Company:Fortress Transportation and Infrastructure Investors
From HandWiki
Fortress Transportation and Infrastructure Investors (NYSE: FTAI) is a corporation.[1]
History
On 31 May 2019, construction of the Long Ridge Energy gas-fired power plant began in Monroe County, Ohio. At the time, the Long Ridge project was 100% owned by FTAI.[2] General Electric supplied the 485MW gas turbine power plant.[3]
On 20 November 2019, it was announced that Canadian Pacific would purchase the Central Maine and Quebec Railway from FTAI.[1]
On 23 December 2019, GCM Grosvenor acquired a 49.9% equity stake in the Long Ridge Energy Terminal from FTAI.[4]
Leadership
The company was formed by Wes Edens.
References
- ↑ 1.0 1.1 "CP to acquire Central Maine & Quebec Railway from FTAI". 20 November 2019. https://www.cpr.ca/en/media/cp-to-acquire-central-maine-quebec-railway-from-ftai.
- ↑ "Construction begins for Long Ridge Energy gas-fired power plant". Fox News. wtov9.com. 31 May 2019. https://wtov9.com/news/local/construction-begins-for-hannibal-gas-fired-power-plant.
- ↑ "GE to Offer HA Gas Turbine Technology to Fortress in Ohio". Zacks Equity Research. Nasdaq, Inc. 7 March 2019. https://www.nasdaq.com/articles/ge-offer-ha-gas-turbine-technology-fortress-ohio-2019-03-07.
- ↑ "GCM Grosvenor Announces Agreement to Acquire 49.9% Equity Interest in Long Ridge Energy Terminal from Fortress Transportation and Infrastructure Investors". Oil & Gas 360. 23 December 2019. https://www.oilandgas360.com/gcm-grosvenor-announces-agreement-to-acquire-49-9-equity-interest-in-long-ridge-energy-terminal-from-fortress-transportation-and-infrastructure-investors/.
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