Pennybacker Closes Acquisition of Miami LNG Business, Appoints Daniel McLaughlin President and Chief Commercial Officer to Lead Miami LNG

AUSTIN, Texas, Nov. 21, 2024 /PRNewswire/ -- Pennybacker Capital Management, LLC (Pennybacker), a leading real assets investment manager, today announced it has completed the acquisition of the small-scale Florida-based liquefied natural gas production and distribution business (Miami LNG business) from New Fortress Energy Inc. (Nasdaq: NFE).