MARA to buy Long Ridge Energy in $1.5 billion AI data center push
MARA Holdings (MARA) has agreed to acquire Long Ridge Energy & Power in a deal valued at approximately $1.5 billion. MARA will also assume at least $785 million in debt, supported by a bridge loan. Sell-side FTAI Infrastructure (FIP) rose 12% in pre-market trading. MARA leads by 3%. The deal includes Long Ridge’s 505-megawatt combined…