MARA Signs Agreement with HIF to Acquire Strategic Powered Land Site in Texas
MARA Holdings has signed a definitive agreement to acquire a 1,200-acre powered land site in Matagorda County, Texas, from HIF USA LLC. The site is expected to provide up to 2 GW of power capacity by April 2028, which will more than double MARA’s total potential power capacity to approximately 4.8 GW when combined with its existing portfolio and the pending Long Ridge acquisition.
Key figures
- Site acres
- 1200
- Texas investment usd
- 1200000000
- Target power capacity gw
- 2
- Initial power capacity gw
- 1
- Total portfolio capacity gw
- 4.8
AI analysis
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