Pennybacker Acquires Miami LNG, Appoints New Leader for Growth Push
(P&GJ) — Pennybacker Capital Management has completed its acquisition of a small-scale liquefied natural gas (LNG) business in Miami from New Fortress Energy.
The facility, which produces up to 8,300 MMBtu of LNG daily, serves sectors such as hospitality, transportation, aerospace, and marine bunkering across Florida and the Caribbean.
The acquisition aims to boost LNG distribution efficiency through truck and rail logistics, offering cost advantages over diesel fuel.
Daniel McLaughlin, with over a decade of energy sector experience, has been appointed President and Chief Commercial Officer. "The Miami LNG business is critical for supporting the energy transition in underserved markets," McLaughlin said, expressing confidence in the operation's growth potential under Pennybacker’s leadership.
Sam Warfield, Managing Director at Pennybacker, emphasized their commitment to expanding sustainable LNG solutions for both current and future customers in the U.S. and Caribbean markets.
Related News
Related News

- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Moves to Block Enterprise Products’ Exports to China Over Security Risk
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
Comments