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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
New Fortress Energy faces default risk amid a $9 billion debt crisis. The company has nearly $9 billion in total debt, with $6.5 billion due within one year. Additionally, it is already behind on $500 million in payments and has burned through $1.73 billion in free cash flow over the trailing 12 months.