{"filing":{"accession_number":"0001140361-26-037763","cik":"0001899883","ticker":"FIP","company_name":"FTAI Infrastructure Inc.","form":"8-K","filing_date":"2026-09-28","report_date":"2026-09-27","primary_document":"ef20082849_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1899883/000114036126037763/ef20082849_8k.htm"},"events":[{"id":35273,"run_id":32485,"accession_number":"0001140361-26-037763","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.97,"summary":"FTAI Infrastructure Inc.'s subsidiary Drub LLC entered into a definitive Membership Interest Purchase Agreement to acquire all membership interests of DRUbit, a crude oil logistics company with assets including the Port Arthur Terminal and a 50% interest in the Diluent Recovery Unit, for approximately $255 million enterprise value. The acquisition is expected to generate approximately $50 million in annual EBITDA, more than doubling Jefferson's existing EBITDA, and will be financed through assumed debt of approximately $190 million and a $72 million debt commitment from Barclays.","company_name":"FTAI Infrastructure Inc.","ticker":"FIP","filing_date":"2026-09-28","form":"8-K","submitted_at":null,"items":[{"id":39272,"accession_number":"0001140361-26-037763","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"FTAI Infrastructure Inc.'s subsidiary Drub LLC entered into a definitive Membership Interest Purchase Agreement to acquire all membership interests of DRUbit (crude oil logistics assets including the Port Arthur Terminal and 50% interest in the Diluent Recovery Unit) for $255 million enterprise value. This is a material acquisition disclosed under Item 1.01, with significant strategic and financial implications: the transaction is expected to generate ~$50 million annual EBITDA, more than double Jefferson's existing EBITDA, and is financed through assumed debt (~$190 million) and a $72 million debt commitment from Barclays.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T10:47:44.443123+00:00","company_name":"","ticker":null,"filing_date":""},{"id":39273,"accession_number":"0001140361-26-037763","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses entry into a definitive agreement to acquire crude oil logistics assets (Port Arthur Terminal and 50% interest in Diluent Recovery Unit) from USD Group for approximately $255 million in cash. The press release explicitly states this is a material acquisition that will \"more than double Jefferson's existing Adjusted EBITDA\" and generate approximately $50 million of annual EBITDA, representing a significant material acquisition activity requiring 8-K disclosure under Item 1.01 or 2.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T10:47:44.443123+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":39272,"accession_number":"0001140361-26-037763","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"FTAI Infrastructure Inc.'s subsidiary Drub LLC entered into a definitive Membership Interest Purchase Agreement to acquire all membership interests of DRUbit (crude oil logistics assets including the Port Arthur Terminal and 50% interest in the Diluent Recovery Unit) for $255 million enterprise value. This is a material acquisition disclosed under Item 1.01, with significant strategic and financial implications: the transaction is expected to generate ~$50 million annual EBITDA, more than double Jefferson's existing EBITDA, and is financed through assumed debt (~$190 million) and a $72 million debt commitment from Barclays.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T10:47:44.443123+00:00","company_name":"FTAI Infrastructure Inc.","ticker":"FIP","filing_date":"2026-09-28"},{"id":39273,"accession_number":"0001140361-26-037763","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"The filing discloses entry into a definitive agreement to acquire crude oil logistics assets (Port Arthur Terminal and 50% interest in Diluent Recovery Unit) from USD Group for approximately $255 million in cash. The press release explicitly states this is a material acquisition that will \"more than double Jefferson's existing Adjusted EBITDA\" and generate approximately $50 million of annual EBITDA, representing a significant material acquisition activity requiring 8-K disclosure under Item 1.01 or 2.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-28T10:47:44.443123+00:00","company_name":"FTAI Infrastructure Inc.","ticker":"FIP","filing_date":"2026-09-28"}]}
