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FERC Authorizes MARA’s Acquisition of Long Ridge Energy & Power, Finds Transaction Consistent with the Public Interest

$MARAPress releaseNov 5, 2026, 8:00 AM ETRead the release

FERC has approved MARA's acquisition of Long Ridge Energy & Power from FTAI Infrastructure, finding the transaction consistent with the public interest. The deal adds a 505 MW combined-cycle natural gas plant and more than 1,600 contiguous acres, and is expected to increase MARA's owned power generation capacity by over 300% with contracted cash flows from power generation. Long Ridge plus MARA's existing operations represent more than 1 GW of potential capacity, positioning the site as a platform for AI and high-performance computing infrastructure.

Key figures

Acres
more than 1,600 contiguous acres
Target capacity
approximately 4.8 GW
Full capacity timing
first half of 2027
Nameplate capacity mw
505
Authorized capacity mw
485
Capacity expansion pct
300%+
Current energized capacity
1.9 GW
Total site potential capacity
more than 1 GW

AI analysis

Red flags2 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.