Acquisition of Long Ridge Energy & Power
Company: Marathon Digital
The claim, verbatim
MARA entered into a definitive agreement to acquire Long Ridge Energy & Power LLC for approximately $1.5 billion including assumption of at least $785 million of debt
Source (primary)
MARA Advances Its Optimized Digital Infrastructure Strategy with Agreement to Acquire Long Ridge Energy & Power - MARA Holdings (-, news_article)
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Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”
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Additional evidence
confirms MARA Advances Its Optimized Digital Infrastructure Strategy with Agreement to Acquire Long Ridge Energy & Power - MARA Holdings
Quote: “entered into a definitive agreement to acquire Long Ridge Energy & Power LLC ("Long Ridge Energy") from FTAI Infrastructure Inc. (NASDAQ: FIP) ("FTAI Infrastructure") for a total transaction value of approximately $1.5 billion (including the assumption of certain debt)”