Maintain Long Ridge PJM capacity supply
Company: Marathon Digital
The claim, verbatim
MARA does not expect to reduce Long Ridge's current capacity supply to the PJM grid or adversely affect consumers, and expects future compute demand to be supported by incremental generation developed over time.
Source (primary)
FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io (-, news_article)
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Quote: “MARA does not expect to reduce Long Ridge’s current capacity supply to the PJM grid or adversely affect consumers, and expects future compute demand, including potential behind-the-meter compute, to be supported by incremental generation developed over time.”
How we checked this
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Additional evidence
confirms FERC Clears MARA Holdings’ $1.5 Billion Long Ridge Acquisition - Securities.io
Quote: “MARA does not expect to reduce Long Ridge’s current capacity supply to the PJM grid or adversely affect consumers, and expects future compute demand, including potential behind-the-meter compute, to be supported by incremental generation developed over time.”