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FTAI Infrastructure Inc.
FTAI Infrastructure's subsidiary, Jefferson, intends to launch a private offering of up to $270 million in notes to fund the acquisition of DRUbit LLC. The proceeds will be used to finance the acquisition and repay approximately $255 million of existing debt, with the company projecting that the acquisition will more than double its annual Adjusted EBITDA to approximately $100 million.…more
FTAI Infrastructure Inc.
FTAI Infrastructure Inc. has filed a Form 4 statement regarding changes in beneficial ownership of securities by its insiders and major shareholders. The filing details the adjustments in shareholdings by reporting entities, including Michael Jay Sacks and associated investment groups.…more
FTAI Infrastructure Inc.
FTAI Infrastructure has entered into a definitive agreement to acquire crude oil logistics assets, including the Port Arthur Terminal and a 50% interest in the Hardisty DRU, from USD Group for $255 million. The acquisition is expected to more than double the EBITDA of its Jefferson segment and is slated to close in the fourth quarter of 2026, subject to regulatory approvals.…more
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FTAI Infrastructure Announces Timing of Third Quarter 2026 Earnings and Conference Call…more
FTAI Infrastructure will release its financial results for the third quarter of 2026 after the market closes on November 5, 2026. A conference call with management is scheduled to follow on November 6, 2026.…more
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FTAI Infrastructure has agreed to acquire the Port Arthur Terminal and a stake in a Canadian recovery unit from USD Group for approximately $255 million. The company expects these assets to generate $50 million in annual EBITDA and significantly enhance the value of its Jefferson segment.…more
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FTAI Infrastructure's subsidiary, Jefferson, has agreed to acquire crude oil logistics assets from USD Group for approximately $255 million. The company expects the acquired assets to generate $50 million in annual EBITDA, supported by long-term take-or-pay contracts.…more
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