US-listed New Fortress Energy will use a floating storage and regasification unit to supply gas to a new power plant it plans to build in Nicaragua.

The outfit — which is focused on small and midsize LNG schemes and headed up by co-founder and chief executive Wes Edens — will build a 300 MW natural gas-fired power plant near Puerto Sandino on the country’s Pacific coast, about 70 km from Nicaragua's capital and largest city, Managua.