---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-018033"
form_type: "8-K"
ticker: "FIP"
cik: "0001899883"
company_name: "FTAI Infrastructure Inc."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:09:38.970985+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FIP sells Long Ridge Energy & Power to MARA for $1.512B; proceeds to repay debt

## Summary
- Base purchase price of $1.512 billion; total transaction value approximately $1.52 billion.
- Sale eliminates $1.16 billion of Long Ridge debt; FIP expects to repay ~$300 million of corporate debt.
- Net proceeds also to be used for reinvestment in growth opportunities, including potential acquisitions.
- Transaction expected to close in Q3 2026, subject to regulatory approvals and customary conditions.
- Buyer is MARA USA Corporation, a subsidiary of MARA Holdings, Inc. (NASDAQ: MARA).

## SEC filing metadata
- accession: 0001140361-26-018033
- form_type: 8-K
- ticker: FIP
- cik: 0001899883
- company_name: FTAI Infrastructure Inc.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1899883/000114036126018033/0001140361-26-018033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1899883/000114036126018033/ef20071666_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-018033
- JSON: https://secwatch.observer/filing/0001140361-26-018033.json
- Plain text: https://secwatch.observer/filing/0001140361-26-018033.txt

## Source-grounded claims
- claim_id: 545bca043edd444c2afe4389c196f8c9d84f8b26
  claim: FTAI Infrastructure Inc. entered into Agreement with MARA USA Corporation valued at $1.512 billion (effective 2026-04-29).
  evidence_excerpt: On April 29, 2026, Ohio River Partners Holdco LLC (“ ORPH ”), a Delaware limited liability company and a direct wholly-owned subsidiary of FTAI Infrastructure Inc. (“ FIP ”), Ohio River Partners Finance LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of ORPH (together with ORPH, “ Sellers ”), and, solely for the purposes specified therein, FIP entered into an equity purchase agreement (the “ Agreement ”) with MARA USA Corporation (“ Buyer ”), a Delaware corporation and a direct wholly-owned subsidiary of MARA Holdings, Inc. (“ Buyer Parent ”), and, solely for the purposes specified therein, Buyer Parent, pursuant to which, among other things, upon the terms and subject to the conditions set forth in the Agreement, Buyer will purchase all of the issued and outstanding membership interests of Long Ridge Energy & Power LLC, a Delaware limited liability company and an indirect wholly-owned subsidiary of FIP (“LRE&P”), from Sellers , for a base purchase price
  evidence_url: https://www.sec.gov/Archives/edgar/data/1899883/000114036126018033/0001140361-26-018033-index.htm

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