secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001140361-26-018033
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000114036126018033/0001140361-26-018033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000114036126018033/ef20071666_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-018033

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