FTAI Infrastructure Inc. filings document the company’s operating results, infrastructure portfolio disclosures, financing arrangements, and corporate governance matters. Its 8-K reports include quarterly results, dividend announcements, Regulation FD materials, material definitive agreements, and capital-structure updates tied to secured term loan facilities and asset-level financing.
The company’s proxy filings cover annual meeting matters, board and shareholder voting items, and governance procedures. Other filings record reporting-status matters such as Form 12b-25 late-filing notices and auditor changes, including the appointment and dismissal of independent registered public accounting firms. Together, the filings describe FIP’s rail, terminal, and energy assets, debt covenants, shareholder matters, and financial reporting controls.
FTAI Infrastructure Inc. reported that LIF AIV 1, L.P. and Labor Impact Fund, L.P. received a quarterly dividend on 160,000 Series B Preferred Stock shares held directly by them on September 30, 2026, increasing their stated value. The dividend added 571,664 Common Stock shares to the preferred stock’s convertible amount. The conversion formula divides Liquidation Value by the $8.18 Conversion Price.
The preferred stock was convertible into 22,941,100 Common Stock shares in aggregate, while shares issued upon conversion may not exceed 22,237,370 unless the issuer obtains stockholder approval, subject to limited exceptions. No Rule 10b5-1 plan is reported. Michael Jay Sacks is listed as a director and ten percent owner; the reporting persons may be deemed directors by deputization because Matthew Rinklin, an employee of GCM Grosvenor L.P., serves on the issuer’s board.
FTAI Infrastructure Inc.'s indirect subsidiary, Drub LLC, agreed to acquire all issued and outstanding membership interests of DRUbit LLC from DRUbit Holdings LLC at a purchase price based on an enterprise value of $255 million, subject to customary adjustments for cash, indebtedness, net working capital and transaction expenses. The acquired assets are described as Port Arthur Terminal and a 50% interest in the Diluent Recovery Unit in Hardisty, Alberta.
The agreement currently contemplates that DRUbit's existing term debt will remain outstanding after closing unless Drub requests repayment; its current principal balance was approximately $190 million as of September 27, 2026, and the purchase price will be reduced by debt outstanding at closing. Barclays committed, subject to customary conditions, to provide a $72 million loan for the remaining purchase-price portion.
The assets are expected to generate approximately $50 million of annual EBITDA over the next twelve months. Either party may terminate if closing has not occurred by the date five months after execution; in specified circumstances involving Drub's breach, including failure to close, Drub must pay DRUbit Holdings LLC a $15,300,000 termination fee.
Wellington Management Group LLP and related entities report beneficial ownership of 13,490,351 shares of FTAI Infrastructure Inc. common stock, representing 11.42% of the class as of June 30, 2026. All voting and dispositive authority is shared, with no sole voting or dispositive power.
The shares are owned of record by clients of various Wellington investment advisers, which are controlled through a holding-company structure headed by Wellington Management Group LLP. No single client is known to have rights over more than five percent of the class.
FTAI Infrastructure Inc. reported much higher revenue but substantially worse profitability for the quarter and six months ended June 30, 2026. Total revenues rose to $186.8 million in the quarter from $122.3 million a year earlier, and to $375.1 million for the first half from $218.4 million, driven mainly by growth in the Railroad and Jefferson Terminal businesses and contributions from the Power and Gas segment.
Despite this, the company posted a large net loss attributable to common stockholders of $166.5 million for the quarter and $321.0 million for the first half, compared with a loss of $83.9 million and income of $24.4 million in the prior-year periods. Results were pressured by a $63.2 million asset impairment tied to held-for-sale assets, significantly higher interest expense of $188.0 million year-to-date, and losses on debt extinguishment.
The balance sheet shows total assets of $5.75 billion and total debt of $2.79 billion, with stockholders’ equity at negative $329.8 million and total equity at negative $518.7 million. Long Ridge Energy & Power LLC is classified as held for sale, with assets of $1.66 billion and liabilities of $1.49 billion, and is subject to a pending sale for a base price of $1.52 billion. Management expects this sale and refinancing of the Jefferson bridge loan to be key to meeting upcoming debt maturities and improving liquidity.
FTAI Infrastructure Inc. reported second-quarter 2026 total revenues of $186,768 (amounts in thousands of dollars), up from $122,286 a year earlier. Net loss attributable to common stockholders widened to $166,464, or $1.41 per share, compared with $83,898, or $0.73 per share. Results included $63,188 of asset impairment charges and $105,492 of interest expense, while Adjusted EBITDA was $76.1 million.
For the first six months of 2026, total revenues were $375,132 and net loss attributable to common stockholders was $320,989 (amounts in thousands). Stockholders' equity was a deficit of $329,776 as of June 30, 2026. The rail segment delivered record revenue and Adjusted EBITDA, and the company announced a tuck-in acquisition of Tidewater Logistics on June 29, 2026. An anticipated sale of Long Ridge is pending regulatory approval; at closing, management expects to eliminate $1.16 billion of Long Ridge debt and use net proceeds to repay approximately $300 million of other debt. The board declared a quarterly dividend of $0.03 per share, payable September 8, 2026 to holders of record on August 24, 2026, and reported completion of Jefferson’s SSP bi-directional pipeline and continued progress on Repauno phase two toward expected early 2027 operations.
FTAI Infrastructure Inc. reported an insider update showing that investment funds LIF AIV 1, L.P. and Labor Impact Fund, L.P. received a regular dividend on 160,000 shares of Series B Convertible Junior Preferred Stock. The dividend was paid by increasing the stated value of the preferred shares rather than through cash.
This increase in stated value raises the number of FTAI Infrastructure common shares that the preferred stock can be converted into. As of this update, the Series B Preferred Stock held in aggregate by the two funds is convertible into 22,369,436 shares of common stock, subject to a cap of 22,237,370 shares unless stockholders approve a higher amount. The preferred shares are held directly by the funds and indirectly through several GCM Grosvenor-affiliated entities, which disclaim beneficial ownership beyond their pecuniary interest.
FTAI Infrastructure Inc. received an updated ownership report from GCM Grosvenor-affiliated entities. The amendment reflects a higher number of common shares underlying their Series B Convertible Junior Preferred Stock following a quarterly dividend, not new share purchases or sales.
The reporting group now beneficially owns 22,237,370 shares of common stock on an as-converted basis, representing about 15.84% of the company’s common shares, using 118,163,555 shares outstanding as of May 6, 2026. The Series B Preferred totals 160,000 shares, currently convertible into 22,369,436 common shares but subject to a 22,237,370-share cap unless stockholders approve more. The filers state they have made no transactions in the issuer’s securities during the past 60 days.
FTAI Infrastructure Inc., through subsidiary Jefferson 2020 Bond Borrower LLC, entered into a new secured bridge loan credit agreement and used the proceeds to refinance existing project bonds. The bridge facility provides $230.0 million of debt maturing on June 30, 2027.
The loan bears interest at the Adjusted Term SOFR Rate plus 5.50%, with the margin stepping up by 0.50% every 90 days after July 1, 2026. Proceeds repaid in full the Taxable Series 2024B Bonds with $217,870,000 principal and funded reserves and transaction costs.
The agreement includes covenants restricting additional debt, distributions, investments and liens, and requires the borrower to maintain at least $20.0 million of liquidity. Excess cash flow and certain asset sales, equity issuances, and new debt must be used to prepay the bridge loan under specified conditions.
ROBINSON RAY M reported acquisition or exercise transactions in this Form 4 filing.
FTAI Infrastructure Inc. director Ray M. Robinson received a stock award of 15,152 shares of common stock as compensation for board services. The shares were granted under the company’s Non-qualified Stock Option and Incentive Award Plan and related board resolutions. Following this grant, Robinson directly holds 111,991 common shares. The footnote notes a closing share price of $4.95 on June 26, 2026, which was used for this compensation award.
Hamilton James L. reported acquisition or exercise transactions in this Form 4 filing.
FTAI Infrastructure Inc. director Hamilton James L. received a grant of 1,010 shares of common stock as equity compensation. The award was issued at no cash cost to him under the company’s Non-qualified Stock Option and Incentive Award Plan and related board resolutions.
Following this grant, he holds 9,410 common shares directly. The footnote notes a closing share price of $4.95 on June 26, 2026, giving a sense of the approximate market value of this routine director compensation award.