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Mara Holdings to buy Long Ridge Energy from FTAI Infrastructure in $1.5 billion deal

PUBT·04/30/2026 11:00:45
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Mara Holdings to buy Long Ridge Energy from FTAI Infrastructure in $1.5 billion deal
  • MARA agreed to acquire Long Ridge Energy from FTAI Infrastructure for about USD 1.5 billion, including assumed debt.
  • Assets include 505 MW combined-cycle gas plant in Hannibal, Ohio, with more than 1,600 acres for digital infrastructure development.
  • Transaction expected to add about USD 144 million in annualized adjusted EBITDA, based on Long Ridge 2H 2025 performance.
  • Owned and operated power capacity projected to rise about 65%, lifting operational and development capacity to about 2.2 GW across several markets.
  • Closing targeted for second half of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mara Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604300700PRIMZONEFULLFEED9710372) on April 30, 2026, and is solely responsible for the information contained therein.