ADDED
At March 31, 2026, the registrant had 285,634,650 shares of Class A common stock outstanding.
Additionally, the Company did not make interest and principal payments that were due on March 15 and March 31, 2026, respectively, on (a) the 6.500% Senior Secured Notes due 2026 issued by the Company (the 2026 Notes ) and (b) the 8.750% Senior Secured Notes due 2029 issued by the Company (the 2029 Notes ), which will result in events of default under each series of notes on April 15 and April 30, 2026, respectively.
The indentures and credit agreements underlying substantially all of our outstanding debt includes cross-acceleration and/or cross-default provisions that upon such acceleration of the outstanding principal of any of the debt in default, all of the Company s other outstanding debt would be payable on demand.
Holders of or lenders under the debt instruments described above that are not already party to the RSA may become Additional Supporting Creditors (as defined in the RSA) by executing and delivering a joinder in accordance with the terms of the RSA.
The RSA sets forth principal terms for a comprehensive restructuring of the Company s principal funded debt obligations (the Restructuring Transaction ).
Provided certain conditions are met (as set out in the RSA), the Company will pay to holders of or lenders under the debt instruments described above that become Supporting Creditors on or before 5:00 p.m.
New York City time on April 8, 2026, an early consent fee (the Early Consent Fee ) in an amount equal to 0.75% of the principal amount of such Supporting Creditors pro rata claim in: a.
the principal outstanding under the 2026 Notes for each supporting holder of 2026 Notes; b.
the principal outstanding under the Term Loan B Credit Agreement for each supporting lender under the Term Loan B Credit Agreement; d.
the principal outstanding under the R-1 Revolving Credit Facility for each supporting lender under the R-1 Revolving Credit Facility; e.
REMOVED
At February 28, 2025, the registrant had 273,771,811 shares of Class A common stock outstanding.
Overview We are a global energy infrastructure company founded to help address energy poverty and accelerate the world's transition to reliable, affordable and clean energy.
We own and operate natural gas and liquefied natural gas ("LNG") infrastructure, and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets; additionally, we have expanded our focus to building our modular LNG manufacturing business.
Our near-term mission is to provide modern infrastructure solutions to create cleaner, reliable energy while generating a positive economic impact worldwide.
Our long-term mission is to become one of the world s leading companies providing power free from carbon emissions by leveraging our global portfolio of integrated energy infrastructure.
We discuss this important goal in more detail below under Sustainability Toward a Very-Low Carbon Future.
We deliver targeted energy solutions by employing an integrated LNG supply and delivery model: LNG and Natural Gas Supply and Liquefaction We supply LNG and natural gas to our own power plants and to our customers.
We typically supply LNG and natural gas regasified from LNG to our customers by entering into long-term supply contracts, which are generally based on an index such as Henry Hub plus a fixed fee component.
We acquire our LNG from third party suppliers in open market purchases and long-term supply agreements.
Our first floating liquefaction unit, which we refer to as "Fast LNG" or "FLNG", began producing LNG in July 2024, and we plan to source a portion of our LNG needs from this facility.