FTAI Infrastructure in talks to buy GCM Grosvenor's Long Ridge stake for ~$200M

FTAI Infrastructure Inc.

Long Ridge plans to refinance ~$599M existing loans with new secured financing.
After refinancing, Long Ridge targets ~$223M annual revenue and ~$160M Adjusted EBITDA.
FIP discusses purchasing GCM's 49.9% interest in Long Ridge and LRWV for ~$200M in equity-linked interests.
Assumptions include power plant at 87% capacity, 325 MW under new contracts at market rates.
No assurance the potential transaction or refinancing will be completed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.