NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP; the "Company" or “FTAI Infrastructure”) plans to announce its financial results for the fourth quarter and full year 2024 after the closing of Nasdaq on Thursday, February 27, 2025. 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/. In addition, management will host a conference call on Friday, February 28, 2025, at 8:00 A.M ...

FTAI Infrastructure Inc. (NASDAQ:FIP) Q3 2024 Earnings Conference Call October 31, 2024 8:00 AM ET Company Participants Alan Andreini - Head of Investor Relations Ken Nicholson - Chief Executive Officer & President Conference Call Participants Giuliano Bologna - Compass Point Brian McKenna - Citizens JMP Sherif Elmaghrabi - BTIG Operator Hello, and welcome to FTAI Infrastructure Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers presentation there ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-41370 FTAI INFRASTRUCTURE INC. (Exact name of registrant as specified in its charter) Delaware 87-4407005 (State or other jur ...

FTAI INFRASTRUCTURE Supplemental Information Third Quarter 2024 1 IN GENERAL. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, is referred to herein as the "Presentation." The information contained on, or accessible through, any websites included in this Presentation is not incorporated by reference into, and should not be considered a part of, this Presentation. FORWARD-LOOKING ST ...

Exhibit 99.1 PRESS RELEASE FTAI Infrastructure Inc. Reports Third Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock NEW YORK, October 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the "Company" or "FTAI Infrastructure") today reported financial results for the third quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per ...

NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company” or “FTAI Infrastructure”) today reported financial results for the third quarter 2024. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data)Selected Financial ResultsQ3’24Net Loss Attributable to Stockholders$(49,971)Basic and Diluted Loss per Share of Common Stock$(0.45)A ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission file number 001-41370 FTAI INFRASTRUCTURE INC. (Exact name of registrant as specified in its charter) Delaware 87-4407005 | --- | --- | --- | |--- ...

Financial Data and Key Metrics - Adjusted EBITDA before corporate expenses for Q2 2024 was $41.8 million, up 15% YoY and 12% sequentially [4] - The company forecasts generating over $200 million of run-rate annual EBITDA by the end of 2024 and expects to exceed this in 2025 [6] - Total debt as of June 30 was $1.6 billion, with $564 million at the corporate level and the rest at business units [9] Business Segment Performance Transtar - Adjusted EBITDA for Transtar was $22.1 million in Q2, with steady carload volumes and record average rates of $667 per carload [6][10] - The company added new third-party customers and expects to add more in H2 2024, diversifying its revenue base [11] - Transtar is debt-free and has potential for acquisitions of short-line and regional rail assets [9][12] Jefferson - Jefferson generated $12.3 million in adjusted EBITDA in Q2, handling record volumes of 215,000 barrels per day [7] - Two long-term contracts commencing in 2025 are expected to contribute $20 million in annual EBITDA [14] - The company is negotiating additional contracts that could generate $60 million in annual revenue [14] Repauno - Phase 2 construction is set to begin in Q3 2024, with expected capacity for 75,000 barrels per day of natural gas liquids [15] - Phase 2 is projected to contribute $75 million in annual EBITDA upon completion, up from initial expectations of $40 million [15] Long Ridge - Long Ridge generated $8.8 million in EBITDA in Q2, impacted by scheduled maintenance in May [16] - Capacity auction results for 2025-2026 indicate a 10x increase in pricing, potentially adding $32 million in incremental EBITDA [16][17] - The company is engaging with multiple parties for on-site data center projects, leveraging its power generation capabilities [18] Market and Strategic Direction - The company is focused on owning core infrastructure in major markets with long-term contracted cash flows and growth opportunities [5] - Strategic initiatives include expanding third-party customer bases, developing new facilities, and pursuing accretive acquisitions [6][12][34] - The company is well-positioned to benefit from macro trends such as AI-driven power demand and energy transitions [5][17] Management Commentary on Operating Environment and Outlook - Management expects continued momentum in H2 2024, driven by new business wins and strategic initiatives [4] - The company is optimistic about the growth potential across all segments, particularly Transtar and Long Ridge [34] - The favorable commercial landscape and strong demand for power and infrastructure support the company's growth trajectory [17][18] Other Key Information - The company declared a $0.03 per share quarterly dividend, payable on August 20 [4] - Transtar's new railcar repair facility handled 816 railcars in Q2, with plans to introduce a second shift to increase capacity [11] - Jefferson completed a new financing in Q2, refinancing near-term maturities and funding construction projects [7][9] Q&A Session Summary Question: Transtar's third-party revenue growth - When acquired, Transtar's revenue was 95% from U.S. Steel, now below 85%, with a goal to reduce it to the mid-60s [20] Question: Transtar acquisition strategy - The company is focusing on short-line railroads with regional overlap and industrial switching lines, aiming to diversify revenue [22] Question: Repauno cavern approvals - Cavern permits are expected in H2 2024, with construction starting in 2025, adding significant value to Repauno [24] Question: Long Ridge capacity auction impact - The capacity auction results have increased negotiating leverage with behind-the-meter customers, including data centers [26] Question: Jefferson's new contracts - Two contracts commencing in 2025 will contribute $20 million in annual EBITDA, with no ramp-up period [28][29] Question: Balance sheet refinancing - The company is planning a refinancing in H2 2024 to reduce borrowing costs and increase flexibility, potentially leveraging Transtar [30][31] Question: Management's priorities - Top priorities include accretive acquisitions at Transtar and development opportunities at Long Ridge [34] Question: Long Ridge swaps and merchant power - Swaps have 3-5 years remaining, and the plant is technically a merchant plant, free to provide power to any customer [36] Question: Long Ridge data center backup power - Backup power costs are likely borne by the company, with flexibility in power management being a key advantage [38][39]

Exhibit 99.1 PRESS RELEASE FTAI Infrastructure Inc. Reports Second Quarter 2024 Results, Declares Dividend of $0.03 per Share of Common Stock NEW YORK, August 2, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the "Company" or "FTAI Infrastructure") today reported financial results for the second quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per ...

NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the "Company" or "FTAI Infrastructure") today reported financial results for the second quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview | --- | --- | |--------------------------------------------------|-----------------| | | | | (in thousands, except per share data) | | | Selected Financial Results | Q2' ...