jain.com

Long Ridge power plant acquisition FERC-approved

Company: Marathon Digital

Subject kind
regulatory
Statement date
2026-11-09
Current status
stated

The claim, verbatim

The Long Ridge natural gas power plant project has been approved by FERC.

Source (primary)

MARA Holdings Q3 Call: Aims to Secure Two AI/HPC Leases by Year-End, Reduces Total Debt by 37% - KuCoin (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “Long The Ridge natural gas power plant project has been approved by the FERC (Federal Energy Regulatory Commission)”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article says the natural gas power plant project was approved by FERC, although its machine translation garbles the name in that sentence as Long The Ridge.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.kucoin.com/news/flash/mara-holdings-q3-call-aims-to-sign-two-ai-hpc-leases-by-year-end-cuts-total-debt-by-37) in full (15,540 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms MARA Holdings Q3 Call: Aims to Secure Two AI/HPC Leases by Year-End, Reduces Total Debt by 37% - KuCoin

Quote: “Long The Ridge natural gas power plant project has been approved by the FERC (Federal Energy Regulatory Commission)”

View cached copy (2026-11-10)Live source ↗Archive.org ↗