MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push

MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center pushThe 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.By Francisco Rodrigues|Edited by Stephen Alpher Apr 30, 2026, 12:44 p.m. 1 min readMake preferred on (Taylor Vick/Unsplash)What to know: 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 second half of 2026.MARA Holdings (MARA) has

Source: https://www.coindesk.com/business/2026/04/30/mara-holdings-to-buy-long-ridge-energy-in-usd1-5-billion-ai-data-center-push