The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout. MARA Holdings (MARA) is acquiring Long Ridge Energy & Power for $1.5 billion to power its AI data center expansion. The deal includes a 505 MW gas plant and 1,600 acres in Ohio, offering over 1 GW power capacity for future AI and IT buildout. The acquisition increases MARA's capacity by 65%, adds $144M in annualized adjusted EBITDA, and is expected to close in the…
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