FTAI Infrastructure Inc. received approval from the Surface Transportation Board to acquire the Wheeling & Lake Erie Railway Company, effective December 26, 2025. The company will dissolve the voting trust and combine operations with its existing Transtar freight rail business.

FTAI Infrastructure Inc. agreed to purchase The Wheeling Corporation, owner of the Wheeling & Lake Erie Railway Company, for $1.05 billion. The transaction includes refinancing existing notes and raising $2.25 billion in new capital, with plans to combine W&LE with Transtar to generate approximately $200 million in annual Adjusted EBITDA by end of 2026.

FTAI Infrastructure Inc. reported a net loss for the fourth quarter and full year 2024, but also declared a dividend of $0.03 per share. The company highlighted several business highlights, including debt refinancing, new contracts, and pursuing M&A opportunities.

OMERS, the defined benefit pension plan for Ontario's municipal sector, achieved an 8.3% investment return in 2024, exceeding its 7.5% benchmark. The plan's net assets grew to $138.2 billion, and it reported a 98% smoothed funded status. OMERS has averaged a 7.1% annual return over the past 10 years.

The alternative investment industry is expected to grow from $16.8 trillion in assets under management (AUM) at the end of 2023 to $29.2 trillion by 2029, a 9.7% annual growth rate. Private equity is predicted to more than double in size, while private debt performance is expected to improve. Venture capital, real estate, and infrastructure are also expected to see significant growth.

FTAI Infrastructure Inc. reported its Q2 2024 financial results, with a net loss of $54.35 million and Adjusted EBITDA of $34.26 million. The company's four core segments generated Adjusted EBITDA of $41.79 million, up 12% from Q1. The company also declared a $0.03 per share dividend.

FTAI Infrastructure Inc. plans to announce its Q2 2024 financial results on August 1, 2024, and host a conference call on August 2, 2024. The company primarily invests in critical infrastructure across various sectors.

Jefferson Energy, Aramco Trading Americas Execute Agreement for Bi-Directional Flow on Jefferson Southern Star Pipeline; Will Provide Access from Marketlin

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the first quarter 2024. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.

As of April 15, 2024, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70, according to Benzinga Pro. Here’s the latest list of major overbought players in this sector. FTAI Infrastructure Inc. ...

NEW YORK, April 03, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the first quarter 2024 after the closing of Nasdaq on Tuesday, May 7, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.fipinc.com/.

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the fourth quarter and full year 2023. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.