Long Ridge power plant closing
Company: Marathon Digital
The claim, verbatim
The Long Ridge natural gas power plant transaction has FERC approval and MARA expects it to close within the coming weeks.
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: “has been approved by the FERC (Federal Energy Regulatory Commission), with closing expected within the coming weeks”
How we checked this
Checked on November 11, 2026. The cited source supports every part of this claim.
The article reports FERC approval and an expected closing within weeks, though it twice garbles the name as Long The Ridge.
Confirmed in the source:
- Long Ridge is a natural gas power plant project
- The Long Ridge project has been approved by FERC
- Closing is expected within the coming weeks
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: “has been approved by the FERC (Federal Energy Regulatory Commission), with closing expected within the coming weeks”