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FERC authorizes Long Ridge acquisition

Company: Marathon Digital

Subject kind
regulatory
Statement date
2026-11-05
Promised amount
1500000000.0 USD
Current status
stated

The claim, verbatim

FERC authorized MARA's approximately $1.5 billion acquisition of Long Ridge Energy & Power from FTAI Infrastructure, finding it consistent with the public interest and satisfying a key closing condition; the Commission order is dated November 4, 2026.

Source (primary)

FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io (-, news_article)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “the Federal Energy Regulatory Commission had authorized its approximately $1.5 billion acquisition of Long Ridge Energy & Power from FTAI Infrastructure ( FIP ) , finding the transaction consistent with the public interest and satisfying a key closing condition”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io

Quote: “the Federal Energy Regulatory Commission had authorized its approximately $1.5 billion acquisition of Long Ridge Energy & Power from FTAI Infrastructure ( FIP ) , finding the transaction consistent with the public interest and satisfying a key closing condition”

View cached copy (2026-11-06)Live source ↗Archive.org ↗