MARA to buy Long Ridge Energy in $1.5 billion AI data center push
By Francisco Rodrigues
Published on April 30, 2026.
Mara Holdings (MRA) has agreed to buy Long Ridge Energy & Power in a deal worth $1.5 billion. The acquisition includes Long Ridge's 505-megawatt combined-cycle gas plant in Hannibal, Ohio, along with over 1,600 acres of land, fiber links, fuel supply and grid connections. Marra plans to expand its owned-and-anish power capacity by about 65% and expand its operating and development pipeline to approximately 2.2 gigawatts. The deal is expected to close in the second half of 2026.
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