FIP
FTAI Infrastructure Inc.·Industrials
4.64
2.882%(+0.13)
Close PriceLast Updated: — ET
52W L: $3.9052W H: $7.93
FIP NEWS
seekingalpha.com
May 9
FTAI Infrastructure: Lot Of Noise But Steps To Monetization
FTAI Infrastructure is progressing toward asset monetization, highlighted by the announced $1.52 billion Long Ridge sale and ongoing debt reduction. Segment updates show Transtar realizing $10 million annualized cost synergies and targeting $23 million, with revenue synergies expected from propane loadings via Repauno. Jefferson is negotiating contracts to increase throughput to 500,000 barrels/day, potentially raising EBITDA from $60 million to $100–110 million.
marketbeat.com
May 8
FTAI Infrastructure Q1 Earnings Call Highlights
FTAI Infrastructure NASDAQ: FIP used its first-quarter 2026 earnings call to focus heavily on the pending sale of its Long Ridge power and gas asset, a transaction CEO Ken Nicholson said is expected to materially improve the company's leverage profile and sharpen its strategic emphasis on freight rail growth. Get FTAI Infrastructure alerts:Sign UpLong Ridge sale: $1.52 billion transaction value, expected Q3 close Nicholson said the company signed an agreement “just over a week ago” to sell Long Ridge to MARA Holdings for an aggregate transaction value of $1.52 billion.
seekingalpha.com
May 8
FTAI Infrastructure Inc. (FIP) Q1 2026 Earnings Call Transcript
FTAI Infrastructure Inc. (FIP) Q1 2026 Earnings Call Transcript
globenewswire.com
May 7
FTAI Infrastructure Inc. Reports First Quarter 2026 Results, Declares Dividend of $0.03 per Share of Common Stock
NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2026. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.
globenewswire.com
May 4
Long Ridge Energy LLC Announces Timing of Fourth Quarter 2025 Earnings Conference Call
HANNIBAL, Ohio, May 04, 2026 (GLOBE NEWSWIRE) -- Long Ridge Energy LLC (“LRE”) is announcing its fourth quarter 2025 investor call for Friday, May 8, 2026 at 3:30 PM ET. LRE comprises the electric power and natural gas business of Long Ridge Energy & Power LLC (“LREP”).
globenewswire.com
Apr 30
FTAI Infrastructure Inc. Announces Agreement to Sell Long Ridge Energy and Power to MARA Holdings, Inc.
MARA to purchase Long Ridge for total transaction value of approximately $1.52 billion FIP plans to use net proceeds to repay corporate debt and reinvest in growth opportunities Transaction expected to close in the third quarter of 2026 following receipt of necessary regulatory approvals NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FIP”) announced today that it has entered into a definitive agreement to sell Long Ridge Energy & Power LLC (“Long Ridge”) and certain related assets to a subsidiary of MARA Holdings, Inc. (NASDAQ: MARA). The transaction is valued at approximately $1.52 billion before closing adjustments.
