and this exchange will be reflected in the Company's financial statements in the fourth quarter of 2024. Series A Convertible Preferred Stock The Series A Convertible Preferred Stock has a liquidation preference of $1,000 per share and is not subject to any sinking fund. The Series A Convertible Preferred Stock has no stated maturity and will remain outstanding indefinitely unless redeemed or repurchased by the Company or converted into shares of Class A common stock. Dividend rights The Series A Convertible Preferred Stock ranks senior to the shares of the Company’s common stock, in terms of dividend rights and rights upon any voluntary or involuntary liquidation, dissolution or winding up of the Company. Holders of Series A Convertible Preferred Stock are entitled to a cumulative dividend at the rate of 4.8% per annum, which is payable quarterly in arrears. If the Company does not declare and pay a dividend, the dividend rate will increase to 6.8% per annum until all accrued but unpaid dividends have been paid in full. Conversion features The Series A Convertible Preferred Stock may be converted by each holder, in whole or in minimum increments of 5,000 shares, at any time into a number of shares of Class A common stock per share of Series A Convertible Preferred Stock equal to the quotient of $1,000 per share plus any accumulated and unpaid dividends thereon and the then applicable conversion price. The initial conversion price is $47.43 per share of Class A common stock, subject to customary anti-dilution adjustments. Redemption rights Upon the occurrence of certain events, the holders constituting at least a majority of the outstanding voting power of the Series A Convertible Preferred Stock may require the Company to repurchase the Series A Convertible Preferred Stock, in whole but not in part, for cash or shares of Class A common stock (or any combination thereof) at a repurchase price of $1,000 per share plus any accumulated and unpaid dividends thereon. Contingent events that would allow the holders to require repurchase by the Company include: • change in control, downgrade in the credit rating of certain of the Company's debt or if certain financial leverage ratios aren't achieved ("Change Event"). In August 2024, a Change Event occurred due to the downgrade of the Company's debt. Prior to the redemption of the Series A Convertible Preferred Stock, an agreement was reached to exchange the Series A Convertible Preferred Stock with Series B Convertible Preferred Stock as discussed above. • as of the 30th trading day following March 20, 2027, if the arithmetic average of the daily volume-weighted average price of the Company's common stock for the thirty If the Series A Convertible Preferred Stock is to be repurchased by the Company, the majority of the holders of the Series A Convertible Preferred Stock may require the Company to repurchase the Series A Convertible Preferred Stock for shares of Class A common stock. The Series A Convertible Preferred Stock may be redeemed by the Company, in whole but not in part, at its option upon 45 days’ written notice as follows: • on or before March 20, 2027 at a redemption price equal to the greater of (i) $1,000 per share plus any accumulated and unpaid dividends and (ii) the cash amount necessary per share for a holder to achieve a Return on Investment (as defined in the Certificate of Designations) as of the redemption date equal to 1.4; • after the 30th trading day following March 20, 2027 if the Share Price Condition is not met or (y) 30 calendar days after the delivery of the required notice if the Share Price Condition is met, in each case, at a redemption price equal to $1,000 per share plus any accumulated and unpaid dividends; • occurrence of a Change Event at a redemption price equal to $1,000 per share plus any accumulated and unpaid dividends. The Company may redeem the Series A Convertible Preferred Stock for cash or shares of Class A common stock (or any combination thereof); provided that for a redemption prior to March 20, 2027 due to a Change Event, a majority of the holders of the Series A Convertible Preferred Stock may require the Company to redeem for cash or shares of Class A common stock. Since the redemption of the Series A Convertible Preferred Stock is contingently redeemable and therefore not certain to occur, the Series A Convertible Preferred Stock is not required to be classified as a liability. The Series A Convertible Preferred Stock is redeemable at the option of the holder in certain circumstances upon the occurrence of an event that is not solely within the Company's control, and as such, the Series A Convertible Preferred Stock is classified as mezzanine equity on the Condensed Consolidated Balance Sheets. Voting rights Holders of Series A Convertible Preferred Stock are generally entitled to vote with the holders of common stock on an as-converted basis. Holders of Series A Convertible Preferred Stock are entitled to a separate class vote with respect to amendments to the Company’s organizational documents that adversely affect the rights, preferences or voting powers of the Series A Convertible Preferred Stock.

Asset sale

Asset sale	9 Months Ended
	Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Asset sale	5. Asset sale In March 2024, the Company completed a series of transactions that included the sale of turbines and related equipment to the Puerto Rico Electric Power Authority ("PREPA") under an Asset Purchase Agreement ("APA"). The Company deployed this equipment in 2023 in response to a request to provide emergency power to stabilize the power grid in Puerto Rico. The purchase price was $306,599 . Additionally, the APA includes a requirement that the Company provide major maintenance services on certain of the sold turbines within 12 months of the sale date; the standalone selling price of these maintenance services of $15,330 will be recognized when these services are performed, and the transaction price allocated to the sale of turbines was reduced by this amount. The Company recognized $6,736 of the maintenance services revenue during the nine months ended September 30, 2024 . The book value of the turbines and equipment at the time of sale was $368,799 , and the Company recognized a loss of $77,530 in Loss on sale of assets, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). A portion of the assets sold to PREPA were previously leased by the Company. To facilitate the sale of these leased turbines, the Company terminated leases, acquiring turbines and equipment immediately prior to the sale of such turbines and equipment to PREPA. The cost to acquire the leased turbines, including the write-off of the right-of-use asset and lease liability were included in the book value of the turbines and the related loss upon sale. As part of these transactions, the Company repaid the Equipment Notes (See Note 19) that were collateralized by the sold turbines, recognizing a loss on extinguishment of debt of $7,879, which was comprised of fees due upon prepayment as well as the unamortized portion of financing costs incurred at the inception of the loan. The Company's contract to provide emergency power services to support the grid stabilization project was also terminated. All unrecognized contract liabilities and cost to fulfil at the time of termination were recognized in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (See Note 6). The Company believes that there are remedies available under the customer contract, and is currently pursuing these remedies. As the outcome of this process is uncertain, any transaction price associated with closing this contract has been fully constrained. The Company has been awarded a new gas sale agreement with PREPA under which the Company is providing gas supply to the sold turbines.

Revenue recognition

Revenue recognition	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Revenue recognition	6. Revenue recognition Operating revenue in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) includes revenue from sales of LNG and natural gas as well as outputs from the Company’s natural gas-fueled power generation facilities, including power and steam, and the sale of LNG cargos. LNG cargo sales for the three and nine months ended September 30, 2024 were $174,570 and $199,072 , respectively, which included $35,088 from the cargo sale from the Company's first FLNG project in the third quarter of 2024. LNG cargo sales for the three and nine months ended September 30, 2023 were $0 and $617,138 , respectively, which included $0 and $332,000 of contract settlements, respectively. The table below summarizes the balances in Other revenue: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest income and other revenue $ 2,600 $ 370 $ 12,276 $ 2,175 Operation and maintenance revenue 59,219 25,937 168,073 25,937 Total other revenue $ 61,819 $ 26,307 $ 180,349 $ 28,112 Operation and maintenance revenue is recognized by the Company's subsidiary, Genera PR LLC ("Genera"), under its contract for the operation and maintenance of PREPA's thermal generation assets. Under this agreement, Genera is paid a fixed annual fee and reimbursed for pass-through expenses, including payroll expenses of Genera employees, beginning when the contract commenced on July 1, 2023. Amounts recognized in the nine months ended September 30, 2024 include fixed fees, reimbursement of pass-through expenditures and an estimate of variable consideration for incentive fees to be received. Variable consideration has been estimated based on the most likely amount method, and the Company includes estimated amounts in the transaction price to the extent it is probable that a significant reversal of cumulative revenue recognized will not occur when the uncertainty associated with the variable consideration is resolved. The determination of estimated amounts included in the transaction price is based largely upon an assessment of the uncertainties associated with the variable consideration, including the susceptibility of payment to factors outside of the Company’s control. The Company considers all information that is reasonably available, including historical, current and estimates of future performance. Under most customer contracts, invoicing occurs once the Company’s performance obligations have been satisfied, at which point payment is unconditional. As of September 30, 2024 and December 31, 2023, receivables related to revenue from contracts with customers totaled $429,130 and $331,108, respectively, and were included in Receivables, net on the Condensed Consolidated Balance Sheets, net of current expected credit losses of $9,859 and $1,158, respectively. During the first quarter of 2024, the Company recorded an additional allowance for uncollectible receivables of $11,595. The allowance reduces outstanding receivables for certain customers to reflect the amount that the Company expects to receive. Other items included in Receivables, net not related to revenue from contracts with customers represent leases, which are accounted for outside the scope of ASC 606, and receivables associated with reimbursable costs. Contract assets are comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods. The Company has recognized contract liabilities, comprised of unconditional payments due or paid under the contracts with customers prior to the Company’s satisfaction of the related performance obligations. The contract assets and contract liabilities balances as of September 30, 2024 and December 31, 2023 are detailed below: September 30, 2024 December 31, 2023 Contract assets, net - current $ 56,996 $ 8,714 Contract assets, net - non-current 17,745 19,901 Total contract assets, net $ 74,741 $ 28,615 Contract liabilities, net - current $ 121,361 $ 65,287 Contract liabilities, net - non-current 11,750 31,698 Total contract liabilities, net $ 133,111 $ 96,985 Revenue recognized in the year from: Amounts included in contract liabilities at the beginning of the year $ 82,062 $ 12,748 Contract assets are presented net of expected credit losses of $221 and $326 as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 and December 31, 2023, contract assets was comprised of $22,180 and $28,536 of unbilled receivables, respectively, which represent unconditional rights to payment only subject to the passage of time. The Company received prepayments of $150,000 for future contracted sales during the second and third quarters of 2024, which was recorded as a contract liability. The Company recognized $42,273 as revenue during the third quarter of 2024 as delivery was completed. The remaining deliveries under these contracts will occur during the fourth quarter of 2024 and through 2025. Contract liabilities decreased in the first quarter of 2024 due to the termination of the Company's contract to support the grid stabilization project in Puerto Rico (Refer to Note 5 - Asset sale). Deferred revenue at the time of termination of $43,577 was recognized as Operating revenue in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . The Company has recognized costs to fulfill contracts with customers, which primarily consist of expenses required to enhance resources to deliver under agreements with these customers. These costs can include set-up and mobilization costs incurred ahead of the service period, and such costs will be recognized on a straight-line basis over the expected terms of the agreements. As of September 30, 2024, the Company has capitalized $23,349 of which $2,205 of these costs is presented within Prepaid expenses and other current assets, net and $21,144 is presented within Other non-current assets, net on the Condensed Consolidated Balance Sheets. As of December 31, 2023, the Company had capitalized $25,282, of which $2,864 of these costs was presented within Prepaid expenses and other current assets, net and $22,418 was presented within Other non-current assets, net on the Condensed Consolidated Balance Sheets. Transaction price allocated to remaining performance obligations Some of the Company’s contracts are short-term in nature with a contract term of less than a year. The Company applied the optional exemption not to report any unfulfilled performance obligations related to these contracts. The Company has arrangements in which LNG, natural gas or outputs from the Company’s power generation facilities are sold on a “take-or-pay” basis whereby the customer is obligated to pay for the minimum guaranteed volumes even if it does not take delivery. The price under these agreements is typically based on a market index plus a fixed margin. The fixed transaction price allocated to the remaining performance obligations under these arrangements represents the fixed margin multiplied by the outstanding minimum guaranteed volumes. The Company expects to recognize this revenue over the following time periods. The pattern of recognition reflects the minimum guaranteed volumes in each period: Period Revenue Remainder of 2024 $ 76,690 2025 711,529 2026 709,586 2027 705,896 2028 690,665 Thereafter 9,529,656 Total $ 12,424,022 For all other sales contracts that have a term exceeding one year, the Company has elected the practical expedient in ASC 606. Under this expedient, the Company does not disclose the transaction price allocated to remaining performance obligations if the variable consideration is allocated entirely to a wholly unsatisfied performance obligation. For these excluded contracts, the sources of variability are (a) the market index prices of natural gas used to price the contracts, and (b) the variation in volumes that may be delivered to the customer. Both sources of variability are expected to be resolved at or shortly before delivery of each unit of LNG, natural gas, power or steam. As each unit of LNG, natural gas, power or steam represents a separate performance obligation, future volumes are wholly unsatisfied. Lessor arrangements Property, plant and equipment subject to vessel charters accounted for as operating leases is included within Vessels in Note 14. Vessels included in the Energos Formation Transaction (defined below in Note 12), including those vessels chartered to third parties, continue to be recognized on the Condensed Consolidated Balance Sheets. The carrying amount of these vessels that are leased to third parties under operating leases is as follows: September 30, 2024 December 31, 2023 Property, plant and equipment $ 686,683 $ 686,683 Accumulated depreciation (89,751) (69,977) Property, plant and equipment, net $ 596,932 $ 616,706 The components of lease income from vessel operating leases for the three and nine months ended September 30, 2024 and 2023 are shown below. As the Company has not recognized the sale of all of the vessels included in the Energos Formation Transaction (defined below), the operating lease income shown below for the three and nine months ended September 30, 2024 includes revenue of $17,407 and $102,569 from third-party charters of vessels included in the Energos Formation Transaction. The operating lease income shown below for the three and nine months ended September 30, 2023 includes revenue of $66,557 and $208,921, respectively, from third-party charters of vessels included in the Energos Formation Transaction. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease income $ 50,537 $ 66,557 $ 143,840 $ 208,921 Variable lease income 9,131 730 14,899 730 Total operating lease income $ 59,668 $ 67,287 $ 158,739 $ 209,651

Leases, as lessee

Leases, as lessee	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Leases, as lessee	7. Leases, as lessee The Company has operating leases primarily for the use of LNG vessels, marine port space, office space, land and equipment under non-cancellable lease agreements. The Company’s leases may include multiple optional renewal periods that are exercisable solely at the Company’s discretion. Renewal periods are included in the lease term when the Company is reasonably certain that the renewal options would be exercised, and the associated lease payments for such periods are reflected in the ROU asset and lease liability. The Company’s leases include fixed lease payments which may include escalation terms based on a fixed percentage or may vary based on an inflation index or other market adjustments. Escalations resulting from changes in inflation indices and market adjustments, as well as other lease costs that depend on the use of the underlying asset, are not considered lease payments when calculating the lease liability or ROU asset. Instead, such payments are accounted for as variable lease cost when the condition that triggers the variable payment becomes probable. Variable lease cost includes contingent rent payments for office space based on the percentage occupied by the Company in addition to common area charges and other charges that are variable in nature. The Company also has a component of lease payments that are variable related to the LNG vessels, in which the Company may receive credits based on the performance of the LNG vessels during the period. As of September 30, 2024 and December 31, 2023, ROU assets, current lease liabilities and non-current lease liabilities consisted of the following: September 30, 2024 December 31, 2023 Operating right-of-use-assets $ 621,807 $ 538,055 Finance right-of-use-assets (1) 19,171 50,330 Total right-of-use assets $ 640,978 $ 588,385 Current lease liabilities: Operating lease liabilities $ 116,898 $ 135,867 Finance lease liabilities 4,051 28,681 Total current lease liabilities $ 120,949 $ 164,548 Non-current lease liabilities: Operating lease liabilities $ 490,010 $ 390,519 Finance lease liabilities 4,212 15,975 Total non-current lease liabilities $ 494,222 $ 406,494 (1) Finance lease ROU assets are recorded net of accumulated amortization of $6,754 and $21,470 as of September 30, 2024 and December 31, 2023 , respectively. During the first quarter of 2024, the Company terminated the finance lease of certain turbines and purchased the turbines from the lessor. Immediately subsequent to the purchase of the turbines, the assets were sold as part of the sale of assets to PREPA (Refer to Note 5). The termination of the lease resulted in the write-off of the right-of-use asset and lease liability of $24,339 and $29,443 , respectively, which was included in the book value of the turbines and the related loss upon sale. During the second quarter of 2024 , the Company terminated the operating lease of three turbines. The termination of the lease resulted in the write-off of the right-of-use asset and lease liability of $23,018 and $25,762 respectively, and a loss on lease termination of $4,789 recognized within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). For the three and nine months ended September 30, 2024 and 2023, the Company’s operating lease cost recorded within the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed lease cost $ 44,501 $ 33,840 $ 120,749 $ 73,066 Variable lease cost — 1,435 2,709 3,036 Short-term lease cost 1,870 11,502 8,460 17,421 Lease cost - Cost of sales $ 43,790 $ 28,409 $ 109,798 $ 59,300 Lease cost - Operations and maintenance 1,104 16,274 16,250 28,322 Lease cost - Selling, general and administrative 1,477 2,094 5,870 5,901 For the three months ended September 30, 2024 and 2023, the Company has capitalized $9,522 and $8,111 of lease costs, respectively. For the nine months ended September 30, 2024 and 2023, the Company has capitalized $46,659 and $26,816 of lease costs, respectively. Capitalized costs include vessels and port space used during the commissioning of development projects. Short-term lease costs for vessels chartered by the Company to transport inventory from a supplier’s facilities to the Company’s storage locations are capitalized to inventory. The Company has leases of ISO tanks and a parcel of land that are recognized as finance leases. For the three and nine months ended September 30, 2024 and 2023, the Company’s finance interest expense and amortization recorded in Interest expense and Depreciation and amortization, respectively, within the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest expense related to finance leases $ 150 $ 1,080 $ 872 $ 2,766 Amortization of right-of-use asset related to finance leases 471 5,888 5,795 13,448 Cash paid for operating leases is reported in operating activities in the Condensed Consolidated Statements of Cash Flows. Supplemental cash flow information related to leases was as follows for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Operating cash outflows for operating lease liabilities $ 141,021 $ 89,326 Financing cash outflows for finance lease liabilities 6,713 13,582 Right-of-use assets obtained in exchange for new operating lease liabilities 206,344 130,646 Right-of-use assets obtained in exchange for new finance lease liabilities — 47,672 The future payments due under operating and finance leases as of September 30, 2024 are as follows: Operating Leases Financing Leases Due remainder of 2024 $ 49,537 $ 1,585 2025 150,100 4,344 2026 111,200 2,592 2027 110,846 89 2028 109,230 89 Thereafter 327,747 852 Total lease payments $ 858,660 $ 9,551 Less: effects of discounting 251,752 1,288 Present value of lease liabilities $ 606,908 $ 8,263 Current lease liability $ 116,898 $ 4,051 Non-current lease liability 490,010 4,212 As of September 30, 2024, the weighted average remaining lease term for operating leases was 7.0 years and finance leases was 3.0 years. Because the Company generally does not have access to the rate implicit in the lease, the incremental borrowing rate is utilized as the discount rate. The weighted average discount rate associated with operating leases as of September 30, 2024 was 10.3% and as of December 31, 2023 was 10.1%. The weighted average discount rate associated with finance leases as of September 30, 2024 was 5.2% and as of December 31, 2023 was 8.2%.
Leases, as lessee	7. Leases, as lessee The Company has operating leases primarily for the use of LNG vessels, marine port space, office space, land and equipment under non-cancellable lease agreements. The Company’s leases may include multiple optional renewal periods that are exercisable solely at the Company’s discretion. Renewal periods are included in the lease term when the Company is reasonably certain that the renewal options would be exercised, and the associated lease payments for such periods are reflected in the ROU asset and lease liability. The Company’s leases include fixed lease payments which may include escalation terms based on a fixed percentage or may vary based on an inflation index or other market adjustments. Escalations resulting from changes in inflation indices and market adjustments, as well as other lease costs that depend on the use of the underlying asset, are not considered lease payments when calculating the lease liability or ROU asset. Instead, such payments are accounted for as variable lease cost when the condition that triggers the variable payment becomes probable. Variable lease cost includes contingent rent payments for office space based on the percentage occupied by the Company in addition to common area charges and other charges that are variable in nature. The Company also has a component of lease payments that are variable related to the LNG vessels, in which the Company may receive credits based on the performance of the LNG vessels during the period. As of September 30, 2024 and December 31, 2023, ROU assets, current lease liabilities and non-current lease liabilities consisted of the following: September 30, 2024 December 31, 2023 Operating right-of-use-assets $ 621,807 $ 538,055 Finance right-of-use-assets (1) 19,171 50,330 Total right-of-use assets $ 640,978 $ 588,385 Current lease liabilities: Operating lease liabilities $ 116,898 $ 135,867 Finance lease liabilities 4,051 28,681 Total current lease liabilities $ 120,949 $ 164,548 Non-current lease liabilities: Operating lease liabilities $ 490,010 $ 390,519 Finance lease liabilities 4,212 15,975 Total non-current lease liabilities $ 494,222 $ 406,494 (1) Finance lease ROU assets are recorded net of accumulated amortization of $6,754 and $21,470 as of September 30, 2024 and December 31, 2023 , respectively. During the first quarter of 2024, the Company terminated the finance lease of certain turbines and purchased the turbines from the lessor. Immediately subsequent to the purchase of the turbines, the assets were sold as part of the sale of assets to PREPA (Refer to Note 5). The termination of the lease resulted in the write-off of the right-of-use asset and lease liability of $24,339 and $29,443 , respectively, which was included in the book value of the turbines and the related loss upon sale. During the second quarter of 2024 , the Company terminated the operating lease of three turbines. The termination of the lease resulted in the write-off of the right-of-use asset and lease liability of $23,018 and $25,762 respectively, and a loss on lease termination of $4,789 recognized within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). For the three and nine months ended September 30, 2024 and 2023, the Company’s operating lease cost recorded within the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed lease cost $ 44,501 $ 33,840 $ 120,749 $ 73,066 Variable lease cost — 1,435 2,709 3,036 Short-term lease cost 1,870 11,502 8,460 17,421 Lease cost - Cost of sales $ 43,790 $ 28,409 $ 109,798 $ 59,300 Lease cost - Operations and maintenance 1,104 16,274 16,250 28,322 Lease cost - Selling, general and administrative 1,477 2,094 5,870 5,901 For the three months ended September 30, 2024 and 2023, the Company has capitalized $9,522 and $8,111 of lease costs, respectively. For the nine months ended September 30, 2024 and 2023, the Company has capitalized $46,659 and $26,816 of lease costs, respectively. Capitalized costs include vessels and port space used during the commissioning of development projects. Short-term lease costs for vessels chartered by the Company to transport inventory from a supplier’s facilities to the Company’s storage locations are capitalized to inventory. The Company has leases of ISO tanks and a parcel of land that are recognized as finance leases. For the three and nine months ended September 30, 2024 and 2023, the Company’s finance interest expense and amortization recorded in Interest expense and Depreciation and amortization, respectively, within the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) were as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest expense related to finance leases $ 150 $ 1,080 $ 872 $ 2,766 Amortization of right-of-use asset related to finance leases 471 5,888 5,795 13,448 Cash paid for operating leases is reported in operating activities in the Condensed Consolidated Statements of Cash Flows. Supplemental cash flow information related to leases was as follows for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Operating cash outflows for operating lease liabilities $ 141,021 $ 89,326 Financing cash outflows for finance lease liabilities 6,713 13,582 Right-of-use assets obtained in exchange for new operating lease liabilities 206,344 130,646 Right-of-use assets obtained in exchange for new finance lease liabilities — 47,672 The future payments due under operating and finance leases as of September 30, 2024 are as follows: Operating Leases Financing Leases Due remainder of 2024 $ 49,537 $ 1,585 2025 150,100 4,344 2026 111,200 2,592 2027 110,846 89 2028 109,230 89 Thereafter 327,747 852 Total lease payments $ 858,660 $ 9,551 Less: effects of discounting 251,752 1,288 Present value of lease liabilities $ 606,908 $ 8,263 Current lease liability $ 116,898 $ 4,051 Non-current lease liability 490,010 4,212 As of September 30, 2024, the weighted average remaining lease term for operating leases was 7.0 years and finance leases was 3.0 years. Because the Company generally does not have access to the rate implicit in the lease, the incremental borrowing rate is utilized as the discount rate. The weighted average discount rate associated with operating leases as of September 30, 2024 was 10.3% and as of December 31, 2023 was 10.1%. The weighted average discount rate associated with finance leases as of September 30, 2024 was 5.2% and as of December 31, 2023 was 8.2%.

Financial instruments

Financial instruments	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Financial instruments	8. Financial instruments During 2024 , the Company entered into a series of foreign exchange forward contracts and zero-cost collar options to reduce exchange rate risk associated with U.S. dollar borrowings and expected capital expenditures. As of September 30, 2024 , the notional amount of outstanding foreign exchange contracts was approximately $299,124. These instruments are expected to settle starting in 2024 through the third quarter of 2026. The Company recognized unrealized losses, net of $460 for the three months ended September 30, 2024 and unrealized gains, net of $9,634 for the nine months ended September 30, 2024 for these foreign currency contracts. We also recognized realized loss of $4,151 upon settlement of a portion of the foreign exchange contracts during the three months ended September 30, 2024. Gains or losses on the foreign exchange contracts and other derivative instruments that are not intended to mitigate commodity risk are reported in Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . The Company does not hold or issue instruments for speculative purposes, and the counterparties to such contracts are major banking and financial institutions. Credit risk exists to the extent that the counterparties may not meet their contractual responsibilities; however, the Company does not anticipate any inability to perform by any counterparties. Fair value Fair value measurements and disclosures require the use of valuation techniques to measure fair value that maximize the use of observable inputs and minimize use of unobservable inputs. These inputs are prioritized as follows: • Level 1 – observable inputs such as quoted prices in active markets for identical assets or liabilities. • Level 2 – inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities or market corroborated inputs. • Level 3 – unobservable inputs for which there is little or no market data and for which the Company needs to develop its own assumptions about how market participants price the asset or liability. The valuation techniques that may be used to measure fair value are as follows: • Market approach – uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. • Income approach – uses valuation techniques, such as the discounted cash flow technique, to convert future amounts to a single present amount based on current market expectations about those future amounts. • Cost approach – based on the amount that currently would be necessary to replace the service capacity of an asset (replacement cost). The Company uses the market approach when valuing investment in equity securities and foreign exchange forward contracts which are recorded in Other non-current assets and Other current liabilities on the Condensed Consolidated Balance Sheets, respectively. The Company uses the income approach for valuing the contingent consideration derivative liabilities. The liabilities represent consideration due to the sellers in asset acquisitions when certain contingent events occur and are recorded within Other current liabilities and Other long-term liabilities based on the timing of expected settlement. The fair value of derivative instruments is estimated considering current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of counterparties. The Company estimates fair value of the contingent consideration derivative liabilities using a discounted cash flows method with discount rates based on the average yield curve for bonds with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent events occurring. The following table presents the Company’s financial assets and financial liabilities, including those that are measured at fair value, as of September 30, 2024 and December 31, 2023: Level 1 Level 2 Level 3 Total September 30, 2024 Assets Investment in equity securities $ — $ — $ 8,678 $ 8,678 Foreign exchange contracts — 10,491 — 10,491 Liabilities Foreign exchange contracts $ — $ 1,058 $ — $ 1,058 Contingent consideration derivative liabilities — — 40,806 40,806 December 31, 2023 Assets Investment in equity securities $ — $ — $ 7,678 $ 7,678 Liabilities Contingent consideration derivative liabilities $ — $ — $ 37,832 $ 37,832 The Company believes the carrying amounts of cash and cash equivalents, accounts receivable and accounts payable approximated their fair value as of September 30, 2024 and December 31, 2023 and are classified as Level 1 within the fair value hierarchy. The table below summarizes the fair value adjustment to instruments measured at Level 3 in the fair value hierarchy. These adjustments have been recorded within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Contingent consideration derivative liabilities - Fair value adjustment - (gain) $ (2,723) $ (2,722) $ (5,027) $ (5,757) During the three and nine months ended September 30, 2024 and 2023, the Company had no transfers in or out of Level 3 in the fair value hierarchy. During the first quarter of 2024, the Company sold substantially all of its investment in Energos; this investment had been accounted for as an equity method investment (refer to Note 12 ) . The Company retained an investment in Energos valued at $1,000

Restricted cash

Restricted cash	9 Months Ended
	Sep. 30, 2024
Restricted Cash [Abstract]
Restricted cash	9. Restricted cash As of September 30, 2024 and December 31, 2023, restricted cash consisted of the following: September 30, 2024 December 31, 2023 Cash restricted under the terms of loan agreements $ 87,851 $ 102,079 Collateral for letters of credit and performance bonds 58,030 53,321 Total restricted cash $ 145,881 $ 155,400

Inventory

Inventory	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Inventory	10. Inventory As of September 30, 2024 and December 31, 2023, inventory consisted of the following: September 30, 2024 December 31, 2023 LNG and natural gas inventory $ 51,161 $ 75,417 Automotive diesel oil inventory 9,964 10,121 Bunker fuel, materials, supplies and other 26,970 28,146 Total inventory $ 88,095 $ 113,684 Inventory is adjusted to the lower of cost or net realizable value each quarter. Changes in the value of inventory are recorded within Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). No adjustments were recorded during the nine months ended September 30, 2024. The Company recognized an adjustment to inventory of $6,232

Prepaid expenses and other curr

Prepaid expenses and other current assets	9 Months Ended
	Sep. 30, 2024
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses and other current assets	11. Prepaid expenses and other current assets As of September 30, 2024 and December 31, 2023, prepaid expenses and other current assets consisted of the following: September 30, 2024 December 31, 2023 Prepaid expenses $ 23,025 $ 31,490 Recoverable taxes 97,843 80,630 Due from affiliates 2,329 1,566 Assets held for sale 67,721 21,265 Other current assets 82,337 78,153 Total prepaid expenses and other current assets, net $ 273,255 $ 213,104 During the fourth quarter of 20 23, the Company began to sub-charter the Winter , a vessel included in the Energos Formation Transaction, and an asset was recorded representing the existing charterer's remaining payments to Energos, which was $59,074 as of December 31, 2023. The Company also recognized a liability of $49,400 as of December 31, 2023 representing the Company's obligation to pay sub-charter payments until the vessel is chartered directly from Energos. The sub-charter was terminated during the third quarter of 2024, and the Company derecognized both the sub-charter asset and liability. The remaining balance of other current assets as of September 30, 2024 and December 31, 2023 primarily consists of derivative assets recognized for foreign currency exchange contracts (Note 9), deposits and the current portion of contract assets (Note 6). Assets held for sale On June 30, 2024, the Company entered into a definitive agreement to sell its Miami Facility for $62,000, subject to certain purchase price adjustments at close . The transaction is expected to close in the fourth quarter of 2024 subject to customary terms and conditions. The assets related to the Miami Facility have been classified as held for sale as of June 30, 2024. In conjunction with the classification to held for sale, the Company recognized an impairment loss of $1,007 for three months ended September 30, 2024 and $5,279 for nine months ended September 30, 2024 within Asset impairment expense in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . Nonrecurring, Level 2 inputs using a market approach were used to estimate the fair value of the Miami Facility for the purpose of recognizing the impairment. In December 2023, the Company entered into an agreement to sell the vessel, Mazo , for $22,400; the sale closed in the first quarter of 2024, and the vessel was classified as held for sale as of December 31, 2023.

Equity method investments

Equity method investments	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Equity method investments	12. Equity method investments In August 2022, the Company completed a transaction with an affiliate of Apollo Global Management, Inc., pursuant to which the Company transferred ownership of 11 vessels to Energos Infrastructure ("Energos") in exchange for approximately $1.85 billion in cash and a 20% equity interest in Energos (the “Energos Formation Transaction”). The Company's equity investment provided certain rights, including representation on the Energos board of directors, that gave the Company significant influence over the operations of Energos, and as such, the investment was accounted for under the equity method. Energos was also an affiliate, and all transactions with Energos were transactions with an affiliate. Changes in the balance of the Company’s equity method investment in Energos was as follows: September 30, 2024 Equity method investments as of December 31, 2023 $ 137,793 Capital contribution 6,794 Sale of equity method investments (144,587) Equity method investments as of September 30, 2024 $ — In February 2024, the Company sold substantially all of its stake in Energos. As a result of the transaction, the Company recognized an other than temporary impairment ("OTTI") of the investment in Energos totaling $5,277. This loss was recognized in Income from equity method investments in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the year-ended December 31, 2023 . The sale was completed on February 14, 2024 and the Company received proceeds of $136,365, resulting in a loss of $7,222 presented within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

Construction in progress

Construction in progress	9 Months Ended
	Sep. 30, 2024
Construction in progress [Abstract]
Construction in progress	13. Construction in progress The Company’s construction in progress activity during the nine months ended September 30, 2024 is detailed below: September 30, 2024 Construction in progress as of December 31, 2023 $ 5,348,294 Additions 1,858,735 Impact of currency translation adjustment (75,250) Assets placed in service (80,482) Construction in progress as of September 30, 2024 $ 7,051,297 Interest expense of $346,856 and $201,890, inclusive of amortized debt issuance costs, was capitalized for the nine months ended September 30, 2024 and 2023, respectively. Recoverable taxes of $45,262 were capitalized for the nine months ended September 30, 2024 and represents non-cash addition to Construction in progress. The Company has significant development activities in Latin America as well as the development of the Company's Fast LNG liquefaction solution. The successful completion of these development projects is subject to various risks, such as obtaining government approvals, identifying suitable sites, securing financing and permitting, and ensuring contract compliance. The Company's first Fast LNG project is currently being commissioned, and costs capitalized in Construction in progress related to this project were $3,471,389

Property, plant and equipment,

Property, plant and equipment, net	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property, plant and equipment, net	14. Property, plant and equipment, net As of September 30, 2024 and December 31, 2023, the Company’s property, plant and equipment, net consisted of the following: September 30, 2024 December 31, 2023 Vessels $ 1,576,346 $ 1,494,433 Terminal and power plant equipment 470,690 668,927 Power facilities 269,939 273,978 ISO containers and other equipment 70,087 97,984 LNG liquefaction facilities — 63,316 Gas pipelines 66,320 66,319 Land 54,518 54,324 Leasehold improvements 49,245 139,967 Accumulated depreciation (422,158) (377,833) Total property, plant and equipment, net $ 2,134,987 $ 2,481,415 The book value of the vessels that was recognized due to the failed sale leaseback in the Energos Formation Transaction as of September 30, 2024 and December 31, 2023 was $1,289,243 and $1,293,384, respectively. The reduction to terminal and power plant equipment and leasehold improvements reflects the sale of turbines to PREPA (Note 5). Depreciation expense for the three months ended September 30, 2024 and 2023 totaled $32,017 and $36,705, respectively, of which $217 and $230, respectively, is included within Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). Depreciation expense for the nine months ended September 30, 2024 and 2023 totaled $110,167 and $92,980, respectively, of which $712 and $693, respectively, is included within Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Goodwill and intangible assets

Goodwill and intangible assets	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and intangible assets	15. Goodwill and intangible assets Goodwill The carrying amount of goodwill was $776,760 as of both September 30, 2024 and December 31, 2023 . The Company reviews the carrying values of goodwill at least annually to assess impairment since these assets are not amortized. An annual impairment assessment is conducted as of October 1st of each year. Additionally, the Company reviews the carrying value of goodwill whenever events or changes in circumstances indicate that its carrying amount may not be recoverable. The Company’s common stock price has declined since January 1, 2024. Such decreases did not result in the Company’s market capitalization falling below the book value of equity as of September 30, 2024, and management concluded that a triggering event did not occur during the third quarter of 2024. The Company will perform its annual goodwill impairment assessment as of October 1, 2024. Intangible assets The following tables summarize the composition of intangible assets as of September 30, 2024 and December 31, 2023: September 30, 2024 Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Weighted Average Life Definite-lived intangible assets Acquired capacity reserve contract $ 162,045 $ (4,344) $ (13,469) $ 144,232 17 Favorable vessel charter contracts 17,700 (12,797) — 4,903 4 Permits and development rights 61,894 (6,342) (781) 54,771 33 Easements 1,559 (380) — 1,179 30 Indefinite-lived intangible assets Easements 1,191 — (10) 1,181 n/a Total intangible assets $ 244,389 $ (23,863) $ (14,260) $ 206,266 December 31, 2023 Gross Carrying Accumulated Currency Translation Net Carrying Weighted Definite-lived intangible assets Favorable vessel charter contracts $ 17,700 $ (10,615) $ — $ 7,085 4 Permits and development rights 48,217 (5,557) (291) 42,369 38 Easements 1,555 (341) — 1,214 30 Indefinite-lived intangible assets Easements 1,191 — (44) 1,147 n/a Total intangible assets $ 68,663 $ (16,513) $ (335) $ 51,815 Amortization expense for the three months ended September 30, 2024 and 2023 was $2,876 and $6,290, respectively. Amortization expense for the nine months ended September 30, 2024 and 2023 was $7,307 and $19,371, respectively. Amortization expense is inclusive of reductions in expense for the amortization of unfavorable contract liabilities. In the third quarter of 2023, An Bord Pleanála, Ireland's planning commission, denied the Company's application for the development of an LNG terminal and power plant in Shannon, Ireland. We challenged this decision, and in September 2024, the High Court of Ireland ruled that the ABP did not have appropriate grounds for the denial of our permit. The ABP has been directed to reconsider our permit application in accordance with Irish law. The continued development of this project is uncertain and there are multiple risks, including regulatory risks, that could preclude the development of this project, and the results of these risks could have a material effect to the Company's results of operations.

Other non-current assets, net

Other non-current assets, net	9 Months Ended
	Sep. 30, 2024
Other Assets, Noncurrent Disclosure [Abstract]
Other non-current assets, net	16. Other non-current assets, net As of September 30, 2024 and December 31, 2023, Other non-current assets consisted of the following: September 30, 2024 December 31, 2023 Cost to fulfill (Note 6) 21,144 22,418 Contract assets, net (Note 6) 17,745 19,901 Investments in equity securities 8,678 7,678 Other 64,705 76,906 Total other non-current assets, net $ 112,272 $ 126,903 Investments in equity securities i nclude investments without a readily determinable fair value of $8,678 and $7,678 as of September 30, 2024 and December 31, 2023, respectively. The Company has not recognized any gains or losses in the value of these investments during 2024. The Company recognized unrealized losses of $672 and unrealized gains of $539 on its investments in equity securities for the three and nine months ended September 30, 2023 , respectively, within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).

Accrued liabilities

Accrued liabilities	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Accrued liabilities	17. Accrued liabilities As of September 30, 2024 and December 31, 2023, Accrued liabilities consisted of the following: September 30, 2024 December 31, 2023 Accrued development costs $ 234,384 $ 286,030 Accrued interest 56,028 82,507 Accrued bonuses 27,999 41,356 Other accrued expenses 55,471 61,782 Total accrued liabilities $ 373,882 $ 471,675

Other current liabilities

Other current liabilities	9 Months Ended
	Sep. 30, 2024
Other Liabilities Disclosure [Abstract]
Other current liabilities	18. Other current liabilities As of September 30, 2024 and December 31, 2023 , Other current liabilities consisted of the following: September 30, 2024 December 31, 2023 Derivative liabilities $ 16,927 $ 19,450 Contract liabilities (Note 6) 121,361 65,287 Income tax payable 72,764 54,040 Due to affiliates 6,691 9,579 Winter sub-charter liability — 49,400 Liabilities held for sale (Note 11) 8,808 — Other current liabilities 22,274 30,195 Total other current liabilities $ 248,825 $ 227,951

Debt

Debt	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Debt	19. Debt As of September 30, 2024 and December 31, 2023, debt consisted of the following: September 30, 2024 December 31, 2023 Senior Secured Notes, due September 2025 $ 873,027 $ 1,245,662 Senior Secured Notes, due September 2026 1,489,648 1,486,374 Senior Secured Notes, due March 2029 737,116 — Vessel Financing Obligation, due August 2042 1,380,692 1,359,995 Term Loan B, due October 2028 774,959 771,420 Revolving Facility 1,000,000 866,600 BNDES Term Loan, due October 2045 343,485 — PortoCem Bridge Loan, due October 2025 270,718 — Term Loan A, due July 2027 249,260 — South Power 2029 Bonds, due May 2029 217,644 216,993 Short-term Borrowings 195,333 182,270 Barcarena Debentures, due October 2028 187,627 175,025 Turbine Financing, due July 2027 144,546 — EB-5 Loan, due July 2028 98,561 61,614 Tugboat Financing, due December 2038 46,372 46,728 Barcarena Term Loan, due February 2024 — 199,678 Equipment Notes, due July 2026 — 190,789 Total debt $ 8,008,988 $ 6,803,148 Current portion of long-term debt $ 1,145,865 $ 292,625 Long-term debt 6,863,123 6,510,523 The Company's 2025 Notes mature on September 15, 2025. If any of the 2025 Notes remain outstanding 60 days prior to this maturity date (the "Springing Maturity Date"), the outstanding principal under the Revolving Facility, Term Loan B and Term Loan A (defined below) will become immediately due. The aggregate principal amount of 2025 Notes outstanding as of September 30, 2024 is $875,000. On September 30, 2024, the Company entered into a Transaction Support Agreement (the "TSA") with certain holders of the Company’s 2025 Notes, 2026 Notes, and 2029 Notes. The TSA relates to a series of transactions, among the Company, certain of the Company’s direct and indirect subsidiaries and certain holders of the 2025 Notes, 2026 Notes and 2029 Notes (the "Supporting Holders"), intended to extend the maturity profile of the Company’s indebtedness while providing additional operating liquidity and financial flexibility. On November 6, 2024, the Company entered into a privately negotiated exchange and subscription agreement (the "Exchange and Subscription Agreement") with the Supporting Holders to implement the transactions described in the TSA. Pursuant to the Exchange and Subscription Agreement, (i) NFE Financing LLC ("NFE Financing"), an indirectly owned subsidiary of the Company, will sell to the Supporting Holders approximately $1.2 billion aggregate principal amount of 12.00% Senior Secured Notes due 2029 (the "New Notes") (the transactions described in clause (i), the "Subscription Transactions") and (ii) NFE Financing will issue to the Supporting Holders $1.5 billion aggregate principal amount of New Notes in a dollar-for-dollar exchange for the Company's 2026 Notes and 2029 Notes (the "Exchange Transactions" and together with the Subscription Transactions, the "Transactions"). The New Notes will be issued in private placements in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act. The Company intends to use net proceeds from the Transactions to repay in full the outstanding aggregate principal amount of the Company's 2025 Notes and for general corporate purposes. As of November 12, 2024, the date of the issuance of these financial statements, the Transactions have not closed, and there are certain conditions precedent that must be met prior to closing. In the absence of closing the Transactions, the Company’s current liquidity and forecasted cash flows from operations are not sufficient to support the repayment of the 2025 Notes, in full, prior to the Springing Maturity Date, and as such, management concluded that substantial doubt exists related to the Company’s ability to continue as a going concern. Management expects all conditions precedent to be achieved and the Transactions to close in the coming weeks, which will alleviate the substantial doubt. However, there can be no assurance that the Company will be successful in closing the Transactions. Long-term debt is recorded at amortized cost on the Condensed Consolidated Balance Sheets. The fair value of the Company's debt was $7,621,138 and $6,835,487 as of September 30, 2024 and December 31, 2023, respectively, and is classified as Level 2 within the fair value hierarchy. The Company's debt arrangements also include cross-acceleration clauses whereby events of default under an individual debt agreement can lead to acceleration of principal under other debt arrangements. The terms of the Company's debt instruments have been described in the Annual Report on Form 10-K. Significant changes to the Company's outstanding debt are described below. 2029 Notes In March 2024, the Company issued $750,000 of 8.75% senior secured notes in a private offering pursuant to Rule 144A under the Securities Act (the “2029 Notes”). Interest is payable semi-annually in arrears on March 15 and September 15 of each year; no principal payments are due until maturity on March 15, 2029. The Company may redeem the 2029 Notes, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums. The 2029 Notes are guaranteed on a senior secured basis by each domestic subsidiary and foreign subsidiary that is a guarantor under the 2025 Notes and 2026 Notes. The 2029 Notes are secured by substantially the same collateral as the first lien obligations under the 2025 Notes and 2026 Notes. The 2029 Notes may limit the Company’s ability to incur additional indebtedness or issue certain preferred shares, make certain payments, and sell or transfer certain assets subject to certain conditions and qualifications. The 2029 Notes also provide for customary events of default and prepayment provisions. In connection with the offering of the 2029 Notes, we completed a cash tender offer to repurchase $375,000 of the outstanding 2025 Notes, for an aggregate repurchase price of $376,875. The tender offer was closed and the partial repurchase of the 2025 Notes was completed in the first quarter of 2024. The premium over the repurchase price of $1,875 was recognized as Loss on extinguishment of debt, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . In connection with the issuance of the 2029 Notes, the Company incurred $14,171 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the 2029 Notes on the Condensed Consolidated Balance Sheets. As of September 30, 2024, total remaining unamortized deferred financing costs for the 2029 Notes was $12,884. Revolving Facility In April 2021, the Company entered into a $200,000 senior secured revolving credit facility (the "Revolving Facility"). Through December 31, 2023, the Revolving Facility had been amended to increase the borrowing capacity to $950,000. In May 2024, the Company entered into an amendment which increased the borrowing capacity by $50,000, for a total capacity of $1,000,000 . The amendment did not impact the interest rate or term of the Revolving Facility, and no deferred costs were written off. During the second quarter of 2024, the Company drew the additional capacity on the Revolving Facility and $1,000,000 was outstanding as of September 30, 2024. The borrowings under the Revolving Facility bear interest at a Secured Overnight Financing Rate ("SOFR") based rate plus a margin based upon usage of the Revolving Facility. The Revolving Facility matures upon the earliest to the occur of April 15, 2026 or 60 days prior to the maturity of the 2025 Notes, if the 2025 Notes have not been redeemed or refinanced in full. The Company may request to extend the maturity date once in a one-year increment. Borrowings under the Revolving Facility may be prepaid, at the option of the Company, at any time without premium. BNDES Term Loan The owner of the Company's power plant under construction in Pará, Brazil (the "Barcarena Power Plant") entered into a credit agreement with BNDES, the Brazilian Development Bank (the "BNDES Credit Agreement"). The Company is able to borrow up to $355,556 under the BNDES Credit Agreement, segregated into three tranches based on the use of proceeds ("BNDES Term Loan"). In the first quarter of 2024, the Company borrowed $284,444 under the BNDES Credit Agreement. In the third quarter of 2024, the Company borrowed $60,290 under the BNDES Credit Agreement. Each tranche bears a different rate of interest ranging from 2.61% to 4.41% plus the fixed rate announced by BNDES. No principal payments are required until April 2026 and are due quarterly thereafter until maturity in 2045. Interest payments prior to April 2026 are made through an increase in the outstanding principal amount and are due quarterly thereafter. The obligations under the BNDES Credit Agreement are guaranteed by certain indirect Brazilian subsidiaries that are constructing the Barcarena Power Plant, and are secured by the Barcarena Power Plant and receivables under the Barcarena Power Plant's power purchase agreements. These Brazilian subsidiaries must adhere to customary affirmative and negative covenants, and the BNDES Credit Agreement also provides for customary events of default, prepayment and cure provisions. Proceeds received were used to repay the existing Barcarena Term Loan (defined in the Annual Report) and to pay for all remaining expected construction costs through the planned completion of the Barcarena Power Plant in 2025. In February 2024, the Company repaid the full outstanding principal balance of the Barcarena Term Loan, fully extinguishing the obligation. No material loss on extinguishment was recognized in conjunction with this repayment. PortoCem Financings As part of the PortoCem Acquisition, the Company assumed a term loan in the aggregate principal amount of R$ 141,445 million ($28,093 based on rates in effect on the acquisition date) due December 2024, bearing interest at a rate equal to the one-day interbank deposit rate in Brazil plus 5.0% (the “PortoCem BTG Loan”). Lenders under the PortoCem BTG Loan waived acceleration requirements in the event of a change in control in conjunction with the PortoCem Acquisition, and repayment of the PortoCem BTG Loan was required upon the earlier of PortoCem obtaining additional financing or the original maturity date of December 2024. In April 2024, PortoCem and a syndicate of banks in Brazil entered into a commitment letter for R$2.9 billion of financing. PortoCem received funding under a short term credit note of R$ 600 million ("PortoCem Credit Note") from this syndicate that was due in July 2024, and a portion of the proceeds was used to repay the PortoCem BTG Loan. In May 2024, the PortoCem Credit Note was replaced by a bridge financing agreement that allows PortoCem to borrow up to R$ 2.9 billion due in October 2025 ("PortoCem Bridge Loan"). PortoCem initially borrowed R$ 1.5 billion ( $275,340 based on rates in effect at September 30, 2024 ), and this initial funding was used to repay the PortoCem Credit Note and to begin the development and construction of a power plant to deliver under the capacity reserve contracts acquired in the PortoCem Acquisition. The PortoCem Bridge Loan bears interest at the one-day interbank deposit futures rate in Brazil plus 4.25% , and no principal payments are required until maturity in October 2025. The PortoCem Bridge Loan contains usual and customary representations and warranties, and usual and customary affirmative and negative covenants. The PortoCem Bridge Loan does not contain any restrictive financial covenants. Through September 30, 2024, the Company has incurred $11,663 in origination, structuring and other fees in connection with the entry into the PortoCem Credit Note and the PortoCem Bridge Loan. The lender in the PortoCem BTG Loan is also participating in the syndicate of lenders in the PortoCem Credit Note and the PortoCem Bridge Loan, and the repayment of the PortoCem BTG Loan and the PortoCem Credit Note was treated as a modification. The additional third-party fees associated with the PortoCem Bridge Loan of $236 were recognized as expense. As of September 30, 2024, total remaining unamortized deferred financing costs for the PortoCem Bridge Loan was $4,622. Term Loan A In July 2024, the Company entered into a credit agreement ("Term Loan A Credit Agreement") for a senior secured, multiple draw term loan facility in an aggregate principal amount of up to $700,000 ("Term Loan A"). Proceeds will be used to pay costs of the construction and development of the Company's onshore FLNG project in Altamira (the “Altamira Onshore Project”). The initial and subsequent funding of the Term Loan A are subject to certain conditions, including the condition to the initial funding that initial generation of LNG from the offshore FLNG facility at Altamira ("FLNG1 Project") had been achieved. Such condition was satisfied and initial funding occurred in the third quarter of 2024. The remaining commitments for subsequent funding expire on the earliest of June 30, 2026, the date of completion of the Onshore Altamira Project (the “Completion Date”) and the date that the commitments are reduced to zero or terminated. During the third quarter of 2024, the Company drew $285,829 on the Term Loan A. The obligations under the Term Loan A Credit Agreement are guaranteed, jointly and severally, on a senior secured basis by each subsidiary that is a guarantor under the 2025 Notes, 2026 Notes, 2029 Notes, the Company’s Revolving Facility, the Company’s letter of credit facility (the “Letter of Credit Facility”) and the Company’s Term Loan B, other than the guarantors comprising the FLNG1 Project (who guarantee the Revolving Facility, the Letter of Credit Facility, and the Term Loan B). The obligations under the Term Loan A Credit Agreement are secured by substantially the same collateral as the collateral securing such facilities, with the exception of the collateral comprising the FLNG1 Project (which secures the Revolving Facility, the Letter of Credit Facility, and the Term Loan B). Additionally, the Term Loan A is guaranteed by the entities, and secured by the assets, comprising the Onshore Altamira Project. An equal priority intercreditor agreement governs the treatment of the collateral. The Term Loan A will mature in July 2027 and is payable in full on maturity date. In the event that the Company’s existing 2025 Notes or 2026 Notes are not refinanced or repaid at least 60 days prior to their respective maturities, amounts outstanding under the Term Loan A will become due and payable on such date. The Company may prepay the Term Loan A at its option without premium or penalty at any time subject to customary break funding costs. The Company is required to prepay the Term Loan A with the net proceeds of certain asset sales, condemnations, debt and convertible securities issuances, and extraordinary receipts related to the Onshore Altamira Project. Additionally, commencing with the first fiscal quarter after the Completion Date, the Company will be required to prepay the Term Loan A with the Onshore Altamira Project’s Excess Cash Flow (as defined in the Term Loan A Credit Agreement). The Term Loan A will bear interest at a per annum rate equal to Term SOFR plus 3.75%, or at a base rate plus 2.75%. The interest rate on the Term Loan A will increase by 0.25% every 180 days beginning on June 30, 2025. The Term Loan A Credit Agreement contains usual and customary representations, warranties and affirmative and negative covenants for financings of this type, including certain representations and warranties related to the Onshore Altamira Project. The Term Loan A Credit Agreement includes certain other covenants related solely to the Onshore Altamira Project, including limitations on capital expenditures, restrictions on additional accounts, and restrictions on amendments or termination of certain material documents related to the Onshore Altamira Project. The Company must also comply with certain financial covenants. In connection with the issuance of the Term Loan A, the Company incurred $38,334 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the Term Loan A on the Condensed Consolidated Balance Sheets. As of September 30, 2024, total remaining unamortized deferred financing costs for the Term Loan A was $36,569. Turbine Financing In May 2024, the Company executed a loan agreement with a lender to borrow $148,500 under a promissory note secured by certain turbines owned by a wholly-owned subsidiary of the Company (the “Turbine Financing”). The Turbine Financing bears interest at 10.30% , and the principal is partially repayable in monthly installments over the 36-month term of the loan with the balance due upon maturity in June 2027. The Turbine Financing contains usual and customary representations and warranties, and usual and customary affirmative and negative covenants. The Turbine Financing does not contain any restrictive financial covenants. The Company was required to pay a deposit of approximately $5,963 that will be held by the lender throughout the term of the borrowing. Proceeds received were net of upfront fees due to the lender, and through September 30, 2024, the Company has incurred $2,136 in origination, structuring and other fees, associated with entry into the Turbine Financing. As of September 30, 2024, total remaining unamortized deferred financing costs for the Turbine Financing was $1,925. EB-5 Loan Agreement On July 21, 2023, the Company entered into a loan agreement under the U.S. Citizenship and Immigration Services EB-5 Program (“EB-5 Loan Agreement”) to pay for the development and construction of a new green hydrogen facility in Texas. The maximum aggregate principal amount available under the EB-5 Loan Agreement is $100,000, and outstanding borrowings bear interest at a fixed rate of 4.75% . The loan matures 5 years from the initial advance with an option to extend the maturity by two one-year periods. It is expected that the loan will be secured by the Company's green hydrogen facility, and the Company has provided a guarantee of the obligations under the EB-5 Loan Agreement. In the nine months ended September 30, 2024, an additional $37,072 was funded under the EB-5 Loan Agreement. Equipment Notes In conjunction with the execution of the APA to sell certain turbines to PREPA in March 2024 (Note 5), the Company repaid the Equipment Notes in full, releasing any liens held on the turbines prior to their sale. The balance outstanding as of the repayment date was $188,431, and the Company incurred a prepayment premium of 3% . The prepayment premium and any unamortized financing costs of $7,879 were recognized as Loss on extinguishment of debt, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). On August 31, 2024, we entered into amendments of certain debt agreements that amend and restate the conditions applicable to the suspension of the maximum Debt to Total Capitalization Ratio for the quarterly covenant tests conducted as of the last day of the fiscal quarters ending September 30, 2024, December 31, 2024 and March 31, 2025. The amended agreements also contain a financial covenant that requires a minimum consolidated liquidity of (i) $50.0 million as of the last day of each month, commencing as of October 31, 2024 and (ii) $100.0 million as of the last day of any fiscal quarter, commencing as of December 31, 2024. Interest expense Interest and related amortization of debt issuance costs, premiums and discounts recognized during major development and construction projects are capitalized and included in the cost of the project. Interest expense, net of amounts capitalized, recognized for the three and nine months ended September 30, 2024 and 2023 consisted of the following: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest per contractual rates $ 144,609 $ 89,908 $ 397,025 $ 229,327 Interest expense on Vessel Financing Obligation 46,646 52,373 145,161 159,168 Amortization of debt issuance costs, premiums and discounts 11,519 4,777 32,648 11,520 Interest expense incurred on finance lease obligations 150 1,080 872 2,766 Total interest costs $ 202,924 $ 148,138 $ 575,706 $ 402,781 Capitalized interest 131,817 83,316 346,856 201,890 Total interest expense $ 71,107 $ 64,822 $ 228,850 $ 200,891 Interest expense on the Vessel Financing Obligation includes non-cash expense of $34,619 and $98,506 f or the three and nine months ended September 30, 2024, respectively, and $37,285 and $119,648 for the three and nine months ended September 30, 2023, respectively, related to payments received by Energos from third-party charterers.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
Income Taxes	20. Income Taxes The effective tax rate for the three months ended September 30, 2024 was 20.7% compared to 28.8% for the three months ended September 30, 2023 . The total tax provision for the three months ended September 30, 2024 was $2,953 compared to a provision of $25,194 for the three months ended September 30, 2023 . The effective tax rate for the nine months ended September 30, 2024 was 306.6% compared to 17.2% for the nine months ended September 30, 2023 . The total tax provision for the nine months ended September 30, 2024 was $28,012 compared to $69,476 for the nine months ended September 30, 2023 . The Company's effective tax rate for the nine months ended September 30, 2024 differs from the Company's statutory tax rate and the prior periods primarily due to pretax losses in the US and certain foreign jurisdictions, and from establishment of additional valuation allowance in the US and foreign entities. The reversal of net deferred tax assets in these foreign entities is not expected to be realizable.

Commitments and contingencies

Commitments and contingencies	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and contingencies	21. Commitments and contingencies The Company is subject to certain legal and regulatory proceedings, claims and disputes that arise in the ordinary course of business. The Company does not believe that these proceedings, individually or in the aggregate, will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

Earnings per share

Earnings per share	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Earnings per share	22. Earnings per share Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Basic Numerator: Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Net (income) loss attributable to non-controlling interests (2,014) (1,117) (6,597) (3,329) Series A convertible preferred stock cumulative dividend (1,161) — (2,493) — Net income attributable to Class A common stock $ 8,138 $ 61,221 $ (27,967) $ 330,675 Denominator: Weighted-average shares - basic 205,071,771 205,032,928 205,068,178 206,249,474 Net income per share - basic $ 0.04 $ 0.30 $ (0.14) $ 1.60 Diluted Numerator: Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Net (income) loss attributable to non-controlling interests (2,014) (1,117) (6,597) (3,329) Series A convertible preferred stock cumulative dividend (1,161) — (2,493) — Adjustments attributable to dilutive securities (1,675) — (3,443) (1,113) Net income (loss) attributable to Class A common stock 6,463 61,221 (31,410) 329,562 Denominator: Weighted-average shares - diluted 208,880,044 205,032,928 206,836,683 206,804,833 Net income per share - diluted $ 0.03 $ 0.30 $ (0.15) $ 1.59 The following table presents potentially dilutive securities excluded from the computation of diluted net income per share for the periods presented because its effects would have been anti-dilutive. Three Months Ended Nine Months Ended 2024 2023 2024 2023 Unvested RSUs — — 1,690,920 — Series A convertible preferred stock (1) — — 2,039,768 — Equity Agreement shares (2) — 555,359 — — Total — 555,359 3,730,688 — (1) Represents the weighted average number of potentially dilutive shares if the Series A convertible preferred stock was converted on the issuance date. (2) Represents Class A common stock that would be issued in relation to an agreement to issue shares executed in conjunction with a prior year asset acquisition. During the third quarter of 2024, the Company declared a dividend of $20,507, representing $0.10 per Class A share; this dividend had not been paid as of September 30, 2024. The Company declared and paid dividends of $20,503 during the three months ended September 30, 2023 , representing $0.10 per Class A share. The Company paid dividends of $41,010 and $61,473 during the nine months ended September 30, 2024 and 2023 , respectively, representing $0.10 per Class A share. During each of the three months ended September 30, 2024 and 2023 , the Company paid dividends of $3,019 to holders of Golar LNG Partners LP's 8.75% Series A Cumulative Redeemable Preferred Units (“GMLP Series A Preferred Units”). During each of the nine months ended September 30, 2024 and 2023 , the Company paid dividends of $9,057 to holders of the GMLP Series A Preferred Units. As these equity interests have been issued by one of the Company’s consolidated subsidiaries, the value of the GMLP Series A Preferred Units is recognized as non-controlling interest in the condensed consolidated financial statements. During the second quarter of 2023, one of the Company's majority owned consolidated subsidiaries paid a dividend to all shareholders, and the dividend of $3,600 paid to the non-controlling shareholders has been recognized as non-controlling interest in the condensed consolidated financial statements. During the third quarter of 2024, the Company paid dividends on the Series A Convertible Preferred Stock of $2,493 for the nine months ended September 30, 2024. Upon the sale of the vessel Mazo (Refer to Note 11), one of the Company's non-wholly owned subsidiaries paid a dividend using proceeds from the sale. The dividend of $8,662 paid to the other shareholder in this subsidiary was recognized as a reduction to non-controlling interest during the first quarter of 2024.

Share-based compensation

Share-based compensation	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Share-based compensation	23. Share-based compensation The Company has granted restricted stock units ("RSUs") to select officers, employees and certain non-employees under the New Fortress Energy Inc. 2019 Omnibus Incentive Plan. The fair value of RSUs on the grant date is estimated based on the clo sing price of the underlying shares on the grant date. The following table summarizes the RSU activity for the nine months ended September 30, 2024: Restricted Stock Weighted-average Non-vested RSUs as of December 31, 2023 32,327 $ 27.12 Granted 2,786,112 32.66 Vested (41,967) 29.75 Forfeited (121,315) 32.48 Non-vested RSUs as of September 30, 2024 2,655,157 $ 32.68 The non-vested RSUs vest over periods from ten months to approximately two years following the grant date. The weighted-average remaining vesting period of non-vested RSUs totaled 0.85 years as of September 30, 2024. In the second quarter of 2024, the Company granted an equity award to certain employees that will settle in shares of a subsidiary owning the Company's Brazilian operations. The grant date fair value of this award was $53,958 , and the award contains a service condition that will vest in annual increments through March 31, 2027 . Compensation expense of $4,759 and $6,777 for the three and nine months ended September 30, 2024 associated with this award is included in the table below. For the three months and nine months ended September 30, 2024, the Company recognized compensation costs associated with equity awards in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) as follows: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Operations and maintenance $ 80 $ 179 Selling, general and administrative 22,463 47,676 Total share-based compensation expense $ 22,543 $ 47,855 During the three and nine months ended September 30, 2024, the Company recognized a reversal of cumulative compensation expense of $320 and $481, respectively, for forfeited RSU awards. The Company recognizes the income tax benefits resulting from vesting of RSUs in the period of vesting, to the extent the compensation expense has been recognized. As of September 30, 2024, unrecognized compensation costs from non-vested RSUs was $46,903, and unrecognized compensation costs for other equity awards that will settle in shares of a subsidiary owning the Company's Brazilian operations was $47,181

Related party transactions

Related party transactions	9 Months Ended
	Sep. 30, 2024
Related Party Transactions [Abstract]
Related party transactions	24. Related party transactions Management services Messrs. Edens, chief e xecutive officer and chairman of the Board of Directors, and Nardone, member of the Board of Directors, are currently employed by Fortress Investment Group LLC (“Fortress”). In the ordinary course of business, Fortress, through affiliated entities, charges the Company for administrative and general expenses incurred pursuant to its Administrative Services Agreement (“Administrative Agreement”). The charges under the Administrative Agreement that are attributable to the Company totaled $1,363 and $1,643 for the three months ended September 30, 2024 and 2023, respectively, and totaled expenses of $3,171 and $4,284 for the nine months ended September 30, 2024 and 2023, respectively. Costs associated with the Administrative Agreement are included within Selling, general and administrative in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). As of September 30, 2024 and December 31, 2023, $3,104 and $5,691 were due to Fortress, respectively. In addition to administrative services, Mr. Edens owns an aircraft that the Company charters from a third party operator for business purposes in the ordinary course of operations. The Company incurred, at market rates, charter costs of $134 and $523 for the three months ended September 30, 2024 and 2023, respectively, and $1,218 and $1,934 for the nine months ended September 30, 2024 and 2023, respectively. As of September 30, 2024 and December 31, 2023, $251 and $1,095 was due, respectively. Fortress affiliated entities The Company provides certain administrative services to related parties including entities affiliated with Fortress. No costs are incurred for such administrative services by the Company as the Company is fully reimbursed for all costs incurred. The Company has subleased a portion of office space to affiliates of entities managed by Fortress, and for the three months ended September 30, 2024 and 2023, $319 and $280 of rent and office related expenses were incurred by these affiliates, respectively. For the nine months ended September 30, 2024 and 2023, $781 and $821 of rent and office related expenses were incurred by these affiliates, respectively. As of September 30, 2024 and December 31, 2023, $2,338 and $1,547 were due from affiliates, respectively. Additionally, an entity formerly affiliated with Fortress and currently owned by Messrs. Edens and Nardone provides certain administrative services to the Company, as well as providing office space under a month-to-month non-exclusive license agreement. The Company incurred rent and administrative expenses of $0 and $767 for the three months ended September 30, 2024 and 2023, respectively, and $900 and $2,016 for the nine months ended September 30, 2024 and 2023, respectively. In May 2024, this affiliate assigned the office lease to the Company, and after this point, the Company no longer incurs rent expense with this affiliate. As of September 30, 2024 and December 31, 2023, $3,602 and $2,702 were d ue to Fortress affiliated entities, respectively. Land leases The Co mpany has leased land from Florida East Coast Industries, LLC (“FECI”), which is controlled by funds managed by an affiliate of Fortress. The Company recognized expense related to the land lease of $73 and $126 during the three months ended September 30, 2024 and 2023, respectively, and $310 and $378 during the nine months ended September 30, 2024 and 2023, respectively, which was included within Operations and maintenance in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . The Company has amounts due to FECI of $0 and $92 as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024 and December 31, 2023, the Company has recorded a lease liability of $3,377 and $3,368, respectively, for the Company's Miami facility which, after June 30, 2024, has been classified as liabilities held for sale on the Condensed Consolidated Balance Sheets. In September 2023, the Company entered into a lease agreement to lease land from Jefferson Terminal South LLC, which is an indirect, majority-owned subsidiary of a public company which is managed by an affiliate of Fortress. The Company recognized expense related to the land lease of $548 and $30 during the nine months ended September 30, 2024 and 2023, respectively, which was included within Operations and maintenance in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) . The Company has amounts due to Jefferson Terminal of $390 and $0 as of September 30, 2024 and December 31, 2023, respectively. As of September 30, 2024, the Company has recorded a right-of-use asset of $3,622 and a lease liability of $4,383 on the Condensed Consolidated Balance Sheets. As of December 31, 2023, the Company recorded a right-of-use asset of $3,885 and a lease liability of $4,098 on the Condensed Consolidated Balance Sheets. DevTech investment

Segments

Segments	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segments	25. Segments As of September 30, 2024, the Company operates in two reportable segments: Terminals and Infrastructure and Ships: • Terminals and Infrastructure includes the Company’s vertically integrated gas to power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. Vessels that are utilized in the Company’s terminal or logistics operations are included in this segment. The Terminal and Infrastructure segment includes realized gains and losses from the settlement of derivative transactions entered into as economic hedges to reduce market risks associated with commodity prices. • Ships includes vessels that are leased to customers under long-term arrangements, and as of September 30, 2024, four vessels are included in this segment. The Company’s investment in Energos was also included in the Ships segment prior to the disposition of this investment in the first quarter of 2024. Ships Operating Margin also included the Company's effective share of revenue, expenses and operating margin attributable to ownership of the common units of Hilli LLC prior to the disposition of this investment in the first quarter of 2023. The CODM uses Segment Operating Margin to evaluate the performance of the segments and allocate resources. Segment Operating Margin is defined as the segment’s revenue less cost of sales less operations and maintenance less vessel operating expenses, excluding unrealized gains or losses to financial instruments recognized at fair value. The CODM includes deferred earnings from contracted sales for which a prepayment was received in the current period in the segment measure. Management considers Segment Operating Margin to be the appropriate metric to evaluate and compare the ongoing operating performance of the Company’s segments on a consistent basis across reporting periods as it eliminates the effect of items which management does not believe are indicative of each segment’s operating performance. The table below presents segment information for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, 2024 (in thousands of $) Terminals and Ships Total Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 482,200 $ 43,062 $ 525,262 $ 42,273 $ 567,535 Cost of sales 325,292 — 325,292 — 325,292 Vessel operating expenses — 8,254 8,254 — 8,254 Operations and maintenance 32,062 — 32,062 — 32,062 Deferred earnings from contracted sales (5) 60,000 — 60,000 (60,000) — Segment Operating Margin $ 184,846 $ 34,808 $ 219,654 $ (17,727) $ 201,927 Balance sheet: Total assets $ 11,306,440 $ 663,456 $ 11,969,896 $ — $ 11,969,896 Other segmental financial information: Capital expenditures (2) $ 753,011 $ — $ 753,011 $ — $ 753,011 Nine Months Ended September 30, 2024 (in thousands of $) Terminals and Ships Total Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 1,515,365 $ 128,224 $ 1,643,589 $ 42,273 $ 1,685,862 Cost of sales 776,269 — 776,269 — 776,269 Vessel operating expenses — 25,153 25,153 — 25,153 Operations and maintenance 139,902 — 139,902 — 139,902 Deferred earnings from contracted sales (5) 150,000 — 150,000 (150,000) — Segment Operating Margin $ 749,194 $ 103,071 $ 852,265 $ (107,727) $ 744,538 Balance sheet: Total assets $ 11,306,440 $ 663,456 $ 11,969,896 $ — $ 11,969,896 Other segmental financial information: Capital expenditures (2) $ 1,883,824 $ — $ 1,883,824 $ — $ 1,883,824 Three Months Ended September 30, 2023 (in thousands of $) Terminals and Ships Total Segment Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 447,905 $ 66,557 $ 514,462 $ — $ 514,462 Cost of sales (1) (3) 192,343 — 192,343 (423) 191,920 Vessel operating expenses — 11,613 11,613 — 11,613 Operations and maintenance 60,819 — 60,819 — 60,819 Segment Operating Margin $ 194,743 $ 54,944 $ 249,687 $ 423 $ 250,110 Balance sheet: Total assets $ 8,738,875 $ 1,057,495 $ 9,796,370 $ — $ 9,796,370 Other segmental financial information: Capital expenditures (2) $ 662,717 $ — $ 662,717 $ — $ 662,717 Nine Months Ended September 30, 2023 (in thousands of $) Terminals and Ships Total Segment Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 1,446,017 $ 230,315 $ 1,676,332 $ (21,394) $ 1,654,938 Cost of sales (1) (3) 488,512 — 488,512 114,114 602,626 Vessel operating expenses — 42,295 42,295 (5,948) 36,347 Operations and maintenance 121,187 — 121,187 — 121,187 Segment Operating Margin $ 836,318 $ 188,020 $ 1,024,338 $ (129,560) $ 894,778 Balance sheet: Total assets $ 8,738,875 $ 1,057,495 $ 9,796,370 $ — $ 9,796,370 Other segmental financial information: Capital expenditures (2) $ 2,911,345 $ — $ 2,911,345 $ — $ 2,911,345 (1) Cost of sales in the Company’s segment measu re only includes realized gains and losses on derivative transactions that are an economic hedge of commodity purchases and sales, and realized losses of $293 and realized gains of $141,560 for the three and nine months ended September 30, 2023, respectively, were recognized within Cost of sales in the segment measure. There were no commodity swap transactions in 2024. The Company recognized unrealized gains of $423 and unrealized losses of $107,882 on the mark-to-market value of derivative transactions for the three and nine months ended September 30, 2023, respectively, and these gains and losses reconcile Cost of sales in the segment measure to Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The Company has excluded contract acquisition costs that do not meet the criteria for capitalization from the segment measure. Contract acquisition costs of $0 and $6,232 for the three and nine months ended September 30, 2023, respectively, reconcile Cost of sales in the segment measure to Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). There were no contract acquisition costs incurred in 2024. (2) Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period. (3) Cost of sales is presented exclusive of costs included in Depreciation and amortization in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). (4) For the three and nine months ended September 30, 2024, Consolidation and Other adjusts for the inclusion of deferred earnings from contracted sales of $150,000 (Note 6); a portion of these deferred earnings of $42,273 were recognized upon delivery during the third quarter of 2024. In 2023, the effective share of revenues, expenses and operating margin attributable to the Company's ownership of the common units of Hilli LLC in the segment measure prior to the disposition of this investment, as well as unrealized mark-to-market gain or loss on derivative instruments, are also removed. (5) Deferred earnings from contracted sales represent forward sales transactions that were contracted in the current period and prepayment for these sales was received. Revenue will be recognized in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) when delivery under these forward sales transactions is completed from the fourth quarter of 2024 through 2025. Consolidated Segment Operating Margin is defined as net income, adjusted for selling, general and administrative expenses, transaction and integration costs, depreciation and amortization, asset impairment expense, loss on sale of assets, interest expense, other (income) expense, net, loss on extinguishment of debt, net, tax provision and income from equity method investments. The following table reconciles Net income (loss), the most comparable financial statement measure, to Consolidated Segment Operating Margin: Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $) 2024 2023 2024 2023 Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Add: Selling, general and administrative 82,388 49,107 223,720 157,048 Transaction and integration costs 3,154 2,739 6,285 4,787 Depreciation and amortization 35,364 48,670 123,268 125,160 Interest expense 71,107 64,822 228,850 200,891 Other (income) expense, net (5,836) (2,271) 60,630 16,150 Asset impairment expense 1,484 — 5,756 — Loss on sale of assets, net — — 77,140 — Loss on extinguishment of debt, net — — 9,754 — Tax provision 2,953 25,194 28,012 69,476 (Income) from equity method investments — (489) — (12,738) Consolidated Segment Operating Margin $ 201,927 $ 250,110 $ 744,538 $ 894,778

Subsequent events

Subsequent events	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent events	26. Subsequent events Equity Offering On October 1, 2024, the Company entered into an Underwriting Agreement with several underwriters to issue and sell 46,349,942 shares of the Company's Class A common stock, par value $0.01 per share, at a purchase price to the public of $8.63 per share, less underwriting discounts and commissions, in a registered public offering (the "Equity Offering"). The Company's chief executive officer, Wesley R. Edens, agreed to purchase 5,793,742 shares at the public offering price per share and on the same terms as the other purchasers in the Equity Offering. The Equity Offering closed on October 2, 2024. The Company received net proceeds of approximately $387.3 millions after underwriters' discounts and commissions and the estimated offering expenses payable by the Company. Exchange and Subscription Agreement On November 6, 2024, the Company entered into the Exchange and Subscription Agreement with the Supporting Holders to implement the transactions described in the TSA (Refer to Note 19 - Debt). Pursuant to the Exchange and Subscription Agreement, NFE Financing will issue an aggregate principal amount of $2.7 billion in New Notes pursuant to the Transactions. Net proceeds from the Transactions will be used to repay in full the outstanding aggregate principal amount of the Company's 2025 Notes, exchange a portion of the existing 2026 Notes and 2029 Notes, and for general corporate purposes. The New Notes will be issued pursuant to an indenture (the "New Notes Indenture"). Refer to Note 19 - Debt for further information on the Exchange and Subscription Agreement. Pursuant to the Exchange and Subscription Agreement, the Supporting Holders may elect to receive a commitment fee equal to either (i) 5% of the aggregate principal amount of such Supporting Holder’s New Notes, payable in shares of Class A common stock of the Company, at a price of $8.63 per share (the "Commitment Fee Shares"), (ii) 2% of the aggregate principal amount of such Supporting Holder’s New Notes, payable in kind in the form of additional New Notes (the "Commitment Fee Notes"), or (iii) a combination of the foregoing. To the extent any Supporting Holder elects to receive Commitment Fee Notes, the equivalent value in Commitment Fee Shares will be ratably reallocated amongst the other Supporting Holders to ensure that the Supporting Holders will in any case receive 5% of the total amount of New Notes payable in Commitment Fee Shares. In the event any Supporting Holder elects to receive the Commitment Fee Shares, such Supporting Holder will enter into a Registration Rights Agreement with the Company, pursuant to which such Supporting Holder is entitled to certain registration rights and subject to certain lock-up restrictions. Any Supporting Holders may not, subject to customary exceptions, offer, sell, contract to sell, pledge or otherwise dispose of the Commitment Fee Shares for a period of six months from the date of the Registration Rights Agreement without the prior written consent of the Company. New Notes Indenture The New Notes will be issued by NFE Financing, bearing interest at a per annum rate of 12% and interest will be payable semi-annually in arrears on May 15 and November 15 of each year, beginning on May 15, 2025. The New Notes will mature on November 15, 2029 and are payable in full on maturity date. NFE Financing may redeem the New Notes, in whole or in part, at any time prior to maturity, subject to certain prepayment premiums. NFE Financing is required to prepay the New Notes, subject to repurchase premiums, upon occurrence of change of control events and other specified prepayment events. Additionally, the New Notes will be subject to a par repurchase offer in connection with any “Pass Through Prepayment Event” (defined as any prepayment made under the Brazil Parent Credit Agreement or the Series II Credit Agreement (each, as defined below)). The New Notes will be guaranteed on a senior secured basis by NFE Financing’s wholly-owned subsidiary, Bradford County Real Estate Partners LLC ("New Notes Guarantor"), which owns the Company's land in Wyalusing, Pennsylvania. The New Notes will be secured by first-priority liens on (a) all assets of NFE Financing, including the promissory note evidencing indebtedness under the Series II Credit Agreement (as defined below), the promissory note evidencing indebtedness under the Brazil Parent Credit Agreement (as defined below), approximately 45% of the equity in NFE Brazil Holdings Limited ("NFE Brazil Holdings"), which owns the Company’s Brazil business, and 100% of the equity in the New Notes Guarantor and (b) all assets of the New Notes Guarantor. In connection with NFE Financing’s issuance of the New Notes, NFE will: (i) enter into approximately $1.4 billion Series II Credit Agreement (as defined below) with NFE Financing, (ii) enter into an approximately $970 million Series I Credit Agreement (as defined below) with NFE Brazil Investments LLC (“Brazil Parent”), an indirectly owned, restricted subsidiary of the Company and the direct parent of NFE Financing, and (iii) further cause Brazil Parent to enter into an approximately $970 million Brazil Parent Credit Agreement (as defined below) with NFE Financing. Intercompany loans Brazil Parent Credit Agreement NFE Financing and Brazil Parent will enter into a credit agreement (the “Brazil Parent Credit Agreement”), whereby NFE Financing will provide a term loan of approximately $970 million (the “Brazil Parent Term Loan”) to Brazil Parent, which will mature in November 2029. The obligations under the Brazil Parent Credit Agreement will be secured by substantially all assets of Brazil Parent (including a pledge of the equity interests held by Brazil Parent in NFE Brazil Holdings). Brazil Parent may redeem the Brazil Parent Term Loan, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums. Brazil Parent is required to prepay the Brazil Parent Term Loan, subject to repurchase premiums, upon occurrence of certain events, including any change of control and receipt of net proceeds from any prepayment under the Series I Credit Agreement (as defined below). The Brazil Parent Credit Agreement is expected to contain usual and customary representations and warranties, covenants and events of default for financings of this type. Series I Credit Agreement NFE and Brazil Parent will enter into a term loan credit agreement (“Series I Credit Agreement”), under which Brazil Parent will provide NFE a senior secured term loan in an aggregate principal amount of approximately $970 million (the “Series I Term Loan”). The Company intends to use proceeds to repay in full the outstanding aggregate principal amount of the Company’s 2025 Notes and consummate a portion of the Exchange Transactions. Series II Credit Agreement NFE and NFE Financing will enter into a term loan credit agreement (“Series II Credit Agreement”), under which NFE Financing will provide NFE a senior secured term loan in an aggregate principal amount of approximately $1.4 billion (the “Series II Term Loan”). The proceeds will be used by the Company to consummate the Exchange Transactions. Both Series I and Series II Term Loan will mature in November 2029 and will be payable in full on the maturity date. The obligations under both the Series I Credit Agreement and Series II Credit Agreement will be guaranteed, jointly and severally, on a senior secured basis by each subsidiary that is a guarantor under the 2026 Notes and the 2029 Notes. The obligations under the Series I and Series II Credit Agreement will be secured by substantially the same collateral that currently secures the 2026 Notes and 2029 Notes. An equal priority intercreditor agreement will govern the treatment of the collateral. The Company may redeem the Series I and Series II Term Loan, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums. In addition, the Company will be required to prepay the Series I and Series II Term Loan upon the occurrence of any change of control (as defined in the New Notes Indenture and the Brazil Parent Credit Agreement), and with the net proceeds of certain asset sales, condemnations and debt and convertible securities issuances. Both Series I and Series II Credit Agreement are expected to contain customary representations, warranties, covenants and events of default, subject to certain thresholds and grace periods, typical for financings of this type. Credit Agreement Amendments On November 6, 2024, the Company entered into the Ninth Amendment to its Revolving Credit Agreement (the “Ninth Amendment”), which extends the maturity date of the Revolving Facility for consenting lenders from April 15, 2026 to October 15, 2027, subject to certain events that would cause the maturity to spring to an earlier date as described in the Ninth Amendment. On November 6, 2024, the Company entered into the Fifth Amendment to Uncommitted Letter of Credit and Reimbursement Agreement (the “Fifth Amendment”, and together with the “Ninth Amendment,” the “Amendments”). The Amendments, among other things, modify the definition of Excluded Assets and exclude certain assets of the Company’s Brazil business from the definition of Excluded Assets. The Amended Credit Agreements also amend the financial covenant that tests the consolidated first lien debt ratio. The consolidated first lien debt ratio cannot exceed (i) 9.50 to 1.00, for the fiscal quarters ending March 31, 2025 through June 30, 2025, (ii) 8.50 to 1.00, for the fiscal quarters ending September 30, 2025 through December 31, 2025, (iii) 8.00 to 1.00, for the fiscal quarters ending March 31, 2026 through June 30, 2026, and (iv) 7.50 to 1.00, for the fiscal quarters ending September 30, 2026 and each fiscal quarter thereafter. The Amended Credit Agreements also add a fixed charge coverage ratio test. Commencing with the fiscal quarter ending March 31, 2025, the Company cannot permit the fixed charge coverage ratio (the ratio of consolidated EBITDA to fixed charges) for the Company and its restricted subsidiaries to be less than 0.80 to 1.00 for the fiscal quarter ending March 31, 2025 and, for the fiscal quarter ending June 30, 2025 and each fiscal quarter thereafter, 1.00 to 1.00. Additionally, the Amendments modify how consolidated EBITDA is calculated to more closely align with the calculations in certain of the Company's existing term loan facilities and also remove the Debt to Total Capitalization Ratio. Lumina Note Purchase Agreement

Basis of presentation (Policies

Basis of presentation (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of presentation	The accompanying unaudited interim condensed consolidated financial statements contained herein were prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and reflect all normal and recurring adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations and cash flows of the Company for the interim periods presented. These condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s annual audited consolidated financial statements and accompanying notes included in its Annual Report on Form 10-K for the year ended December 31, 2023 (the "Annual Report"). Certain prior year amounts have been reclassified to conform to current year presentation.
Adoption of new and revised standards	In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures . ASU 2023-07 requires disclosure of significant segment expenses and other segment items that are regularly provided to the CODM and included within each reported measure of segment profit or loss, and the title and position of the entity’s CODM. The amendments in this update also require entities to provide in interim periods all disclosures about a reportable segment’s profit or loss and assets that are currently required annually. ASU 2023-07 will be effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is allowed, and the amendments in this update must be applied retrospectively to all periods presented in the financial statements, unless it is not feasible. The Company is currently reviewing the impact that the adoption of ASU 2023-07 may have on the Company's consolidated financial statements and disclosures. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures , requiring companies to annually present specific categories in the effective tax rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. Further, the ASU requires disclosure of income taxes paid (net of refunds received) disaggregated by federal, state and foreign taxes and to disaggregate the information by jurisdiction based on a quantitative threshold. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, and early adoption is allowed. The amendments should be applied on a prospective basis, but retrospective application is allowed. The Company is currently reviewing the impact that the adoption of ASU 2023-09 may have on the Company's consolidated financial statements and disclosures. In March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718): Scope Application of Profits Interest and Similar Awards , providing illustrative guidance to help entities determine whether profits interest and similar awards should be accounted for as share-based payment arrangements within the scope of Topic 718. The amendments in this ASU are effective for annual periods beginning after December 15, 2024, and interim periods within those annual periods. Early adoption is allowed, and the amendments can be applied on a prospective or retrospective basis. The Company is currently reviewing the impact that the adoption of ASU 2024-01 may have on the Company's consolidated financial statements and disclosures. The Company has reviewed all other recently issued accounting pronouncements and concluded that such pronouncements are either not applicable to the Company or no material impact is expected in the consolidated financial statements as a result of future adoption.

Revenue recognition (Tables)

Revenue recognition (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Schedule of Contract with Customer, Contract Asset, Contract Liability, and Receivable	The table below summarizes the balances in Other revenue: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest income and other revenue $ 2,600 $ 370 $ 12,276 $ 2,175 Operation and maintenance revenue 59,219 25,937 168,073 25,937 Total other revenue $ 61,819 $ 26,307 $ 180,349 $ 28,112 September 30, 2024 December 31, 2023 Contract assets, net - current $ 56,996 $ 8,714 Contract assets, net - non-current 17,745 19,901 Total contract assets, net $ 74,741 $ 28,615 Contract liabilities, net - current $ 121,361 $ 65,287 Contract liabilities, net - non-current 11,750 31,698 Total contract liabilities, net $ 133,111 $ 96,985 Revenue recognized in the year from: Amounts included in contract liabilities at the beginning of the year $ 82,062 $ 12,748
Schedule of Remaining Performance Obligations	The pattern of recognition reflects the minimum guaranteed volumes in each period: Period Revenue Remainder of 2024 $ 76,690 2025 711,529 2026 709,586 2027 705,896 2028 690,665 Thereafter 9,529,656 Total $ 12,424,022
Schedule of Property, Plant and Equipment Subject to Operating Leases	Vessels included in the Energos Formation Transaction (defined below in Note 12), including those vessels chartered to third parties, continue to be recognized on the Condensed Consolidated Balance Sheets. The carrying amount of these vessels that are leased to third parties under operating leases is as follows: September 30, 2024 December 31, 2023 Property, plant and equipment $ 686,683 $ 686,683 Accumulated depreciation (89,751) (69,977) Property, plant and equipment, net $ 596,932 $ 616,706
Schedule of Components of Lease Income	The components of lease income from vessel operating leases for the three and nine months ended September 30, 2024 and 2023 are shown below. As the Company has not recognized the sale of all of the vessels included in the Energos Formation Transaction (defined below), the operating lease income shown below for the three and nine months ended September 30, 2024 includes revenue of $17,407 and $102,569 from third-party charters of vessels included in the Energos Formation Transaction. The operating lease income shown below for the three and nine months ended September 30, 2023 includes revenue of $66,557 and $208,921, respectively, from third-party charters of vessels included in the Energos Formation Transaction. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease income $ 50,537 $ 66,557 $ 143,840 $ 208,921 Variable lease income 9,131 730 14,899 730 Total operating lease income $ 59,668 $ 67,287 $ 158,739 $ 209,651

Leases, as lessee (Tables)

Leases, as lessee (Tables)	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
Right-of-use Assets, Current Lease Liabilities and Non-current Lease Liabilities	As of September 30, 2024 and December 31, 2023, ROU assets, current lease liabilities and non-current lease liabilities consisted of the following: September 30, 2024 December 31, 2023 Operating right-of-use-assets $ 621,807 $ 538,055 Finance right-of-use-assets (1) 19,171 50,330 Total right-of-use assets $ 640,978 $ 588,385 Current lease liabilities: Operating lease liabilities $ 116,898 $ 135,867 Finance lease liabilities 4,051 28,681 Total current lease liabilities $ 120,949 $ 164,548 Non-current lease liabilities: Operating lease liabilities $ 490,010 $ 390,519 Finance lease liabilities 4,212 15,975 Total non-current lease liabilities $ 494,222 $ 406,494 (1) Finance lease ROU assets are recorded net of accumulated amortization of $6,754 and $21,470 as of September 30, 2024 and December 31, 2023 , respectively.
Lease, Cost	For the three and nine months ended September 30, 2024 and 2023, the Company’s operating lease cost recorded within the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Fixed lease cost $ 44,501 $ 33,840 $ 120,749 $ 73,066 Variable lease cost — 1,435 2,709 3,036 Short-term lease cost 1,870 11,502 8,460 17,421 Lease cost - Cost of sales $ 43,790 $ 28,409 $ 109,798 $ 59,300 Lease cost - Operations and maintenance 1,104 16,274 16,250 28,322 Lease cost - Selling, general and administrative 1,477 2,094 5,870 5,901 Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest expense related to finance leases $ 150 $ 1,080 $ 872 $ 2,766 Amortization of right-of-use asset related to finance leases 471 5,888 5,795 13,448
Supplemental Cash Flow Information Related to Leases	Cash paid for operating leases is reported in operating activities in the Condensed Consolidated Statements of Cash Flows. Supplemental cash flow information related to leases was as follows for the nine months ended September 30, 2024 and 2023: Nine Months Ended September 30, 2024 2023 Operating cash outflows for operating lease liabilities $ 141,021 $ 89,326 Financing cash outflows for finance lease liabilities 6,713 13,582 Right-of-use assets obtained in exchange for new operating lease liabilities 206,344 130,646 Right-of-use assets obtained in exchange for new finance lease liabilities — 47,672
Future Payments Due under Operating and Financing Lease	The future payments due under operating and finance leases as of September 30, 2024 are as follows: Operating Leases Financing Leases Due remainder of 2024 $ 49,537 $ 1,585 2025 150,100 4,344 2026 111,200 2,592 2027 110,846 89 2028 109,230 89 Thereafter 327,747 852 Total lease payments $ 858,660 $ 9,551 Less: effects of discounting 251,752 1,288 Present value of lease liabilities $ 606,908 $ 8,263 Current lease liability $ 116,898 $ 4,051 Non-current lease liability 490,010 4,212

Financial instruments (Tables)

Financial instruments (Tables)	9 Months Ended
	Sep. 30, 2024
Fair Value Disclosures [Abstract]
Schedule of Fair Value, by Balance Sheet Grouping	The following table presents the Company’s financial assets and financial liabilities, including those that are measured at fair value, as of September 30, 2024 and December 31, 2023: Level 1 Level 2 Level 3 Total September 30, 2024 Assets Investment in equity securities $ — $ — $ 8,678 $ 8,678 Foreign exchange contracts — 10,491 — 10,491 Liabilities Foreign exchange contracts $ — $ 1,058 $ — $ 1,058 Contingent consideration derivative liabilities — — 40,806 40,806 December 31, 2023 Assets Investment in equity securities $ — $ — $ 7,678 $ 7,678 Liabilities Contingent consideration derivative liabilities $ — $ — $ 37,832 $ 37,832
Schedule of Gain (Loss) on Securities	The table below summarizes the fair value adjustment to instruments measured at Level 3 in the fair value hierarchy. These adjustments have been recorded within Other (income) expense, net in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Contingent consideration derivative liabilities - Fair value adjustment - (gain) $ (2,723) $ (2,722) $ (5,027) $ (5,757)

Restricted cash (Tables)

Restricted cash (Tables)	9 Months Ended
	Sep. 30, 2024
Restricted Cash [Abstract]
Schedule of Restricted Cash	As of September 30, 2024 and December 31, 2023, restricted cash consisted of the following: September 30, 2024 December 31, 2023 Cash restricted under the terms of loan agreements $ 87,851 $ 102,079 Collateral for letters of credit and performance bonds 58,030 53,321 Total restricted cash $ 145,881 $ 155,400

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Inventory	As of September 30, 2024 and December 31, 2023, inventory consisted of the following: September 30, 2024 December 31, 2023 LNG and natural gas inventory $ 51,161 $ 75,417 Automotive diesel oil inventory 9,964 10,121 Bunker fuel, materials, supplies and other 26,970 28,146 Total inventory $ 88,095 $ 113,684

Prepaid expenses and other cu_2

Prepaid expenses and other current assets (Tables)	9 Months Ended
	Sep. 30, 2024
Prepaid Expense and Other Assets, Current [Abstract]
Schedule of Prepaid Expenses and Other Current Assets, Net	As of September 30, 2024 and December 31, 2023, prepaid expenses and other current assets consisted of the following: September 30, 2024 December 31, 2023 Prepaid expenses $ 23,025 $ 31,490 Recoverable taxes 97,843 80,630 Due from affiliates 2,329 1,566 Assets held for sale 67,721 21,265 Other current assets 82,337 78,153 Total prepaid expenses and other current assets, net $ 273,255 $ 213,104

Equity method investments (Tabl

Equity method investments (Tables)	9 Months Ended
	Sep. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Changes in Equity Method Investments	Changes in the balance of the Company’s equity method investment in Energos was as follows: September 30, 2024 Equity method investments as of December 31, 2023 $ 137,793 Capital contribution 6,794 Sale of equity method investments (144,587) Equity method investments as of September 30, 2024 $ —

Construction in progress (Table

Construction in progress (Tables)	9 Months Ended
	Sep. 30, 2024
Construction in progress [Abstract]
Schedule of Construction in Progress Activity	The Company’s construction in progress activity during the nine months ended September 30, 2024 is detailed below: September 30, 2024 Construction in progress as of December 31, 2023 $ 5,348,294 Additions 1,858,735 Impact of currency translation adjustment (75,250) Assets placed in service (80,482) Construction in progress as of September 30, 2024 $ 7,051,297

Property, plant and equipment_2

Property, plant and equipment, net (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment, Net	As of September 30, 2024 and December 31, 2023, the Company’s property, plant and equipment, net consisted of the following: September 30, 2024 December 31, 2023 Vessels $ 1,576,346 $ 1,494,433 Terminal and power plant equipment 470,690 668,927 Power facilities 269,939 273,978 ISO containers and other equipment 70,087 97,984 LNG liquefaction facilities — 63,316 Gas pipelines 66,320 66,319 Land 54,518 54,324 Leasehold improvements 49,245 139,967 Accumulated depreciation (422,158) (377,833) Total property, plant and equipment, net $ 2,134,987 $ 2,481,415

Goodwill and intangible assets

Goodwill and intangible assets (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Composition of Intangible Assets	The following tables summarize the composition of intangible assets as of September 30, 2024 and December 31, 2023: September 30, 2024 Gross Carrying Amount Accumulated Amortization Currency Translation Adjustment Net Carrying Amount Weighted Average Life Definite-lived intangible assets Acquired capacity reserve contract $ 162,045 $ (4,344) $ (13,469) $ 144,232 17 Favorable vessel charter contracts 17,700 (12,797) — 4,903 4 Permits and development rights 61,894 (6,342) (781) 54,771 33 Easements 1,559 (380) — 1,179 30 Indefinite-lived intangible assets Easements 1,191 — (10) 1,181 n/a Total intangible assets $ 244,389 $ (23,863) $ (14,260) $ 206,266 December 31, 2023 Gross Carrying Accumulated Currency Translation Net Carrying Weighted Definite-lived intangible assets Favorable vessel charter contracts $ 17,700 $ (10,615) $ — $ 7,085 4 Permits and development rights 48,217 (5,557) (291) 42,369 38 Easements 1,555 (341) — 1,214 30 Indefinite-lived intangible assets Easements 1,191 — (44) 1,147 n/a Total intangible assets $ 68,663 $ (16,513) $ (335) $ 51,815

Other non-current assets, net (

Other non-current assets, net (Tables)	9 Months Ended
	Sep. 30, 2024
Other Assets, Noncurrent Disclosure [Abstract]
Schedule of Other Assets, Noncurrent	As of September 30, 2024 and December 31, 2023, Other non-current assets consisted of the following: September 30, 2024 December 31, 2023 Cost to fulfill (Note 6) 21,144 22,418 Contract assets, net (Note 6) 17,745 19,901 Investments in equity securities 8,678 7,678 Other 64,705 76,906 Total other non-current assets, net $ 112,272 $ 126,903

Accrued liabilities (Tables)

Accrued liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Payables and Accruals [Abstract]
Schedule of Accrued Liabilities	As of September 30, 2024 and December 31, 2023, Accrued liabilities consisted of the following: September 30, 2024 December 31, 2023 Accrued development costs $ 234,384 $ 286,030 Accrued interest 56,028 82,507 Accrued bonuses 27,999 41,356 Other accrued expenses 55,471 61,782 Total accrued liabilities $ 373,882 $ 471,675

Other current liabilities (Tabl

Other current liabilities (Tables)	9 Months Ended
	Sep. 30, 2024
Other Liabilities Disclosure [Abstract]
Schedule of Other Current Liabilities	As of September 30, 2024 and December 31, 2023 , Other current liabilities consisted of the following: September 30, 2024 December 31, 2023 Derivative liabilities $ 16,927 $ 19,450 Contract liabilities (Note 6) 121,361 65,287 Income tax payable 72,764 54,040 Due to affiliates 6,691 9,579 Winter sub-charter liability — 49,400 Liabilities held for sale (Note 11) 8,808 — Other current liabilities 22,274 30,195 Total other current liabilities $ 248,825 $ 227,951

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Long-term Debt	As of September 30, 2024 and December 31, 2023, debt consisted of the following: September 30, 2024 December 31, 2023 Senior Secured Notes, due September 2025 $ 873,027 $ 1,245,662 Senior Secured Notes, due September 2026 1,489,648 1,486,374 Senior Secured Notes, due March 2029 737,116 — Vessel Financing Obligation, due August 2042 1,380,692 1,359,995 Term Loan B, due October 2028 774,959 771,420 Revolving Facility 1,000,000 866,600 BNDES Term Loan, due October 2045 343,485 — PortoCem Bridge Loan, due October 2025 270,718 — Term Loan A, due July 2027 249,260 — South Power 2029 Bonds, due May 2029 217,644 216,993 Short-term Borrowings 195,333 182,270 Barcarena Debentures, due October 2028 187,627 175,025 Turbine Financing, due July 2027 144,546 — EB-5 Loan, due July 2028 98,561 61,614 Tugboat Financing, due December 2038 46,372 46,728 Barcarena Term Loan, due February 2024 — 199,678 Equipment Notes, due July 2026 — 190,789 Total debt $ 8,008,988 $ 6,803,148 Current portion of long-term debt $ 1,145,865 $ 292,625 Long-term debt 6,863,123 6,510,523
Schedule of Interest Expense	Interest expense, net of amounts capitalized, recognized for the three and nine months ended September 30, 2024 and 2023 consisted of the following: Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Interest per contractual rates $ 144,609 $ 89,908 $ 397,025 $ 229,327 Interest expense on Vessel Financing Obligation 46,646 52,373 145,161 159,168 Amortization of debt issuance costs, premiums and discounts 11,519 4,777 32,648 11,520 Interest expense incurred on finance lease obligations 150 1,080 872 2,766 Total interest costs $ 202,924 $ 148,138 $ 575,706 $ 402,781 Capitalized interest 131,817 83,316 346,856 201,890 Total interest expense $ 71,107 $ 64,822 $ 228,850 $ 200,891

Earnings per share (Tables)

Earnings per share (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Basic Numerator: Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Net (income) loss attributable to non-controlling interests (2,014) (1,117) (6,597) (3,329) Series A convertible preferred stock cumulative dividend (1,161) — (2,493) — Net income attributable to Class A common stock $ 8,138 $ 61,221 $ (27,967) $ 330,675 Denominator: Weighted-average shares - basic 205,071,771 205,032,928 205,068,178 206,249,474 Net income per share - basic $ 0.04 $ 0.30 $ (0.14) $ 1.60 Diluted Numerator: Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Net (income) loss attributable to non-controlling interests (2,014) (1,117) (6,597) (3,329) Series A convertible preferred stock cumulative dividend (1,161) — (2,493) — Adjustments attributable to dilutive securities (1,675) — (3,443) (1,113) Net income (loss) attributable to Class A common stock 6,463 61,221 (31,410) 329,562 Denominator: Weighted-average shares - diluted 208,880,044 205,032,928 206,836,683 206,804,833 Net income per share - diluted $ 0.03 $ 0.30 $ (0.15) $ 1.59
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table presents potentially dilutive securities excluded from the computation of diluted net income per share for the periods presented because its effects would have been anti-dilutive. Three Months Ended Nine Months Ended 2024 2023 2024 2023 Unvested RSUs — — 1,690,920 — Series A convertible preferred stock (1) — — 2,039,768 — Equity Agreement shares (2) — 555,359 — — Total — 555,359 3,730,688 — (1) Represents the weighted average number of potentially dilutive shares if the Series A convertible preferred stock was converted on the issuance date. (2)

Share-based compensation (Table

Share-based compensation (Tables)	9 Months Ended
	Sep. 30, 2024
Share-Based Payment Arrangement [Abstract]
Schedule of Nonvested Performance-based Units Activity	The following table summarizes the RSU activity for the nine months ended September 30, 2024: Restricted Stock Weighted-average Non-vested RSUs as of December 31, 2023 32,327 $ 27.12 Granted 2,786,112 32.66 Vested (41,967) 29.75 Forfeited (121,315) 32.48 Non-vested RSUs as of September 30, 2024 2,655,157 $ 32.68
Schedule of Share Based Compensation Expense	For the three months and nine months ended September 30, 2024, the Company recognized compensation costs associated with equity awards in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) as follows: Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Operations and maintenance $ 80 $ 179 Selling, general and administrative 22,463 47,676 Total share-based compensation expense $ 22,543 $ 47,855

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2024
Segment Reporting [Abstract]
Segment Information	The table below presents segment information for the three and nine months ended September 30, 2024 and 2023: Three Months Ended September 30, 2024 (in thousands of $) Terminals and Ships Total Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 482,200 $ 43,062 $ 525,262 $ 42,273 $ 567,535 Cost of sales 325,292 — 325,292 — 325,292 Vessel operating expenses — 8,254 8,254 — 8,254 Operations and maintenance 32,062 — 32,062 — 32,062 Deferred earnings from contracted sales (5) 60,000 — 60,000 (60,000) — Segment Operating Margin $ 184,846 $ 34,808 $ 219,654 $ (17,727) $ 201,927 Balance sheet: Total assets $ 11,306,440 $ 663,456 $ 11,969,896 $ — $ 11,969,896 Other segmental financial information: Capital expenditures (2) $ 753,011 $ — $ 753,011 $ — $ 753,011 Nine Months Ended September 30, 2024 (in thousands of $) Terminals and Ships Total Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 1,515,365 $ 128,224 $ 1,643,589 $ 42,273 $ 1,685,862 Cost of sales 776,269 — 776,269 — 776,269 Vessel operating expenses — 25,153 25,153 — 25,153 Operations and maintenance 139,902 — 139,902 — 139,902 Deferred earnings from contracted sales (5) 150,000 — 150,000 (150,000) — Segment Operating Margin $ 749,194 $ 103,071 $ 852,265 $ (107,727) $ 744,538 Balance sheet: Total assets $ 11,306,440 $ 663,456 $ 11,969,896 $ — $ 11,969,896 Other segmental financial information: Capital expenditures (2) $ 1,883,824 $ — $ 1,883,824 $ — $ 1,883,824 Three Months Ended September 30, 2023 (in thousands of $) Terminals and Ships Total Segment Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 447,905 $ 66,557 $ 514,462 $ — $ 514,462 Cost of sales (1) (3) 192,343 — 192,343 (423) 191,920 Vessel operating expenses — 11,613 11,613 — 11,613 Operations and maintenance 60,819 — 60,819 — 60,819 Segment Operating Margin $ 194,743 $ 54,944 $ 249,687 $ 423 $ 250,110 Balance sheet: Total assets $ 8,738,875 $ 1,057,495 $ 9,796,370 $ — $ 9,796,370 Other segmental financial information: Capital expenditures (2) $ 662,717 $ — $ 662,717 $ — $ 662,717 Nine Months Ended September 30, 2023 (in thousands of $) Terminals and Ships Total Segment Consolidation and Other (4) Consolidated Statement of operations: Total revenues $ 1,446,017 $ 230,315 $ 1,676,332 $ (21,394) $ 1,654,938 Cost of sales (1) (3) 488,512 — 488,512 114,114 602,626 Vessel operating expenses — 42,295 42,295 (5,948) 36,347 Operations and maintenance 121,187 — 121,187 — 121,187 Segment Operating Margin $ 836,318 $ 188,020 $ 1,024,338 $ (129,560) $ 894,778 Balance sheet: Total assets $ 8,738,875 $ 1,057,495 $ 9,796,370 $ — $ 9,796,370 Other segmental financial information: Capital expenditures (2) $ 2,911,345 $ — $ 2,911,345 $ — $ 2,911,345 (1) Cost of sales in the Company’s segment measu re only includes realized gains and losses on derivative transactions that are an economic hedge of commodity purchases and sales, and realized losses of $293 and realized gains of $141,560 for the three and nine months ended September 30, 2023, respectively, were recognized within Cost of sales in the segment measure. There were no commodity swap transactions in 2024. The Company recognized unrealized gains of $423 and unrealized losses of $107,882 on the mark-to-market value of derivative transactions for the three and nine months ended September 30, 2023, respectively, and these gains and losses reconcile Cost of sales in the segment measure to Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). The Company has excluded contract acquisition costs that do not meet the criteria for capitalization from the segment measure. Contract acquisition costs of $0 and $6,232 for the three and nine months ended September 30, 2023, respectively, reconcile Cost of sales in the segment measure to Cost of sales in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). There were no contract acquisition costs incurred in 2024. (2) Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period. (3) Cost of sales is presented exclusive of costs included in Depreciation and amortization in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss). (4) For the three and nine months ended September 30, 2024, Consolidation and Other adjusts for the inclusion of deferred earnings from contracted sales of $150,000 (Note 6); a portion of these deferred earnings of $42,273 were recognized upon delivery during the third quarter of 2024. In 2023, the effective share of revenues, expenses and operating margin attributable to the Company's ownership of the common units of Hilli LLC in the segment measure prior to the disposition of this investment, as well as unrealized mark-to-market gain or loss on derivative instruments, are also removed. (5) Deferred earnings from contracted sales represent forward sales transactions that were contracted in the current period and prepayment for these sales was received. Revenue will be recognized in the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) when delivery under these forward sales transactions is completed from the fourth quarter of 2024 through 2025.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated	The following table reconciles Net income (loss), the most comparable financial statement measure, to Consolidated Segment Operating Margin: Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $) 2024 2023 2024 2023 Net income (loss) $ 11,313 $ 62,338 $ (18,877) $ 334,004 Add: Selling, general and administrative 82,388 49,107 223,720 157,048 Transaction and integration costs 3,154 2,739 6,285 4,787 Depreciation and amortization 35,364 48,670 123,268 125,160 Interest expense 71,107 64,822 228,850 200,891 Other (income) expense, net (5,836) (2,271) 60,630 16,150 Asset impairment expense 1,484 — 5,756 — Loss on sale of assets, net — — 77,140 — Loss on extinguishment of debt, net — — 9,754 — Tax provision 2,953 25,194 28,012 69,476 (Income) from equity method investments — (489) — (12,738) Consolidated Segment Operating Margin $ 201,927 $ 250,110 $ 744,538 $ 894,778

Organization (Details)

Organization (Details)	9 Months Ended
	Sep. 30, 2024 Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	2

Asset acquisition and redeema_2

Asset acquisition and redeemable preferred stock (Details) $ / shares in Units, $ in Thousands				3 Months Ended
	Oct. 01, 2024 $ / shares shares	Aug. 02, 2024 USD ($) GW	Mar. 20, 2024 USD ($) $ / shares GW shares	Mar. 31, 2024 shares	Sep. 30, 2024 USD ($) $ / shares	Dec. 31, 2023 $ / shares
Class of Stock [Line Items]
Issuance of Series A convertible preferred stock, net (in shares) | shares				96,746
Temporary equity, par value (in dollars per share) | $ / shares					$ 0.01	$ 0.01
Number of consecutive trading days			30 days
Series A convertible preferred stock
Class of Stock [Line Items]
Temporary equity, dividend rate, percentage			4.80%
Temporary equity, liquidation preference per share (in dollars per share) | $ / shares			$ 1,000
Preferred stock, dividend rate, increase, percentage			6.80%
Shares issued upon conversion (in shares) | shares			5,000
Temporary equity, conversion price quotient (in dollars per share) | $ / shares			$ 1,000
Initial conversion price (in dollars per share) | $ / shares			47.43
Temporary equity, redemption price per share (in usd per share) | $ / shares			$ 1,000
Temporary equity, written notice period			45 days
Temporary equity, return on investment as of redemption date			1.4
Temporary equity, number of trading days share price condition is not met			30 days
Temporary equity, number of calendar days after delivery of required notice if share price condition is met			30 days
Usina Termeletrica de Lins S.A.
Class of Stock [Line Items]
Percentage of outstanding shares acquired		100%
Equity method investments, power plant energy | GW		2.05
Cash consideration at date of merger		$ 2,000
Asset acquisition, maximum future payments contingent on achieving certain milestones		18,500
Fair value of contingent payments		8,080			$ 7,715
Total purchase consideration		10,080
Asset acquisition, deferred tax liability		$ 4,163
PortoCem Acquisition
Class of Stock [Line Items]
Total purchase consideration			$ 162,860
Asset acquisition, deferred tax liability			$ 37,662
Issuance of Series A convertible preferred stock, net (in shares) | shares			96,746,000
Purchase agreement, term			15 years
Purchase agreement, power | GW			1.6
Asset acquisition, consideration transferred, transaction cost			$ 592
PortoCem Acquisition | Series A convertible preferred stock
Class of Stock [Line Items]
Temporary equity, dividend rate, percentage			4.80%
PortoCem Acquisition | Series B Convertible Preferred Stock | Subsequent Event
Class of Stock [Line Items]
Issuance of Series A convertible preferred stock, net (in shares) | shares	96,746
Temporary equity, dividend rate, percentage	4.80%
Temporary equity, par value (in dollars per share) | $ / shares	$ 0.01
Temporary equity, liquidation preference per share (in dollars per share) | $ / shares	$ 1,000
PortoCem Acquisition | Series A Preferred Stock | Subsequent Event
Class of Stock [Line Items]
Preferred stock, shares held in escrow (in shares) | shares	10,000
PortoCem Acquisition | Series A Preferred Stock | Ceiba Energy | Subsequent Event
Class of Stock [Line Items]
Preferred stock, shares outstanding (in shares) | shares	86,746

Asset sale (Details)

Asset sale (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on extinguishment of debt, net		$ 0	$ 0	$ (9,754)	$ 0
Equipment Notes, due July 2026
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on extinguishment of debt, net	$ (7,879)
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Turbines And Related Equipment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal group, purchase price	$ 306,599
Maintenance service obligation period	12 months
Standalone selling price of maintenance services	$ 15,330
Maintenance services revenue				$ 6,736
Property, plant and equipment	368,799
Gain (loss) on disposition of property plant equipment	$ 77,530

Revenue recognition - Narrative

Revenue recognition - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023
Disaggregation of Revenue [Line Items]
Operating revenue	$ 446,048		$ 420,868	$ 1,346,774	$ 1,417,175
Receivables, revenue from contracts with customers	429,130			429,130			$ 331,108
Accounts receivable, allowance for credit loss, current	9,859			9,859			1,158
Additional allowance for uncollectible receivables		$ 11,595
Contract with customer, receivable, after allowance for credit loss	221			221			326
Received a prepayment	22,180			22,180			28,536
Deferred revenue at the time of termination	133,111	$ 43,577		133,111			96,985
Capitalized contract cost, net	23,349			23,349			25,282
Other current assets	2,205			2,205			2,864
Other noncurrent assets	21,144			21,144			$ 22,418
Revenue from third party charters	17,407		66,557	102,569	208,921
Cargo Sales
Disaggregation of Revenue [Line Items]
Operating revenue	174,570		0	199,072	617,138
Cargo Sales, Cancellation Fees
Disaggregation of Revenue [Line Items]
Contract settlements	35,088		$ 0	35,088	$ 332,000
Natural Gas Liquids (NGL)
Disaggregation of Revenue [Line Items]
Contract with customer, liability, gross, current	150,000			150,000		$ 150,000
Deferred revenue at the time of termination	$ 42,273			$ 42,273

Revenue recognition - Other Rev

Revenue recognition - Other Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Total other revenue	$ 61,819	$ 26,307	$ 180,349	$ 28,112
Interest income and other revenue
Disaggregation of Revenue [Line Items]
Total other revenue	2,600	370	12,276	2,175
Operation and maintenance revenue
Disaggregation of Revenue [Line Items]
Total other revenue	$ 59,219	$ 25,937	$ 168,073	$ 25,937

Revenue recognition - Contract

Revenue recognition - Contract Liabilities and Contract Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Mar. 31, 2024
Revenue from Contract with Customer [Abstract]
Contract assets, net - current	$ 56,996	$ 8,714
Contract assets, net - non-current	17,745	19,901
Total contract assets, net	74,741	28,615
Contract liabilities, net - current	121,361	65,287
Contract liabilities, net - non-current	11,750	31,698
Total contract liabilities, net	133,111	96,985	$ 43,577
Revenue recognized in the year from:
Amounts included in contract liabilities at the beginning of the year	$ 82,062	$ 12,748

Revenue recognition - Performan

Revenue recognition - Performance Obligation (Details) $ in Thousands	Sep. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 12,424,022
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 76,690
Revenue, remaining performance obligation, expected timing of satisfaction, period	3 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 711,529
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 709,586
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 705,896
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 690,665
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 9,529,656
Revenue, remaining performance obligation, expected timing of satisfaction, period

Revenue recognition - Carrying

Revenue recognition - Carrying Amount of Leased Property Plant and Equipment (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Revenue from Contract with Customer [Abstract]
Property, plant and equipment	$ 686,683	$ 686,683
Accumulated depreciation	(89,751)	(69,977)
Property, plant and equipment, net	$ 596,932	$ 616,706

Revenue recognition - Component

Revenue recognition - Components of Lease Income from Vessel Operating Lease (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Operating lease income	$ 50,537	$ 66,557	$ 143,840	$ 208,921
Variable lease income	9,131	730	14,899	730
Total operating lease income	$ 59,668	$ 67,287	$ 158,739	$ 209,651

Leases, as lessee - Right-of-us

Leases, as lessee - Right-of-use assets, Current Lease Liabilities and Non-Current Lease Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Operating right-of-use-assets	$ 621,807	$ 538,055
Finance right-of-use-assets	19,171	50,330
Total right-of-use assets	640,978	588,385
Current lease liabilities:
Operating lease liabilities	116,898	135,867
Finance lease liabilities	4,051	28,681
Total current lease liabilities	120,949	164,548
Non-current lease liabilities:
Operating lease liabilities	490,010	390,519
Finance lease liabilities	4,212	15,975
Total non-current lease liabilities	494,222	406,494
Finance lease, right-of-use asset, accumulated amortization	$ 6,754	$ 21,470

Leases, as lessee - Narrative (

Leases, as lessee - Narrative (Details) $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($) turbine	Mar. 31, 2024 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023
Leases [Abstract]
Finance lease, impairment loss		$ 23,018	$ 24,339
Finance lease, lease liability, writeoff		$ 25,762	$ 29,443
Number of operating leases terminated | turbine		3
Loss on lease termination		$ 4,789
Lease, cost	$ 9,522			$ 8,111	$ 46,659	$ 26,816
Operating lease, weighted average remaining lease term	7 years				7 years
Finance lease, weighted average remaining lease term	3 years				3 years
Operating lease, weighted average discount rate, percent	10.30%				10.30%		10.10%
Finance lease, weighted average discount rate, percent	5.20%				5.20%		8.20%

Leases, as lessee - Components

Leases, as lessee - Components of Operating Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Fixed lease cost	$ 44,501	$ 33,840	$ 120,749	$ 73,066
Variable lease cost	0	1,435	2,709	3,036
Short-term lease cost	1,870	11,502	8,460	17,421
Lease cost - Cost of sales	43,790	28,409	109,798	59,300
Lease cost - Operations and maintenance	1,104	16,274	16,250	28,322
Lease cost - Selling, general and administrative	$ 1,477	$ 2,094	$ 5,870	$ 5,901

Leases, as lessee - Depreciatio

Leases, as lessee - Depreciation and Amortization (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Interest expense related to finance leases	$ 150	$ 1,080	$ 872	$ 2,766
Amortization of right-of-use asset related to finance leases	$ 471	$ 5,888	$ 5,795	$ 13,448

Leases, as lessee - Supplementa

Leases, as lessee - Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Operating cash outflows for operating lease liabilities	$ 141,021	$ 89,326
Financing cash outflows for finance lease liabilities	6,713	13,582
Right-of-use assets obtained in exchange for new operating lease liabilities	206,344	130,646
Right-of-use assets obtained in exchange for new finance lease liabilities	$ 0	$ 47,672

Leases, as lessee - Future Paym

Leases, as lessee - Future Payments Due under Operating and Finance Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Operating Leases
Due remainder of 2024	$ 49,537
2025	150,100
2026	111,200
2027	110,846
2028	109,230
Thereafter	327,747
Total lease payments	858,660
Less: effects of discounting	251,752
Present value of lease liabilities	606,908
Current lease liability	116,898	$ 135,867
Non-current lease liability	490,010	390,519
Financing Leases
Due remainder of 2024	1,585
2025	4,344
2026	2,592
2027	89
2028	89
Thereafter	852
Total lease payments	9,551
Less: effects of discounting	1,288
Present value of lease liabilities	8,263
Current lease liability	4,051	28,681
Non-current lease liability	$ 4,212	$ 15,975

Financial instruments - Narrati

Financial instruments - Narrative (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Unrealized gain (loss) on derivatives	$ (460,000)	$ 9,634,000
Energos
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Other long-term investments	1,000,000	1,000,000
Foreign exchange contracts
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Derivative, notional amount	299,124,000	$ 299,124,000
Foreign Exchange Forward With Realized Gain Loss
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Realized gain (loss) on derivative	$ (4,151,000)

Financial instruments - Financi

Financial instruments - Financial Assets and Financial Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Investment in equity securities	$ 8,678	$ 7,678
Foreign exchange contracts
Assets
Investment in equity securities	10,491
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	1,058
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	40,806	37,832
Level 1
Assets
Investment in equity securities	0	0
Level 1 | Foreign exchange contracts
Assets
Investment in equity securities	0
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	0
Level 1 | Contingent consideration derivative liabilities
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	0	0
Level 2
Assets
Investment in equity securities	0	0
Level 2 | Foreign exchange contracts
Assets
Investment in equity securities	10,491
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	1,058
Level 2 | Contingent consideration derivative liabilities
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	0	0
Level 3
Assets
Investment in equity securities	8,678	7,678
Level 3 | Foreign exchange contracts
Assets
Investment in equity securities	0
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	0
Level 3 | Contingent consideration derivative liabilities
Contingent consideration derivative liabilities
Contingent consideration derivative liabilities	$ 40,806	$ 37,832

Financial instruments - Schedul

Financial instruments - Schedule of Fair Value Adjustment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Contingent consideration derivative liabilities - Fair value adjustment - (gain)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value adjustment loss (gain)	$ (2,723)	$ (2,722)	$ (5,027)	$ (5,757)

Restricted cash (Details)

Restricted cash (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Restricted Cash [Abstract]
Cash restricted under the terms of loan agreements	$ 87,851	$ 102,079
Collateral for letters of credit and performance bonds	58,030	53,321
Total restricted cash	$ 145,881	$ 155,400

Inventory - Schedule of Invento

Inventory - Schedule of Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
LNG and natural gas inventory	$ 51,161	$ 75,417
Automotive diesel oil inventory	9,964	10,121
Bunker fuel, materials, supplies and other	26,970	28,146
Total inventory	$ 88,095	$ 113,684

Inventory - Narrative (Details)

Inventory - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventory write-down	$ 0	$ 6,232,000

Prepaid expenses and other cu_3

Prepaid expenses and other current assets - Schedule of Prepaid Expenses and Other Current Assets, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid expenses	$ 23,025	$ 31,490
Recoverable taxes	97,843	80,630
Due from affiliates	2,329	1,566
Assets held for sale	67,721	21,265
Other current assets	82,337	78,153
Total prepaid expenses and other current assets, net	$ 273,255	$ 213,104

Prepaid expenses and other cu_4

Prepaid expenses and other current assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023
Schedule of Equity Method Investments [Line Items]
Winter sub-charter liability	$ 0		$ 0			$ 49,400
Asset impairment loss	1,484	$ 0	5,756	$ 0
Miami
Schedule of Equity Method Investments [Line Items]
Asset, held-for-sale, not part of disposal group					$ 62,000
Mazo Vessel
Schedule of Equity Method Investments [Line Items]
Asset, held-for-sale, not part of disposal group						22,400
Miami Facility
Schedule of Equity Method Investments [Line Items]
Asset impairment loss	$ 1,007		$ 5,279
Energos
Schedule of Equity Method Investments [Line Items]
Lease termination asset, current						59,074
Winter sub-charter liability						$ 49,400

Equity method investments - Sch

Equity method investments - Schedule of Changes in Equity Method Investments (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Equity Method Investments [Roll Forward]
Equity method investments as of December 31, 2023	$ 137,793
Capital contribution	6,794
Sale of equity method investments	(144,587)
Equity method investments as of September 30, 2024	$ 0

Equity method investments - Nar

Equity method investments - Narrative (Details) $ in Thousands		1 Months Ended	9 Months Ended
	Feb. 14, 2024 USD ($)	Aug. 31, 2022 USD ($) Vessel	Sep. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Dec. 31, 2023 USD ($)
Schedule of Equity Method Investments [Line Items]
Number of vessels transferred | Vessel		11
Purchase agreement, consideration received		$ 1,850,000
Equity method investment, difference between carrying amount and underlying equity					$ 5,277
Sale of equity method investment			$ 136,365	$ 100,000
Loss on the disposal of equity method investment			7,222	$ 37,401
Energos
Schedule of Equity Method Investments [Line Items]
Ownership interest acquired		20%
Sale of equity method investment	$ 136,365
Loss on the disposal of equity method investment	$ 7,222
Other long-term investments			$ 1,000

Construction in progress - Sche

Construction in progress - Schedule of Construction in Progress Activity (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2024 USD ($)
Construction in Progress [Roll Forward]
Construction in progress as of December 31, 2023	$ 5,348,294
Additions	1,858,735
Impact of currency translation adjustment	(75,250)
Assets placed in service	(80,482)
Construction in progress as of September 30, 2024	$ 7,051,297

Construction in progress - Narr

Construction in progress - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Long-Lived Assets Held-for-sale [Line Items]
Interest expense	$ 71,107,000	$ 64,822,000	$ 228,850,000	$ 200,891,000
Additions			1,858,735,000
Recoverable taxes	97,843,000		97,843,000		$ 80,630,000
Construction in Progress
Long-Lived Assets Held-for-sale [Line Items]
Interest expense			346,856,000	$ 201,890,000
Recoverable taxes	$ 45,262,000		45,262,000
FAST LNG Projects
Long-Lived Assets Held-for-sale [Line Items]
Additions			$ 3,471,389,000

Property, plant and equipment_3

Property, plant and equipment, net - Schedule of Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Accumulated depreciation	$ (422,158)	$ (377,833)
Total property, plant and equipment, net	2,134,987	2,481,415
Vessels
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	1,576,346	1,494,433
Total property, plant and equipment, net	1,289,243	1,293,384
Terminal and power plant equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	470,690	668,927
Power facilities
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	269,939	273,978
ISO containers and other equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	70,087	97,984
LNG liquefaction facilities
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	0	63,316
Gas pipelines
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	66,320	66,319
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	54,518	54,324
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 49,245	$ 139,967

Property, plant and equipment_4

Property, plant and equipment, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net	$ 2,134,987		$ 2,134,987		$ 2,481,415
Depreciation	32,017	$ 36,705	110,167	$ 92,980
Cost of Sales
Property, Plant and Equipment [Line Items]
Depreciation	217	$ 230	712	$ 693
Vessels
Property, Plant and Equipment [Line Items]
Property, plant and equipment, net	$ 1,289,243		$ 1,289,243		$ 1,293,384

Goodwill and intangible asset_2

Goodwill and intangible assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 776,760		$ 776,760		$ 776,760
Amortization of intangible assets	$ 2,876	$ 6,290	$ 7,307	$ 19,371

Goodwill and intangible asset_3

Goodwill and intangible assets - Schedule of Intangible Assets (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Definite-lived intangible assets
Accumulated Amortization	$ (23,863)	$ (16,513)
Indefinite-lived intangible assets
Total intangible assets, Gross Carrying Amount	244,389	68,663
Total Intangible Assets, Currency Translation Adjustment	(14,260)	(335)
Total Intangible Assets, Net Carrying Amount	206,266	51,815
Easements
Indefinite-lived intangible assets
Gross Carrying Amount	1,191	1,191
Currency Translation Adjustment	(10)	(44)
Net Carrying Amount	1,181	1,147
Acquired capacity reserve contract
Definite-lived intangible assets
Gross Carrying Amount	162,045
Accumulated Amortization	(4,344)
Currency Translation Adjustment	(13,469)
Net Carrying Amount	$ 144,232
Weighted Average Life	17 years
Favorable vessel charter contracts
Definite-lived intangible assets
Gross Carrying Amount	$ 17,700	17,700
Accumulated Amortization	(12,797)	(10,615)
Currency Translation Adjustment	0	0
Net Carrying Amount	$ 4,903	$ 7,085
Weighted Average Life	4 years	4 years
Permits and development rights
Definite-lived intangible assets
Gross Carrying Amount	$ 61,894	$ 48,217
Accumulated Amortization	(6,342)	(5,557)
Currency Translation Adjustment	(781)	(291)
Net Carrying Amount	$ 54,771	$ 42,369
Weighted Average Life	33 years	38 years
Easements
Definite-lived intangible assets
Gross Carrying Amount	$ 1,559	$ 1,555
Accumulated Amortization	(380)	(341)
Currency Translation Adjustment	0	0
Net Carrying Amount	$ 1,179	$ 1,214
Weighted Average Life	30 years	30 years

Other non-current assets, net -

Other non-current assets, net - Schedule of Non-Current Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Other Assets, Noncurrent Disclosure [Abstract]
Cost to fulfill (Note 6)	$ 21,144	$ 22,418
Contract assets, net (Note 6)	17,745	19,901
Investments in equity securities	8,678	7,678
Other	64,705	76,906
Total other non-current assets, net	$ 112,272	$ 126,903

Other non-current assets, net_2

Other non-current assets, net - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023	Sep. 30, 2024	Dec. 31, 2023
Other Assets, Noncurrent Disclosure [Abstract]
Equity securities without readily determinable fair value, amount			$ 8,678	$ 7,678
Recognized unrealized gains (losses)	$ (672)	$ 539

Accrued liabilities (Details)

Accrued liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Accrued development costs	$ 234,384	$ 286,030
Accrued interest	56,028	82,507
Accrued bonuses	27,999	41,356
Other accrued expenses	55,471	61,782
Total accrued liabilities	$ 373,882	$ 471,675

Other current liabilities (Deta

Other current liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Other Liabilities Disclosure [Abstract]
Derivative liabilities	$ 16,927	$ 19,450
Contract liabilities (Note 6)	121,361	65,287
Income tax payable	72,764	54,040
Due to affiliates	6,691	9,579
Winter sub-charter liability	0	49,400
Liabilities held for sale (Note 11)	8,808	0
Other current liabilities	22,274	30,195
Total other current liabilities	$ 248,825	$ 227,951

Debt - Schedule of Long Term De

Debt - Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	$ 8,008,988	$ 6,803,148
Short-term Borrowings	195,333	182,270
Current portion of long-term debt	1,145,865	292,625
Long-term debt	6,863,123	6,510,523
Revolving Facility | Line of Credit
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	1,000,000	866,600
Senior Secured Notes, due September 2025
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	873,027	1,245,662
Senior Secured Notes, due September 2026
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	1,489,648	1,486,374
Senior Secured Notes, due March 2029
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	737,116	0
Vessel Financing Obligation, due August 2042
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	1,380,692	1,359,995
Term Loan B, due October 2028
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	774,959	771,420
BNDES Term Loan, due October 2045
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	343,485	0
PortoCem Bridge Loan, due October 2025
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	270,718	0
Term Loan A, due July 2027
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	249,260	0
South Power 2029 Bonds, due May 2029
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	217,644	216,993
Barcarena Debentures, due October 2028
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	187,627	175,025
Turbine Financing, due July 2027
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	144,546	0
EB-5 Loan, due July 2028
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	98,561	61,614
Tugboat Financing, due December 2038
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	46,372	46,728
Barcarena Term Loan, due February 2024
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	0	199,678
Equipment Notes, due July 2026
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)	$ 0	$ 190,789

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Nov. 06, 2024	Dec. 31, 2023
Level 2
Debt Instrument [Line Items]
Long-term debt	$ 7,621,138,000		$ 6,835,487,000
Senior Secured Notes, due September 2025
Debt Instrument [Line Items]
Debt instrument, springing maturity date, period prior to maturity date	60 days
Outstanding principal balance	$ 875,000,000
Senior Secured Notes Due 2029 | Subsequent Event
Debt Instrument [Line Items]
Outstanding principal balance		$ 1,200,000,000
Fixed interest rate		12%
Senior Senior Notes, Due 2026 and 2029 | Subsequent Event
Debt Instrument [Line Items]
Outstanding principal balance		$ 1,500,000,000

Debt - 2029 Notes (Details)

Debt - 2029 Notes (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024
Senior Secured Notes Due March 15, 2029
Debt Instrument [Line Items]
Outstanding principal balance		$ 750,000,000
Fixed interest rate		8.75%
Debt instrument, fee amount	$ 14,171,000
Deferred financing costs	12,884,000
Senior Secured Notes, due September 2025
Debt Instrument [Line Items]
Outstanding principal balance	875,000,000
Debt instrument, repurchased face amount	375,000,000
Debt instrument, repurchase amount	376,875,000
Loss on repurchase of debt instrument	$ 1,875,000

Debt - Revolving Facility (Deta

Debt - Revolving Facility (Details) - Revolving Credit Facility - USD ($)	Dec. 31, 2023	Sep. 30, 2024	May 31, 2024	Apr. 30, 2021
Line of Credit Facility [Abstract]
Outstanding principal balance				$ 200,000,000
Extended maturity period	1 year
Line of Credit
Line of Credit Facility [Abstract]
Line of credit facility, increase limit			$ 50,000,000	$ 950,000,000
Issuance of letter of credit			$ 1,000,000,000
Long-term debt, gross		$ 1,000,000

Debt - BNDES Term Loan (Details

Debt - BNDES Term Loan (Details) - Barcarena Debentures, due October 2028 $ in Thousands	3 Months Ended
	Sep. 30, 2024 USD ($)	Mar. 31, 2024 USD ($) tranch
Debt Instrument [Line Items]
Issuance of letter of credit		$ 355,556
Line of credit facility, number of tranches | tranch		3
Proceeds from long-term lines of credit	$ 60,290	$ 284,444
Minimum
Debt Instrument [Line Items]
Fixed interest rate		2.61%
Maximum
Debt Instrument [Line Items]
Fixed interest rate		4.41%

Debt - PortoCem Financings (Det

Debt - PortoCem Financings (Details) $ in Thousands		1 Months Ended	9 Months Ended
	Mar. 20, 2024 USD ($)	May 31, 2024 USD ($)	Sep. 30, 2024 USD ($)	May 31, 2024 BRL (R$)	Apr. 30, 2024 BRL (R$)	Mar. 20, 2024 BRL (R$)
Letter of Credit | Line of Credit
Debt Instrument [Line Items]
Issuance of letter of credit | R$					R$ 2900000000
PortoCem Bank Credit Note | Credit Note
Debt Instrument [Line Items]
Outstanding principal balance | R$					R$ 600000000
PortoCem Bridge Loan, due October 2025 | Line of Credit
Debt Instrument [Line Items]
Variable interest rate		4.25%
Issuance of letter of credit | R$				R$ 2900000000
PortoCem Credit Note
Debt Instrument [Line Items]
Outstanding principal balance		$ 275,340		R$ 1500000000
Debt instrument, fee amount | $			$ 11,663
PortoCem Bridge Loan
Debt Instrument [Line Items]
Third party fees | $			236
Deferred financing costs | $			$ 4,622
PortoCem Acquisition | PortoCem Bridge Loan, due October 2025
Debt Instrument [Line Items]
Long-term debt, gross	$ 28,093					R$ 141445000
Variable interest rate	5%

Debt - Term Loan A (Details)

Debt - Term Loan A (Details) - USD ($)	1 Months Ended
	Jul. 31, 2024	Sep. 30, 2024	May 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)		$ 8,008,988,000		$ 6,803,148,000
Secured Debt
Debt Instrument [Line Items]
Outstanding principal balance			$ 148,500,000
Line of Credit | Term Loan A, due July 2027
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)		285,829,000
Term Loan A, due July 2027
Debt Instrument [Line Items]
Debt (excluding lessor VIE loans)		249,260,000		$ 0
Debt instrument, fee amount		38,334,000
Deferred financing costs		$ 36,569,000
Term Loan A, due July 2027 | Secured Debt
Debt Instrument [Line Items]
Outstanding principal balance	$ 700,000,000
Debt instrument, springing maturity date, period prior to maturity date	60 days
Increase percentage of interest rate	0.25%
Period taken for increase in interest rate	180 days
Term Loan A, due July 2027 | Secured Debt | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Variable interest rate	3.75%
Term Loan A, due July 2027 | Secured Debt | Base Rate
Debt Instrument [Line Items]
Variable interest rate	2.75%

Debt - Turbine Financing (Detai

Debt - Turbine Financing (Details) - USD ($) $ in Thousands	Sep. 30, 2024	May 31, 2024
Turbine Financing
Debt Instrument [Line Items]
Fixed interest rate		10.30%
Deposit amount		$ 5,963
Debt instrument, fee amount	$ 2,136
Deferred financing costs	$ 1,925
Secured Debt
Debt Instrument [Line Items]
Outstanding principal balance		$ 148,500

Debt - EB-5 Loan Agreement (Det

Debt - EB-5 Loan Agreement (Details) - EB-5 Loan, due July 2028 - Construction Loans	9 Months Ended
	Sep. 30, 2024 USD ($)	Jul. 21, 2023 USD ($) numberOfDebtExtension
Debt Instrument [Line Items]
Outstanding principal balance		$ 100,000,000
Fixed interest rate		4.75%
Debt, term		5 years
Number of debt term extensions | numberOfDebtExtension		2
Debt term, extended maturity		1 year
Proceeds from issuance of long-term debt	$ 37,072,000

Debt - Equipment Notes (Details

Debt - Equipment Notes (Details) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 31, 2024	Mar. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Repayments of debt					$ 2,342,847	$ 104,530
Loss on extinguishment of debt, net			$ 0	$ 0	$ (9,754)	$ 0
Equipment Notes, due July 2026
Debt Instrument [Line Items]
Repayments of debt		$ 188,431
Prepayment of debt premium percentage		3%
Loss on extinguishment of debt, net		$ (7,879)
Consolidated liquidity	$ 100,000
Equipment Notes, due July 2026 | Minimum
Debt Instrument [Line Items]
Consolidated liquidity	$ 50,000

Debt - Schedule of Interest Exp

Debt - Schedule of Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Debt Instrument [Line Items]
Total interest expense	$ 71,107	$ 64,822	$ 228,850	$ 200,891
Financing interest expense, non-cash	34,619	37,285	98,506	119,648
Debt
Debt Instrument [Line Items]
Interest per contractual rates	144,609	89,908	397,025	229,327
Interest expense on Vessel Financing Obligation	46,646	52,373	145,161	159,168
Amortization of debt issuance costs, premiums and discounts	11,519	4,777	32,648	11,520
Interest expense incurred on finance lease obligations	150	1,080	872	2,766
Total interest costs	202,924	148,138	575,706	402,781
Capitalized interest	131,817	83,316	346,856	201,890
Total interest expense	$ 71,107	$ 64,822	$ 228,850	$ 200,891

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Effective tax rate	20.70%	28.80%	306.60%	17.20%
Tax provision (benefit)	$ 2,953	$ 25,194	$ 28,012	$ 69,476

Earnings per share - Schedule o

Earnings per share - Schedule of Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Numerator:
Net income (loss)	$ 11,313	$ (86,860)	$ 56,670	$ 62,338	$ 120,100	$ 151,566	$ (18,877)	$ 334,004
Net (income) loss attributable to non-controlling interests	(2,014)			(1,117)			(6,597)	(3,329)
Series A convertible preferred stock cumulative dividend	(1,161)			0			(2,493)	0
Net Income (Loss) Available to Common Stockholders, Basic	$ 8,138			$ 61,221			$ (27,967)	$ 330,675
Denominator:
Weighted-average shares - basic (in shares)	205,071,771			205,032,928			205,068,178	206,249,474
Net income per share - basic (in dollars per share)	$ 0.04			$ 0.30			$ (0.14)	$ 1.60
Numerator:
Net income (loss)	$ 11,313	$ (86,860)	$ 56,670	$ 62,338	$ 120,100	$ 151,566	$ (18,877)	$ 334,004
Net (income) loss attributable to non-controlling interests	(2,014)			(1,117)			(6,597)	(3,329)
Series A convertible preferred stock cumulative dividend	(1,161)			0			(2,493)	0
Adjustments attributable to dilutive securities	(1,675)			0			(3,443)	(1,113)
Net income (loss) attributable to Class A common stock	$ 6,463			$ 61,221			$ (31,410)	$ 329,562
Denominator:
Weighted-average shares - diluted (in shares)	208,880,044			205,032,928			206,836,683	206,804,833
Net income (loss) per share – diluted (in dollars per share)	$ 0.03			$ 0.30			$ (0.15)	$ 1.59

Earnings per share - Potentiall

Earnings per share - Potentially Dilutive (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in dollars per share)	0	555,359	3,730,688	0
Unvested RSUs
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in dollars per share)	0	0	1,690,920	0
Series A convertible preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in dollars per share)	0	0	2,039,768	0
Equity Agreement shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount (in dollars per share)	0	555,359	0	0

Earnings per share - Narrative

Earnings per share - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				9 Months Ended
	Sep. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Payments of dividends					$ 61,322	$ 700,440
Issuance of shares for vested share-based compensation awards		$ 8,662		$ 3,600
Class A Shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Dividends, common stock	$ 20,507		$ 20,503		$ 41,010	$ 61,473
Dividends payable, amount per share (in dollars per share)			$ 0.10			$ 0.10
Common stock, dividends, per share, declared (in dollars per share)			$ 0.10
Common stock, dividends, per share, cash paid (in dollars per share)					$ 0.10	$ 0.10
Series A Preferred Units | GMLP Merger Agreement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Payments of dividends	$ 3,019		$ 3,019		$ 9,057	$ 9,057
Noncontrolling interest, ownership percentage by noncontrolling owners	8.75%		8.75%		8.75%	8.75%
Series A Convertible Preferred Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Payments of dividends					$ 2,493

Share-based compensation - Sche

Share-based compensation - Schedule of Nonvested Performance-based Units Activity (Details) - Unvested RSUs	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Restricted Stock Units
Non-vested RSUs, beginning balance (in shares) | shares	32,327
Granted (in shares) | shares	2,786,112
Vested (in shares) | shares	(41,967)
Forfeited (in shares) | shares	(121,315)
Non-vested RSUs, ending balance (in shares) | shares	2,655,157
Weighted-average grant date fair value per share
Non-vested RSUs, beginning balance (in dollars per share) | $ / shares	$ 27.12
Granted (in dollars per share) | $ / shares	32.66
Vested (in dollars per share) | $ / shares	29.75
Forfeited (in dollars per share) | $ / shares	32.48
Non-vested RSUs, ending balance (in dollars per share) | $ / shares	$ 32.68

Share-based compensation - Narr

Share-based compensation - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value		$ 53,958,000
Share-based payment arrangement, expense	$ 22,543,000		$ 47,855,000
Unvested RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining vesting period			10 months 6 days
Share-based payment arrangement, expense	320,000		$ 481,000
Unrecognized compensation cost	46,903,000		46,903,000
Other Equity Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, expense		$ 4,759,000	6,777,000
Unrecognized compensation cost	$ 47,181,000		$ 47,181,000
Minimum | Unvested RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition			10 months
Maximum | Unvested RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based payment arrangement, nonvested award, cost not yet recognized, period for recognition			2 years

Share-based compensation - Sc_2

Share-based compensation - Schedule of Share Based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 22,543	$ 47,855
Operations and maintenance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	80	179
Selling, general and administrative
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total share-based compensation expense	$ 22,463	$ 47,676

Related party transactions (Det

Related party transactions (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Due to affiliates	$ 6,691		$ 6,691		$ 9,579
Operations and maintenance	32,062	$ 60,819	139,902	$ 121,187
Non-current lease liabilities	494,222		494,222		406,494
Operating right-of-use-assets	621,807		621,807		538,055
Selling, general and administrative	$ 82,388	49,107	$ 223,720	157,048
DevTech Investment
Related Party Transaction [Line Items]
Percentage of shares issued capital	10%		10%
Related Party | DevTech Environment Limited
Related Party Transaction [Line Items]
Due to affiliates	$ 123		$ 123		106
Selling, general and administrative	123	117	387	318
Affiliated Entity | Fortress
Related Party Transaction [Line Items]
Due from affiliates	2,338		2,338		1,547
Affiliated Entity | Fortress, Formerly Owned Entity
Related Party Transaction [Line Items]
Due to affiliates	3,602		3,602		2,702
Affiliated Entity | Florida East Coast Industries, LLC
Related Party Transaction [Line Items]
Due to affiliates	0		0		92
Affiliated Entity | Florida East Coast Industries, LLC | Land
Related Party Transaction [Line Items]
Operations and maintenance	73	126
Operating lease, expense			310	378
Non-current lease liabilities	3,377		3,377		3,368
Affiliated Entity | Jefferson Terminal South LLC
Related Party Transaction [Line Items]
Due to affiliates	390		390		0
Affiliated Entity | Jefferson Terminal South LLC | Land
Related Party Transaction [Line Items]
Operations and maintenance			548	30
Non-current lease liabilities	4,383		4,383		4,098
Operating right-of-use-assets	3,622		3,622		3,885
Service Agreements | Related Party
Related Party Transaction [Line Items]
General and administrative expense	1,363	1,643	3,171	4,284
Due to affiliates	3,104		3,104		5,691
Chartered Aircraft
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction	134	523	1,218	1,934
Chartered Aircraft | Affiliated Entity
Related Party Transaction [Line Items]
Due to affiliates	251		251		$ 1,095
Rent and Related Office Expenses | Affiliated Entity | Fortress
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction	319	280	781	821
Rent and Administrative Expenses | Affiliated Entity | Fortress, Formerly Owned Entity
Related Party Transaction [Line Items]
Related party transaction, amounts of transaction	$ 0	$ 767	$ 900	$ 2,016

Segments - Narrative (Details)

Segments - Narrative (Details)	9 Months Ended
	Sep. 30, 2024 Segment Carrier
Segment Reporting Information [Line Items]
Number of reportable segments | Segment	2
Ships
Segment Reporting Information [Line Items]
Number of vessels | Carrier	4

Segments - Schedule of Segment

Segments - Schedule of Segment Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Jun. 30, 2024	Dec. 31, 2023
Statement of operations:
Total revenues	$ 567,535,000	$ 514,462,000	$ 1,685,862,000	$ 1,654,938,000
Cost of sales	325,292,000	191,920,000	776,269,000	602,626,000
Vessel operating expenses	8,254,000	11,613,000	25,153,000	36,347,000
Operations and maintenance	32,062,000	60,819,000	139,902,000	121,187,000
Deferred earnings from contracted sales	0		0
Consolidated Segment Operating Margin	201,927,000	250,110,000	744,538,000	894,778,000
Balance sheet:
Total assets	11,969,896,000	9,796,370,000	11,969,896,000	9,796,370,000		$ 10,501,245,000
Other segmental financial information:
Capital expenditures	753,011,000	662,717,000	1,883,824,000	2,911,345,000
Gain (loss) on derivative instruments, net, pretax			0
Unrealized gain (loss) on derivatives	(460,000)		9,634,000
Inventory write-down			0	6,232,000
Deferred earnings recognized upon delivery	42,273,000
Natural Gas Liquids (NGL)
Other segmental financial information:
Contract with customer, liability, gross, current	150,000,000		150,000,000		$ 150,000,000
Not Designated as Hedging Instrument, Economic Hedge
Other segmental financial information:
Realized gain (loss) on derivative		(293,000)		141,560,000
Terminals and Infrastructure | Cost of Sales
Other segmental financial information:
Unrealized gain (loss) on derivatives		423,000		(107,882,000)
Inventory write-down		0
Operating Segments
Statement of operations:
Total revenues	525,262,000	514,462,000	1,643,589,000	1,676,332,000
Cost of sales	325,292,000	192,343,000	776,269,000	488,512,000
Vessel operating expenses	8,254,000	11,613,000	25,153,000	42,295,000
Operations and maintenance	32,062,000	60,819,000	139,902,000	121,187,000
Deferred earnings from contracted sales	60,000,000		150,000,000
Consolidated Segment Operating Margin	219,654,000	249,687,000	852,265,000	1,024,338,000
Balance sheet:
Total assets	11,969,896,000	9,796,370,000	11,969,896,000	9,796,370,000
Other segmental financial information:
Capital expenditures	753,011,000	662,717,000	1,883,824,000	2,911,345,000
Operating Segments | Terminals and Infrastructure
Statement of operations:
Total revenues	482,200,000	447,905,000	1,515,365,000	1,446,017,000
Cost of sales	325,292,000	192,343,000	776,269,000	488,512,000
Vessel operating expenses	0	0	0	0
Operations and maintenance	32,062,000	60,819,000	139,902,000	121,187,000
Deferred earnings from contracted sales	60,000,000		150,000,000
Consolidated Segment Operating Margin	184,846,000	194,743,000	749,194,000	836,318,000
Balance sheet:
Total assets	11,306,440,000	8,738,875,000	11,306,440,000	8,738,875,000
Other segmental financial information:
Capital expenditures	753,011,000	662,717,000	1,883,824,000	2,911,345,000
Operating Segments | Ships
Statement of operations:
Total revenues	43,062,000	66,557,000	128,224,000	230,315,000
Cost of sales	0	0	0	0
Vessel operating expenses	8,254,000	11,613,000	25,153,000	42,295,000
Operations and maintenance	0	0	0	0
Deferred earnings from contracted sales	0		0
Consolidated Segment Operating Margin	34,808,000	54,944,000	103,071,000	188,020,000
Balance sheet:
Total assets	663,456,000	1,057,495,000	663,456,000	1,057,495,000
Other segmental financial information:
Capital expenditures	0	0	0	0
Consolidation and Other
Statement of operations:
Total revenues	42,273,000	0	42,273,000	(21,394,000)
Cost of sales	0	(423,000)	0	114,114,000
Vessel operating expenses	0	0	0	(5,948,000)
Operations and maintenance	0	0	0	0
Deferred earnings from contracted sales	(60,000,000)		(150,000,000)
Consolidated Segment Operating Margin	(17,727,000)	423,000	(107,727,000)	(129,560,000)
Balance sheet:
Total assets	0	0	0	0
Other segmental financial information:
Capital expenditures	$ 0	$ 0	$ 0	$ 0

Segments - Reconciliation of Ne

Segments - Reconciliation of Net loss to Operating Margin (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Segment Reporting [Abstract]
Net income (loss)	$ 11,313	$ (86,860)	$ 56,670	$ 62,338	$ 120,100	$ 151,566	$ (18,877)	$ 334,004
Add:
Selling, general and administrative	82,388			49,107			223,720	157,048
Transaction and integration costs	3,154			2,739			6,285	4,787
Depreciation and amortization	35,364			48,670			123,268	125,160
Interest expense	71,107			64,822			228,850	200,891
Other (income) expense, net	(5,836)			(2,271)			60,630	16,150
Asset impairment expense	1,484			0			5,756	0
Loss on sale of assets, net	0			0			77,140	0
Loss on extinguishment of debt, net	0			0			9,754	0
Tax provision	2,953			25,194			28,012	69,476
(Income) from equity method investments	0			(489)			0	(12,738)
Consolidated Segment Operating Margin	$ 201,927			$ 250,110			$ 744,538	$ 894,778

Subsequent events (Details)

Subsequent events (Details) - USD ($)	Nov. 06, 2024	Oct. 02, 2024	Sep. 30, 2024	Dec. 31, 2023
Subsequent Event [Line Items]
Common stock, par value (in dollars per share)			$ 0.01	$ 0.01
Subsequent Event
Subsequent Event [Line Items]
Net proceeds on issuance of common stock		$ 387,300,000
Subsequent Event | Class A Shares
Subsequent Event [Line Items]
Shares issued		46,349,942
Common stock, par value (in dollars per share)		$ 0.01
Common stock average price per share (in dollars per share)		$ 8.63
Subsequent Event | Class A Shares | CEO Member
Subsequent Event [Line Items]
Shares issued		5,793,742
New Notes | Forecast
Subsequent Event [Line Items]
Outstanding principal balance	$ 2,700,000,000
New Notes | Forecast | Commitment Fee, Election Option One
Subsequent Event [Line Items]
Line of credit facility, commitment fee percentage	5%
Line of credit facility, commitment fee, payable in shares, share price (in dollars per share)	$ 8.63
New Notes | Forecast | Commitment Fee, Election Option Two
Subsequent Event [Line Items]
Line of credit facility, commitment fee percentage	2%
New Notes | Forecast | NFE Financing
Subsequent Event [Line Items]
Fixed interest rate	12%
New Notes | NFE Brazil Holdings Limited | Forecast
Subsequent Event [Line Items]
Debt instrument, guaranteed, secured by first-priority liens, percentage of equity	45%
New Notes | New Notes Guarantor | Forecast
Subsequent Event [Line Items]
Debt instrument, guaranteed, secured by first-priority liens, percentage of equity	100%
Brazil Parent Term Loan | Forecast | NFE Financing
Subsequent Event [Line Items]
Outstanding principal balance	$ 970,000,000
Brazil Parent Term Loan | Forecast | Brazil Parent | NFE Financing
Subsequent Event [Line Items]
Outstanding principal balance	970,000,000
Series II Credit Agreement | Forecast | NFE Financing
Subsequent Event [Line Items]
Outstanding principal balance	1,400,000,000
Series I Credit Agreement | Forecast | Brazil Parent
Subsequent Event [Line Items]
Outstanding principal balance	$ 970,000,000
Uncommitted Letter Of Credit And Reimbursement Agreement | Subsequent Event | Line of Credit | March 31, 2025 - June 30, 2025
Subsequent Event [Line Items]
Maximum debt to capitalization ratio	9.50
Debt instrument, covenant, fixed charge coverage ratio, maximum	80%
Uncommitted Letter Of Credit And Reimbursement Agreement | Subsequent Event | Line of Credit | September 30, 2025 - December 31, 2025
Subsequent Event [Line Items]
Maximum debt to capitalization ratio	8.5
Uncommitted Letter Of Credit And Reimbursement Agreement | Subsequent Event | Line of Credit | March 31, 2026 - June 30, 2026
Subsequent Event [Line Items]
Maximum debt to capitalization ratio	8
Uncommitted Letter Of Credit And Reimbursement Agreement | Subsequent Event | Line of Credit | September 30, 2026 - Thereafter
Subsequent Event [Line Items]
Maximum debt to capitalization ratio	7.50
Uncommitted Letter Of Credit And Reimbursement Agreement | Subsequent Event | Line of Credit | June 30, 2025 - Thereafter
Subsequent Event [Line Items]
Debt instrument, covenant, fixed charge coverage ratio, maximum	100%
Senior Secured Notes Due 2029 | Subsequent Event
Subsequent Event [Line Items]
Outstanding principal balance	$ 1,200,000,000
Fixed interest rate	12%
Senior Secured Notes Due 2029 | Subsequent Event | Senior Notes | Brazil Parent
Subsequent Event [Line Items]
Fixed interest rate	15%
Issuance of letter of credit	$ 350,000,000
Debt instrument, redemption price, percentage	97.75%