FTAI Infrastructure Inc.
FTAI Infrastructure Inc. (Nasdaq: FIP) is a U.S.-based infrastructure company that acquires, develops, and operates critical long-lived assets across the transportation, energy, and industrial sectors, including freight rail, ports and terminals, and power and gas. Spun off from FTAI Aviation in 2021 and externally managed by an affiliate of Fortress Investment Group, the company operates segments such as its Transtar railroad business, Jefferson Terminal, Repauno, and sustainability/energy transition investments.
“MARA Holdings (Nasdaq: MARA) agreed to acquire Long Ridge Energy & Power, including its power plant in Hannibal, Ohio, from FTAI Infrastructure (Nasdaq: FIP) for $1.5B (including debt).”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.