FTAI Infrastructure (FIP) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Consolidated Adjusted EBITDA for Q3 2025 was $70.9 million[9], driven by the rail segment and Long Ridge operating performance[14] - Net loss for Q3 2025 was $(118.3) million[9] - Rail Segment Adj EBITDA was $29.1 million in 3Q'25, up from $20.7 million in 2Q'25[9, 29] - Long Ridge Adj EBITDA was $35.7 million in 3Q'25, with a power plant capacity factor of 96%[9, 15] - Jefferson Terminal Adj EBITDA was $11.0 million in 3Q'25[9, 15] - Repauno Adj EBITDA was $0.7 million in 3Q'25, a significant improvement from $(2.1) million in 2Q'25[9, 46] Strategic Initiatives and Capital Structure - The company closed the Wheeling and Lake Erie Railway (W&LE) transaction in the final week of August, contributing $8.4 million in Adj EBITDA over a five-week span[14] - Long Ridge commenced West Virginia gas sales in the third week of August, contributing $1.4 million in Adj EBITDA[14] - Total debt, net increased from $3.085 billion on June 30, 2025, to $3.728 billion on September 30, 2025[18] - The company is planning a near-term refinancing of its $1.25 billion parent-level term loan[19, 21]