Every material Form 8-K FTAI Infrastructure Inc. has filed with the SEC since September 28, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
FTAI Infrastructure reported third quarter 2026 revenue of $219.0 million, up from $140.6 million a year earlier, and a smaller loss per share of $1.27 compared with $1.38. The company also declared a $0.03 per share dividend, reported a record Adjusted EBITDA of $95.3 million, and said it expects to close the Long Ridge sale by the end of November and a $255 million acquisition from USD Group LLC in November. The company still posted a net loss, with interest expense of $116.5 million and asset impairment of $28.6 million in the quarter.
Total revenues were $219.0 million for the quarter ended September 30, 2026, compared with $140.6 million a year earlier.
Net loss attributable to common stockholders was $150.2 million, or $1.27 per share, versus $159.2 million, or $1.38 per share, in the prior-year quarter.
Adjusted EBITDA was $95.3 million, a quarterly record according to the company, compared with $70.9 million a year earlier.
The Board declared a $0.03 per share dividend payable December 7, 2026 to holders of record on November 23, 2026.
FTAI Infrastructure's Jefferson Terminal unit announced plans for a private offering of up to $270 million of notes, a preliminary amount subject to market conditions, to finance its acquisition of DRUbit LLC for an enterprise value of $255 million and pay related fees. Jefferson reported a net loss of approximately $52.2 million for the six months ended June 30, 2026, and expects the acquisition to more than double its annual Adjusted EBITDA to about $100 million, though the filing gives no assurance the financing will be completed.
Notes offering of up to $270 million, preliminary and subject to change, to be offered to qualified institutional buyers and non-U.S. persons
Acquisition of DRUbit LLC from an affiliate of US Development Group LLC at an enterprise value of $255 million, announced in a September 28, 2026 8-K
Jefferson reported a six-month net loss of approximately $52.2 million and Adjusted EBITDA of approximately $19.2 million
Jefferson targets 2027 Adjusted EBITDA of approximately $138 million and total debt of approximately $1,214 million on a pro forma basis
On September 27, 2026, the company's subsidiary Drub LLC agreed to buy all membership interests of DRUbit LLC from DRUbit Holdings LLC for an enterprise value of $255 million, subject to adjustments. A September 28 press release from the company's Jefferson Energy unit says the deal covers the Port Arthur Terminal in Texas and a 50% interest in the Hardisty, Alberta Diluent Recovery Unit, and that the acquired assets are expected to generate about $50 million of annual EBITDA over the next twelve months. Closing is expected in the fourth quarter of 2026, subject to regulatory approvals.
Enterprise value of $255 million, adjusted for cash, indebtedness, net working capital and transaction expenses; purchase price reduced by DRUbit's term debt of about $190 million as of September 27, 2026, which is expected to remain outsta
Barclays Bank PLC provided a debt commitment of $72 million to fund the remaining portion of the purchase price, subject to customary conditions.
Company expects approximately $50 million of annual EBITDA from the acquired assets over the next twelve months; closing expected in the fourth quarter of 2026.
Buyer would pay a $15.3 million termination fee if it breaches its obligations, and either party may terminate if closing has not occurred within five months of signing.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every FTAI Infrastructure Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →