FTAI Infrastructure (FIP) - 2023 Q3 - Quarterly Report

13 14 Electricity Derivatives—Our equity method investee, Long Ridge, enters into derivative contracts as part of a risk management program to mitigate price risk associated with certain electricity price exposures. Long Ridge primarily uses swap derivative contracts, which are agreements to buy or sell a quantity of electricity at a predetermined future date and at a predetermined price. Derivatives Not Designated As Hedging Instruments | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | -- ...