Wes Edens needed a win.
The billionaire’s jointly owned Milwaukee Bucks fizzled in the NBA playoffs. The Premier League’s Aston Villa FC, in which he also holds a stake, fell short in the race for the Champions League.
More critically, Edens’ New Fortress Energy Inc.is in dire straits. Strained by debt, the company’s pressing issues include a battle with Puerto Rico’s oversight board over a deal worth an estimated $20 billion to supply the US territory with liquefied natural gas.
But recent days have brought an unexpected twist: The White Housefiredall but two members of the federally-appointed ...