MARA to Buy Ohio Gas Plant Operator Long Ridge for $1.5 Billion as It Pivots Beyond Bitcoin

MARA to buy Ohio gas plant operator Long Ridge for $1.5 billion as it pivots beyond bitcoin

MARA surges on $1.5 billion acquisition of Long Ridge Energy, adding 1 gigawatt of potential power capacity

The acquisition agreement is part of the firm’s infrastructure goals to build an AI campus....

MARA to buy Long Ridge Energy in $1.5 billion AI data center push

The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout.

MARA Advances Its Optimized Digital Infrastructure Strategy with Agreement to Acquire Long Ridge Energy & Power

Establishes Premier Digital Infrastructure Campus with Over 1 GW of Total Potential Capacity, Including 200 MW of Existing MARA Capacity and Line of Sight to up to 600 Gross MW of AI and Critical IT Loads

MARA Buying a 505 MW Gas Plant and 1,600 Acres in Ohio for $1.5 Billion

MARA signed a definitive agreement to acquire Long Ridge Energy & Power for roughly $1.5 billion, picking up a 505 MW gas plant, over 1,600 acres in Hannibal, Ohio, and a path to more than 1 GW of total power capacity.