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New Fortress Energy Inc.

Complete permitting, EPC contract, and financing for the blue ammonia facility

Not delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
3 Nov 2021
Due
31 Mar 2022
Checked
2 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“with permitting, EPC contract and financing completed in Q1 2022”

What we found

Evidence strength A What the grades mean

The company did not complete the permitting, EPC contract, and financing for the facility by the Q1 2022 deadline, as evidenced by filings stating they had not issued a final notice to proceed.

  • A
    New Fortress Energy Inc. 10-Q filed 2022-05-06 Regulatory filing · published 6 May 2022 · retrieved 2 Oct 2026 · kept permanently by the SEC · fingerprint 0de7d56082c1
    “Approximately $22 million of construction and development costs have been expensed as we have not issued a final notice to proceed to our engineering, procurement and construction contractors.” ✓ confirmed on the page
  • A
    New Fortress Energy Inc. 10-Q filed 2022-11-08 Regulatory filing · published 8 Nov 2022 · retrieved 2 Oct 2026 · kept permanently by the SEC · fingerprint 20e2be833517
    “Approximately $22 million of construction and development costs have been expensed as we have not issued a final notice to proceed to our engineering, procurement and construction contractors.” ✓ confirmed on the page

Market reaction: the shares moved -5.7% against the S&P 500 over the three sessions around the disclosure (5 May 2022 to 10 May 2022). What this measures

Checked 2 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Complete
Deliverable
Blue ammonia facility
In the company’s control
Medium
Specificity
Medium
Depends on
Regulatory, Financing

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
  4. Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2021-NFE-003845 · Corrections policy

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