Affiliate of Jefferson Energy Companies Agrees to Acquire Crude Oil Logistics Assets from USD Group
FTAI Infrastructure Inc.'s subsidiary, Jefferson Energy, has agreed to acquire the Port Arthur Terminal in Texas and a 50% interest in the Diluent Recovery Unit in Alberta from USD Group for approximately $255 million. The acquisition, expected to close in Q4 2026 pending regulatory approval, will more than double Jefferson's Adjusted EBITDA by add…