good Okay. our earnings Thank quarter Welcome everyone. year and you, XXXX. of call and Alan, to morning, for full our fourth
to I'll on today, to holders XX share March which authorized report the be dividend per referring paid call has be I'm our our on record website. on quarterly posted the pleased can $X.XX For XX. a earnings Board find of that supplement, you March to to
will reported importantly, plan the I morning, fourth year discuss XXXX years outlook for this results for I our quarter, ahead. the fiscal but and call to review and the the more also For
was over EBITDA from years. XXXX more for and past adjusted $XXX.X results, the than up $XXX.X doubling million, million XXXX X the On
was a the units XXXX stage company which during for highly of at we XXXX to All X productive number core the accomplished our year. of transformational in, our EBITDA set business results. a year financial be each during grew that initiatives our and for
on approximately our the of illustrates, line of million million. which X As annual incremental have on contracts, company across portfolio our of total under locked-in the of EBITDA combined chart Slide $XXX $XXX annual sight we when results, executed XXXX right side bar with approximately represents now EBITDA
If into business, up And excess time over the than target pursuing as business new EBITDA pipeline for these we annual opportunities $XXX successful we're are just company. quarterly last spin-off our converting as in is new call. that since ever. estimate any opportunities our contracted mentioned we business potential of materially we million, strong million on of $XXX from in the our Today, of more
$XXX Our new Transtar data the million we at or acquisitions such excludes center may investments any impact act acquisitions upon, Long at or of target Ridge. developments as
our of Focusing planned acquisition This on we partners' starts and to completed substantial our near Ridge. stake. It demonstrate Long with XX.X% refinancing on equity closed the XXXX month, debt expect growth. term, we the
$XXX number earnings Ridge upon locked we figure for I'm EBITDA development in that Ridge's refinancing, Long on Based this impact forma the transactions, for and behind-the-meter connection arrangement approximately cash a significant Pro a we with of discussions, next announce customer the the for with million expect of annual have positive sale we In will data at X current years. will power which a Long centers. generate Long to with repriced flow. contracts, the third-party our confident the bulk of of Ridge that year, an
an a additional annually. per and volumes of of customers, $XX million million export representing At opportunity this recently to our from barrels for contracted X be could estimate scale the we and day contract for EBITDA. signed third-party XX,XXX Phase total EBITDA our $XX annual upon $XX Depending system, between of approximately demand Repauno, NGL incremental bringing we million
upon works to of finance completion have the construction in will Revenue we from budget of plan Early coming and mid-XXXX. expected commenced, Phase $XXX construction the weeks. X commence in million
million Importantly, received provides from week, capital. long-term debt, issuance we this light the New the Jersey entire which Development the to of access low-cost, Authority with us earlier green Economic the for tax-exempt $XXX of
X volumes EBITDA commencing negotiations we will annual of of approximately $XXX advanced Jefferson, all also of if million terminal These our of volumes. projects renewable $XX a and new conventional At under involving opportunities, both contracts, minimum to business products. with this have annual contracted, in position EBITDA. million on long-term year We're number successfully generate
the at Transtar, is as market as active we've M&A Finally, seen.
reviewing Slide in on of of aggregate bit are now EBITDA. parties on discussions the well a $XXX million annual opportunities, X the We Ridge Long going over recent X. time in with total transactions represent to spend little which more a I'm
the from the XX, February closed Grosvenor, aggregate consideration for we power the our GCM February our On sale debt partner, closed and repricing of XX, XX.X% refinancing purchase million. on On in interest of contracts. largest we of Long $XXX Ridge
will The to result a average previously. price $XX megawatt per megawatt the incremental per of $XX $XX Ridge megawatt increase EBITDA hour annual financing in asset of million repricing price compared of per sell hour hour the transaction level. our power debt approximately Long at $XX As at power and results of we of contracts, an
million well $XX at the EBITDA months, in we finally, we be X resulting capacity in June receiving the commence and coming the Virginia also in $XX excess incremental at will And from incremental capacity this gas approximately million results. to approximately On of result annual Higher of asset prices. we'll annual production gas will gas needs, producing West our revenue EBITDA of current plants power $XX in in auction of stemming level. start year, million higher payments recent
all week, million would of have will earlier EBITDA that to to as consolidated will we for Previously, of annual sheet of opposed we this half our XX% our going equity Adding be on for Ridge the report company. forward Long reported forecast of at $XXX million an balance up, asset amount it basis. generate now share level Pro approximately Ridge purchase, we accounting. method onto Long and our $XXX closed which the forma the
achieve $XX million $X XX.X% with stake is level, FTAI The of greatly months of and allows of expect XXX% convertible $XXX long-term Altogether, million Ridge. the at the years. transactions and of purchase enhance cash Long million of the the to Ridge the in participate coming we'll being preferred issued us note in creation going Infrastructure $XXX we to also at forward Long generate earnings stock issued million value and funded
before getting our results. walk going total level of I'm specific company September sheet balance through to debt We into briefly billion $X.X reported the XX. at
and transactions the Ridge's result Ridge consolidating assets balance As I sheet. forward, our mentioned, in onto will going Long debt our Long
to addition on in the balances sheet, Slide forma So we're balance reported showing X. pro the debt
while debt in We're debt debt and close the to unchanged launch a the million $XX We'll also Transtar debt-free, million from Repauno. million at weeks, existing at I million at to described, level Repauno. completely planning expect rest term units. $XXX the here loan was to $XXX at of last the is later with quarter the continues issue at Debt $XXX low-cost we'll be Repauno corporate second debt Jefferson of our approximately was our recently that of issue refinance the to quarter. in tax-exempt and coming at financing the business
cash preferred and of plan of reduce refinance is year. That existing Repauno stock in after bonds flow for our corporate refinancing to financing, and second service this for Upon financing, later the increase which common also will charges planned debt we the in another accretive completion shareholders. quarter fixed
of through revenue million results then detailed $XX.X adjusted million the questions. adjusted compared turn of Transtar million our segments, EBITDA QX. on in of with with QX I'll $XX.X million it the Slide over talk quarterly supplement. Transtar posted now $XX.X $XX.X in and of revenue Starting in and of plan of EBITDA to to each and X
prior EBITDA XXXX year, fiscal versus year. XXXX the and both For revenue the increased
softer first a saw anticipated of driven we at production U.S. carloads QX domestic in of revenue quarter impact exceed positive the fourth tariffs. versus the recently by part and the revenue result and carloads to quarter as Steel While or on levels XXXX, slightly the in to return expect QX, here announced
as and material Operating costs largely to other stable be fuel items have been expenses unchanged. also continue cost
Third-party EBITDA roughly to continue customer with currently and activity rate we continues Pittsburgh opportunities year facility transloading XX% to organic XX% M&A by up. grow are XXXX in, And growth with our a ramping to growth in railcar repair incremental driven that expecting experience increase. all next locations to all new
in seeing As the I most a evaluating and years currently opportunities. we're market total are of described M&A X earlier, active
I'm at strategic core doing and our has platform the company's of One investment to confident we'll objectives been this so Transtar for be leverage year. growth,
generated million third on in fourth sale of XXXX in revenue included million EBITDA recent $X.X in our revenue the results. $XX.X $XX.X quarters comparing quarter the repeated was of that and that QX QX. million million quarter Now of of most $XX.X and important on million the assets to It's X Jefferson. note gain EBITDA a of not in $XX.X of Jefferson to versus adjusted
an EBITDA QX million So apples-to-apples $X sales, up asset excluding basis, QX. from on gains was approximately on for
at But prior XXXX increased revenue focus versus the year, ahead. the both Jefferson on For year. and year is EBITDA XXXX the fiscal our
now we month, X year. representing million of summer of have spring EBITDA this of a this $XX and commencing of contracts, as discussed, the incremental in As total annual
for conventional with parties renewables In would refined addition, we are in XXXX. year late-stage and multiple of these crude business contracts to commence well this with negotiations additional products as as in some involving handle that negotiations
approximately If position opportunities annual to we'll a we're business $XXX to post in successful million. these be EBITDA converting wins, of in
We Now EBITDA. to under annual bringing barrels of total X, volumes XX,XXX day second or contract $XX for Repauno. Phase committed signed million our per our
available X up this have We continue ahead. quarter the remainder to for capacity have during and signed to second expect Phase
those complete. with Assuming to full executed, $XX consistent contribute once rates EBITDA annual utilization up of X Phase already million and can
earlier. construction and capital Repauno. rates of million, X%, the equity we're expecting markets I be those making X interest funded will value with environment, Total the costs X% current to the $XXX the estimated to debt range in of highly tax-exempt the of accretive described project In Phase
additional expect phase X the underground of month. our including priority, While next we're about next remains permitting storage Phase which advancement the development to for current we Repauno, on complete the of excited
out Long factor planned in capacity generated supply quarter Closing plant, million QX. line level Long in $XX.X to QX, multi-day gas QX million Power plant. power versus XX% the to more outage run power in required a Ridge. maintenance Ridge in in gas the at EBITDA was the production increased reflecting while be for XX% plant with with $X.X versus the
a in revenue resulting We'll increase production from be summer, to substantial bringing our online Virginia excess generate gas production us and incremental allowing in West EBITDA sales. gas this and gas
revenue annual demand of higher for EBITDA the remain consolidation potential seeing a as the in that have by power refinancing that this the million by hyperscalers significantly revenues capacity the as debt plants. come, will to for cash anticipated years We'll driven flow behind and representing pricing All we're $XX capacity levels year, retirements indications at power well June in and and both of at coal-fired us, on Long start the from higher the growth mandated EBITDA. are With opportunities surge Ridge. impact to number in increase focused
fast most of megawatts more entering the We plant Based new anticipate the PJM, uprates. projects on in state result into tracked center negotiations be to behind-the-meter the at FERC's power data of in the XXX the application current advance we months. or multiple coming Long to to continue uprate to a transactions projects, with as notably most advancing importantly, for and centers recent data of we're including developers. mandate And one including accelerate discussions, generation Ridge the expect our also
To XXXX the very pleased extremely we're about turn and call wrap I'll and year over up, to the Alan. the ahead, quarter with excited back
