jain.com

No reduction of PJM grid supply

Company: Marathon Digital - Project: Long Ridge

Subject kind
facility capacity
Statement date
2026-11-05
Current status
stated

The claim, verbatim

MARA does not expect to reduce Long Ridge's current capacity supply to the PJM grid; future compute demand at the site is expected to be supported by incremental generation developed over time.

Source (primary)

MARA Holdings, Inc. Receives FERC Approval For Acquisition Of Long Ridge Energy & Power LLC - www.marketscreener.com (-, news_article)
View cached copy (2026-11-08)Live source ↗

Quote: “MARA does not expect to reduce Long Ridge Energy?s current supply of capacity to the PJM grid or adversely impact consumers.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The article says MARA does not expect to reduce Long Ridge's current capacity supply to PJM, and that future compute demand at the site is expected to be met by incremental generation developed over time.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.marketscreener.com/news/mara-holdings-inc-receives-ferc-approval-for-acquisition-of-long-ridge-energy-power-llc-ce785fd2d98ef62d) in full (15,407 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Holdings, Inc. Receives FERC Approval For Acquisition Of Long Ridge Energy & Power LLC - www.marketscreener.com

Quote: “MARA does not expect to reduce Long Ridge Energy?s current supply of capacity to the PJM grid or adversely impact consumers.”

View cached copy (2026-11-08)Live source ↗