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Hygo Energy Transition Ltd. provides integrated downstream LNG solutions. It operates through four segments: LNG Carriers, FSRU and Terminals, Power, and Downstream Distribution segments. The company operates two liquified natural gas (LNG) carrier vessels; and floating storage and regasification units (FSRUs) that are permanently moored offshore and used to store and regasify LNG. It also engages in the generation of power through its natural gas-fired plants and thermal power stations; and procurement of LNG or natural gas from its terminals and other sources to be to deliver to its downstream customers under medium to long-term contracts. The company was formerly known as Golar Power Limited and changed its name to Hygo Energy Transition Ltd. in August 2020. Hygo Energy Transition Ltd. was founded in 2016 and is based in Hamilton, Bermuda. As of April 15, 2021, Hygo Energy Transition Ltd. operates as a subsidiary of New Fortress Energy Inc.
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