---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-006134"
form_type: "8-K"
ticker: "FIP"
cik: "0001899883"
company_name: "FTAI Infrastructure Inc."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:33:13.058241+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# FTAI Infrastructure acquires remaining 49.9% of Long Ridge Energy for $9M cash, $20M note, and Series B Preferred

## Summary
- Acquired 100% of LIF Holdings, owner of 49.9% of Long Ridge Energy & Power LLC, from GCM Grosvenor affiliates.
- Consideration: $9M cash, $20M promissory note from LRE&P, and 160,000 Series B Convertible Preferred shares (9%/10% dividend).
- Issued 550,000 Series A Warrants (exercise price $10/share) to Ares as consent fee for Series A Preferred amendment.
- Board increased to 5; appointed Matthew Rinklin (GCM Managing Director) as Class II director.
- Series A Preferred terms amended to permit acquisition and allow $0.03 quarterly common dividend with catch-up provisions.

## SEC filing metadata
- accession: 0001140361-25-006134
- form_type: 8-K
- ticker: FIP
- cik: 0001899883
- company_name: FTAI Infrastructure Inc.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1899883/000114036125006134/0001140361-25-006134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1899883/000114036125006134/ef20044412_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-006134
- JSON: https://secwatch.observer/filing/0001140361-25-006134.json
- Plain text: https://secwatch.observer/filing/0001140361-25-006134.txt

## Key facts
- Executive change
  Matthew Rinklin was appointed as Class II Director at FTAI Infrastructure Inc..
  - Action: appointed
  - Role: Class II Director
  source text: On February 26, 2025, the Board approved an increase in the size of the Board from four to five directors, and appointed Matthew Rinklin, the GCM Designee under the Investor Rights Agreement, as a Class II director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1899883/000114036125006134/0001140361-25-006134-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.