A Path to Carbon Free Power

In October 2020, Long Ridge Energy Terminal, located in Hannibal, Ohio, announced plans to transition its 485 MW combined-cycle power plant to run on carbon-free hydrogen. Long Ridge, which is a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), has partnered with New Fortress Energy’s Zero division and GE to blend carbon-free hydrogen as fuel and begin providing carbon-free power to customers as early as next year. Fortress and its partners are very excited about this first-of-its-kind initiative in hydrogen power as Long Ridge will be the first purpose-built hydrogen-burning power plant in the United States and the first worldwide to blend hydrogen in a GE H-class gas turbine. Fortress is proud to play an important role in the aspirational goal of zero carbon emissions worldwide and we are confident that our experience with this initiative will lead to more carbon-free power project investments.