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MARA Holdings MARA
FERC approves MARA Holdings' acquisition of Long Ridge Energy & Power
MARA Holdings said the deal will add a 505 MW nameplate power plant and more than 1,600 contiguous acres.
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MARA Holdings said on November 5, 2026 that the Federal Energy Regulatory Commission approved its previously announced acquisition of Long Ridge Energy & Power LLC from FTAI Infrastructure Inc., finding the transaction consistent with the public interest.
The approval satisfies a regulatory condition for closing. MARA Holdings said it expects the transaction to close in the coming weeks.
Key facts
- Target
- Long Ridge Energy & Power LLC
- Seller
- FTAI Infrastructure Inc.
- Power plant
- 505 MW nameplate
- Land
- More than 1,600 contiguous acres
Source: The company's release on GlobeNewswire, November 5, 2026.
Written by GetSignal with AI from the company's press release.
Not investment advice.
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