FTAI Infrastructure Inc. 8-K

What Happened

• FTAI Infrastructure Inc. announced that its Audit Committee appointed KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026. The appointment became effective April 15, 2026 and was ratified by the Board of Directors.
• In connection with the appointment, the Company dismissed Ernst & Young LLP, which had served as the Company's auditor since 2021. EY's audit reports for the fiscal years ended December 31, 2025 and 2024 were unmodified (no adverse opinion, disclaimer, or qualifications).

Key Details

• Appointment effective: April 15, 2026; KPMG engaged for fiscal year ending December 31, 2026.
• Dismissal: Ernst & Young LLP (auditor since 2021) was dismissed on April 15, 2026.
• Prior audits: EY’s reports for 2024 and 2025 contained no adverse opinions or qualifications.
• Communications: The Company reported no consultations with KPMG about accounting or audit opinions during 2024–2025 and through April 15, 2026; no disagreements or reportable events with EY for the same periods. EY’s response letter dated April 16, 2026 is filed as Exhibit 16.1.

Why It Matters

• A change in the independent auditor is a material corporate governance event. For investors, it signals a change in who will audit and attest to the company’s financial statements for 2026 and may affect future audit approaches or disclosures.
• The filing confirms there were no disagreements or reportable events with the prior auditor and that prior audit opinions were unmodified, reducing immediate accounting-continuity concerns.