Excelerate Energy (EE) Jefferies Power, Utilities, & Clean Energy Conference 2026 summary

Business model and market positioning

• Operates as the last mile in the LNG value chain, focusing on energy security and regasification for new and existing markets globally.

• Evolved from floating regasification assets to integrated LNG-to-power platforms, enabling downstream demand creation.

• Maintains a strong operational track record with 99.9% reliability, which is critical for sovereign clients.

• Anticipates industry shift toward integrated deals, requiring robust balance sheets and operational expertise.

Impact of geopolitical events and regional growth

• Middle East conflict has not materially impacted operations or contract fulfillment in the region.

• Long-term supply contracts with QatarEnergy and Petrobangla remain stable, with no force majeure notices received.

• Iraq project is expected to deliver $104–$110 million in annual EBITDA by 2027, addressing severe local gas deficits.

• No significant cost or schedule impacts anticipated for Iraq despite regional instability.

Growth strategy and future opportunities

• Building blocks for 2027–2028 include Iraq, Petrobangla, vessel recontracting, and new asset conversions.

• Expects significant EBITDA uplift from recontracting vessels at higher rates and integrating supply deals.

• Pursuing opportunities in South Asia, Southeast Asia, LATAM, and the Caribbean, with a focus on smaller-scale and joint venture projects.

• Indian and Vietnamese markets are key targets, with tailored approaches for each region.