FTAI Infrastructure to Sell Long Ridge Energy to MARA for $1.52 Billion

Key Facts

FTAI Infrastructure (FIP) has agreed to sell Long Ridge Energy to MARA Holdings for $1.52 billion to optimize its balance sheet. Alongside this divestiture, FTAI Aviation reported a robust Q1 EBITDA of $325.6 million, exceeding market consensus driven by aerospace growth. The company's aerospace market share rose from 10% to 12%, with management targeting a long-term goal of 25%. Additionally, the company is transitioning its Strategic Capital segment from SCI I to SCI II, shifting toward a higher-multiple programmatic leasing model. These financial milestones follow the recent expansion of FIP's revolving credit facility to $2.025 billion. Collectively, these moves demonstrate strong operational momentum and a proactive approach to capital management across the FTAI ecosystem.

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