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FERC approves MARA’s $1.512 billion Long Ridge power deal

Nov 5, 2026 01:46 (6h ago)

Verifying

FERC approved MARA Holdings’ acquisition of Long Ridge’s natural-gas generation assets.
$1.512 billion enterprise value covers 485 megawatts approved output and 505 megawatts nameplate capacity.
Nov. 30 is the transaction’s outside closing deadline.