secwatch.observer — SEC 8-K summary
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Issuer:     FTAI Infrastructure Inc. (FIP)
CIK:        0001899883
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001899883-26-000023
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTAI Infrastructure reports Q1 Adj. EBITDA $70.6M; announces $1.52B sale of Long Ridge to MARA
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- Net loss $150M ($1.32 per share) includes $70.6M Adjusted EBITDA; record quarterly Adj. EBITDA would have been $80M+ without 25-day plant outage.
- Agreed to sell Long Ridge to MARA Holdings for $1.52B; will eliminate $1.16B of Long Ridge debt and repay ~$300M of parent debt.
- Rail and Jefferson segments performed strongly; Repauno phase two expansion on schedule for early 2027.
- Declared $0.03 per share quarterly cash dividend payable June 12, 2026 to record holders May 18, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1899883/000189988326000023/0001899883-26-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1899883/000189988326000023/ftai-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001899883-26-000023

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