FERC Authorizes MARA’s Acquisition of Long Ridge Energy & Power, Finds Transaction Consistent with the Public Interest
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
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.