New York, New York – FTAI Infrastructure Inc. is a leading asset manager specializing in American rail, crude, and natural gas infrastructure assets across various states such as Texas, Pennsylvania, Ohio, and New Jersey. Recently spun-off from its parent company, FTAI Aviation Ltd., in August 2022, FTAI Infrastructure is making strides in its development of rail and energy assets. With a focus on key segments such as Railroad Services, Ports and Terminals, Power and Gas, as well as Sustainability and Energy Transition, the company aims to unlock its full potential and drive growth in the coming years.
Among its key divisions, Transtar, FTAI Infrastructure’s largest segment, stands out as a significant contributor to the company’s overall performance. With a robust network of short-line freight operators and strategic acquisitions like Union Railroad (URR), Transtar plays a crucial role in supporting industrial and steel businesses across various states. Additionally, the Terminals division, including facilities like Jefferson Terminal in Texas and Repauno Port and Rail in New Jersey, plays a pivotal role in supporting the transportation and storage of energy products and other bulk cargo.
Furthermore, the Power and Gas segment, operated under Long Ridge, manages a natural gas-hydrogen power plant in Ohio and oversees subterranean gas assets in West Virginia. With a strong focus on sustainability and clean energy initiatives, FTAI Infrastructure is diversifying its portfolio to align with evolving market trends and demands.
Looking ahead, the company’s strategic initiatives and partnerships, such as the agreement with Aramco Trading Americas for the Southern Star pipeline and the collaboration with New Fortress Energy for green hydrogen production, position FTAI for long-term success. While challenges and risks exist, particularly in project execution and market dynamics, FTAI Infrastructure remains optimistic about its growth prospects and aims to deliver value to its shareholders through prudent financial management and operational excellence.
