FTAI Infrastructure Agrees to Buy Crude Logistics Assets for $255 Million

Affiliate of Jefferson Energy Companies Agrees to Acquire Crude Oil Logistics Assets from USD Group

NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- FTAI Energy Partners LLC (“Jefferson” or the “Company”), a subsidiary of FTAI Infrastructure Inc. (NASDAQ: FIP), today announced that its subsidiary has entered into a definitive agreement to acquire the Port Arthur…

FTAI Energy Partners agrees to acquire crude oil logistics assets from USD Group

FTAI Energy Partners LLC has announced that its subsidiary has entered into a definitive agreement to acquire the Port Arthur Terminal in Port Arthur, Texas, US, and a 50% interest in the DRU located in Hardisty, Alberta, Canada, from a subsidiary of USD Group LLC.

FTAI Infrastructure agrees to buy crude logistics assets for $255 million

What happened FTAI Infrastructure Inc. (NASDAQ: FIP) said its subsidiary agreed on September 27, 2026, to buy crude oil logistics assets from a subsidiary of USD Group LLC. The deal includes the Port Arthur Terminal in Port Arthur, Texas, and a 50% interest in the Diluent Recovery Unit in Hardisty, Alberta. The press release says […]