Fortress Transportation and Infrastructure Investors is a corporation.
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.[1] General Electric supplied the 485MW gas turbine power plant.[2]
On 20 November 2019, it was announced that Canadian Pacific would purchase the Central Maine and Quebec Railway from FTAI.[3]
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.
External links
References
- Construction begins for Long Ridge Energy gas-fired power plant wtov9.com, 31 May 2019^
- GE to Offer HA Gas Turbine Technology to Fortress in Ohio Nasdaq, Inc, 7 March 2019^
- CP to acquire Central Maine & Quebec Railway from FTAI 20 November 2019^
- 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^