Excelerate Energy raises FY24 adjusted EBITDA view to $320M-$340M

Excelerate is raising its full year guidance for Adjusted EBITDA. The Company now expects Adjusted EBITDA to range between $320 million and $340 million for the full year 2024. Committed growth capital, which is defined as capital allocated and committed to specific investments for previously approved capital projects, is still expected to range between $70 million and $80 million. Maintenance capex for 2024 is still expected to range between $50 million and $60 million.