Excelerate Energy, German Government sign FSRU charter agreement 10:26 EE Excelerate Energy and the Government of the Federal Republic of Germany signed a five-year contract today in Berlin to charter the floating storage and regasification unit Excelsior to help provide energy security and supply diversification to Germany while supporting the country's transition to renewable energy. Under the terms of the agreement, the FSRU Excelsior will go on charter in the first quarter of 2023. The Federal Republic of Germany intends to deploy the vessel in the Port of Wilhelmshaven. The Excelsior, which has an LNG storage capacity of 138,000 m3 and send-out capacity of 5 bcm/y, will go to drydock at the end of 2022 for scheduled maintenance prior to its deployment to Germany.
Ok stoned investors will remember this name it IPO'd when we were trading these oil & gas stocks crazy. EE Missed the move/fad.
