FTAI Infrastructure Inc. Announces Approval from the U.S. Surface Transportation Board for Control of The Wheeling Corporation and The Wheeling & Lake Erie Railway Company
FTAI Infrastructure Inc. (FIP)
Company Research
Source: GlobeNewswire
NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the “Company”) announced today that the Surface Transportation Board has approved the acquisition of the Wheeling & Lake Erie Railway Company (“The Wheeling”) effective December 26, 2025 (the “Effective Date”). The voting trust that has controlled The Wheeling since the transaction closed on August 25, 2025 is expected to be dissolved on or shortly after the Effective Date and thereafter the Company would assume control of The Wheeling and combine operations with its existing Transtar freight rail business. About FTAI Infrastructure Inc. FTAI Infrastructure Inc. primarily invests in critical infrastructure with high barriers to entry across the rail, ports and terminals, and power and gas sectors that, on a combined basis, generate strong and stable cash flows with the potential for earnings growth and asset appreciation. FTAI Infrastructure Inc. is externally managed by an affiliate of Fortress Inv
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FIP
Analyst Actions
- 10/31/25 - BTIG
FIP
Sec Filings
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- 11/14/25 - Form SCHEDULE
- FIP's page on the SEC website