FERC Authorizes MARA's Acquisition of Long Ridge Energy & Power, Finds Transaction Consistent with the Public InterestTransaction will add a 505 MW nameplate power plant and more than 1,600 contiguous acres supporting a premier digital infrastructure campus MIAMI, FL, Nov. 05, 2026 (GLOBE NEWSWIRE) -- MARA Holdings, Inc. (NASDAQ: MARA) (“MARA”), a global, energy-backed digital infrastructure enterprise, today announced that the Federal Energy Regulatory Commission (“FERC”) has approved MARA's previously announced acquisition of Long Ridge Energy & Power LLC (“Long Ridge Energy”) from FTAI Infrastructure Inc. In its order, FERC determined that the transaction is consistent with the public interest. The authorization satisfies a key regulatory condition for closing the transaction, which is expected to occur in the coming weeks.
GlobeNewsWire11/5/2026Neutral