New Fortress Energy Creditors Tap Evercore as Debt Tumbles

A group of New Fortress Energy creditors have engaged Evercore Inc. for advice amid a slump in the company’s debt to deeply distressed levels, according to people with knowledge of the situation.

• Evercore’s selection follows the earlier retention of Akin Gump Strauss Hauer & Feld, said the people, who asked not to be identified discussing confidential information
• Representatives for New Fortress Energy and Evercore didn’t respond to requests seeking comment
• Billionaire Wes Edens’ liquefied natural gas company has been struggling with delayed projects that have hamstrung its cash flow
  • The company is currently in a dispute with Puerto ...