eleventh am XX. inception. XXth To based March a dividend Alan. announce paid March $X.XX be and on of dividend Thank you, shareholder date as XX per on company pleased of consecutive to public start, The I a record since our our dividend share will
portfolio million. quarter intent, current $XX.X and following million, adjusted numbers our projected $X.X for $XXX of for net over the entity, the EBITDA letters $XXX the FAD pleased from finally closings announce Before operating million, in million Aviation existing Aviation numbers going plus I’m to QX. Adjusted each the income
million QX million FAD versus QX of or the $XX.X million, let $XX.X in of XXXX QX Available key QX more QX $XX.X of Funds to million EBITDA $XX.X numbers and for XXXX of in FAD, and metrics for Now XXXX and was XXXX. The XXXX $XX.X Adjusted in million. of was Distribution. us compared $XX.X for are adjusted of EBITDA review detail. million QX me in
FAD at expenses by in million refined Repauno debt increase to due negative the of from $XX.X and to had negative operating during infrastructure quarter, corporate was the increase due percent number business, primarily in compared our from negative increased our interest the $XX.X FAD due During negative and million million for sales The infrastructure overall six our products increased leasing infrastructure which equipment the from corporate. capitalized issue. operating portfolio, expense to butane to Jefferson. at and expenses related fourth primarily from $XXX one-time the ethanol $XX.X million increased three-quarter $XX.X number a been the year. QX The add-on charge offset to revenue million The up unsecured in ramp expense was to interest at comprised
the investment QX a normalize did million and strength again QX to Finally, EBITDA FAD ability the a for $XX.X XX.X was we rate numbers, of for FAD as our equipment we bore basis. adjusted the the on $XX.X the in drilling Once million. of sale run our of gain million of in generate in result see we continuing
that see trend More importantly, in we continuing accelerating. and fact
of moment planned. hoped our motivated has and Canadian the the to as is select our crude following up again Coast and between volume Texas ethanol scrambling at core to Western and heavy and new to the on cash industry continues detail we spread refined outperform have and we observations to advanced Before two meaningful wide engine joint now repairs intermediate is flow moving the let by generator FTAI products general. the Canadian make on corner and important Jefferson West and economically going initiatives turned and and had in is the forward into again me venture Aviation, Gulf rail. exactly Mexico Aviation, bring running
plans renaming are developing Ridge Terminal are which Long Our business nicely. Repauno we Energy Hannibal, for and
exists convinced We businesses. into turn each now multi-billion-dollar that to are market of assets demand these
Let me now I when turn better. first business. has aviation cannot for backdrop to our a remember aviation by the been environment leasing setting ever
the continue the grew to some many some X% few While there industry per X.X% issues years next is passenger at demand traffic And years. the impressive. to in is e-commerce are to continue rapidly overall growing the XXXX in with strongest Global due growing bodies, wide for macros be to and X annum. freighter for projected
The yet numbers million sale which million for engines are QX investing, FAD QX. from in XX had asset one expected new Aviation consisted X in aviation XXX portfolio fact included is Here closings ever. was or XX and in quarter, largest best aircraft, proceeds, the ever another million XXX XX for million active an quarter sales, had quarter Aviation annualized asset acquisitions, XXX FAD excluding from approximately million closing for well The better we airframe. annualized, QX. and our our of X performing closings. was excellent million or as up quarter Aviation than
For approximately aviation. we all XXX XXXX, of million invested into
XX.X% remaining adjusted on of than China the return go our and target expect gains XX% equity Our purchased to lease to deal equity return the higher without as XXXX. EBITDA EBITDA equity three were of hit the both aircraft QX part and as Air lease. reach XX% off on annualized on respectively adjusted yield We targeted levels return and XX.X%
are quarter. Aviation last million and the million since we’ve from XXXX we currently approximately and XXX million year end of to Once today lease one will lease have of be expect on for on these in run the XXX this QX. per investments. rate annum, XX million as six-year intent covering leases purchased, closed We have have LOI of of Fed new go signed remaining under XXX of up two all letters projected We on new equipment three quarter will the final claims, go
and market but and the on our offshore over be of supplied on in QX offshore, lease QX of for for were most speak. to slowly to continues are we All is all improving. three as Turning currently lease all vessels
We existing continue assets opportunities we are services value some situations may our none yet are and with our evaluate seeing investment. expand ready are make the but new or new a interesting that to capabilities fit we added that at point to
a drilling of As in monetize million. proceeds I mentioned for investment and we of million our XX.X earlier, did XX.X board gain
and Turning and are refined QX running is well which although businesses and the now some experience exciting Jefferson an construction delays to and both products had up now ethanol nicely. startup productive infrastructure Harvey caused Jefferson. the delays normal we ramping and hurricane and
to was be capacity refine to year XX,XXX For by products, barrels per we XX,XXX the barrels QX an approximately can year. our per designed with initial increase of and additional which this we of volume QX day this day doing handle by approximately to investment million system today XX expect
that a been Jeff the demand Brazil, this and are fully which Given to this major hope day utilized was is be strength export, the finding for in robust demand for designed by Plains ethanol Green should India proceed few of facility. and we decision we for including of On to weeks. running strong China, system has make this, next XX,XXX to within year. barrels per QX
thus above WCS as presently takeaway are capacity a barrel. is, the news Canadian capacity bad crude, strait is, they real exceeding production again is the expected pipeline getting very news difficult. and WTI is Regarding between and The $XX is good
adding this can are year, progress terrific we EBITDA we we of for to markets, storage end With XXXX. to opportunities but get secured of sooner. of QX give well are which a should also doing with for us starting quarter, an potentially yet. this additional still deals, and respect new comfortable valuable with users, Jefferson, is rail With low in to everything active but that XXX,XXX in we late, pipeline some this XXXX ability efficiently online XXX,XXX million of larger have comfortable barrels We around the year are we the international construction and the in negotiations first slots On little storage, barrels, this beginning $XX little a delivering, solid the weather increasing, in to and several million, more storage told spite nothing are most be late. deliver connections export end are making of All range. and and range are $XX to progress challenges, our at are finalized into time
due continue which Turning a to quarter and higher Most increased in hub increase in and rate with going $X railroad, started primarily in year freight our have from million and $XX that a year, towards mix to progress and CMQR in cleaning and to to EBITDA QX. positive feel revenue $XX million strong. of of $XX very the in $X activity. annual Quebec NGLs. the X% approximately we million XXXX starting for the are tank an from revenue year cavern cavern generate out this customers expect Central, Maine, propane. QX in will change be term, operating gas to $X expect fertilizers million good has chemicals, volume total big Last importantly started year-over-year, approximately and in $XX EBITDA to grow operation to million continues volumes the natural and annual into line storage to butane million million revenue we the to comfortable XXXX, we new starting and a EBITDA Longer will generate liquids, add that in we full will Repauno approximately continues opportunity making annual in and in we here
from contributor, positive a vv. So,
few work commencing propane underground propane the optimal and for with We scope out international, European identifying size Marcellus buyers producers, storage the last beginning and supply from the butane discussions and spending location new butane of the have months, granite been on engineering mostly to cavern. working and
positive for suppliers million view Our of several barrels and off-takers remains securing for capacity.
core the the XX infrastructure. million, To of remind barrels million you approximately that math, by end expect XXX build storage ground expecting to sampling X QX. are being the of first of for we be of with done one-time million the We to above
Terminal the next $XX for $X lock an million, with and in to generate contracts. very expect Ridge formerly year build deliveries, we or between to this demand of to for The $XXX to storage $XX in of Energy we the $XX in we approximately and frac second, location long-term potentially we rail both third, EBITDA. Long as of and generate each underground to $XX over that sand rail known million per barrels in EBITDA the storage couple to and enable handle are handle unit us excellent frac trains barge million high months infrastructure sand upgrading fourth ability some a like Hannibal $XXX to million of annual barrels and million to I’d million million math. million expect expect
progress. the time, Regarding great power fully activity the permitted chosen, supplies in the and island gas contractors been plant, remaining contracts. place the output in important we’ve is power made selling record site The main have price EPC fixed electricity the long-term through is and
over identified we which and of for demand or industrial are regional expect have plan the half to We discussions users megawatts. XXX the of megawatts output of with approximately up in multiple XXX representing sign
XX% an equity half, the approximately respect have so onsite debt For the outcome, that would significant the expect deal to this we achieve million we investment debt. targeting on do be all capacity With approximately projects January. will financing are EBITDA we we we with primarily users now $XXX XXXX. we would in in done, total with did next If starting that can you other Financing, per debt-to-total expect today these cap annum of of deal exceed financing data $XXX centers.
we are finalizing million revolver $XX a In at addition, Jefferson.
improving In few are worked last for moving at continues with metrics Aviation to up profitability new assets this levels. months, taken Ridge had now. Long outperform ramping new through and to weather and a of while conclusion, XXXX. we With we’re XXXX startup and we accomplished firm and we’ve positioned business in back let successfully even excited for executing we delays our Repauno add So, as Jefferson are now issues the very exciting prospects me about to more our what proud in growth. forward And business call future contributors in EBITDA be as I’m plans and we turn positive Alan. the will that, and and where
