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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. Apr 30, 2026, 12:44 p.m. 1 min readMake preferred on MARA Holdings (MARA) has agreed to buy Long Ridge Energy & Power in a deal valued at about $1.5 billion. MARA will also assume at least $785 million of debt backstopped by a bridge loan.The seller, FTAI Infrastructure (FIP), is up 12% in pre-market trading. MARA is ahead 3%.The deal includes Long Ridge’s 505-megawatt ...

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