// COMPANY
Long Ridge Energy & Power
// OVERVIEW
Long Ridge Energy & Power is a vertically integrated power and gas company operating a 485-megawatt combined-cycle gas plant in Hannibal, Ohio, situated on 1,660 acres in the heart of the Marcellus and Utica shale formations. It is a climate-tech pioneer as the first purpose-built hydrogen-blending power plant in the U.S., utilizing a GE Vernova turbine capable of burning up to 100% hydrogen, and is being acquired by MARA Holdings for approximately $1.5 billion.
// RECENT MENTIONS
// SIGNALS
1 SIGNAL
01
m_and_a·Axios Pro Rata·APRIL 30, 2026
“MARA Holdings (Nasdaq: MARA) agreed to acquire Long Ridge Energy & Power, including its power plant in Hannibal, Ohio, from FTAI Infrastructure (Nasdaq: FIP) for $1.5B (including debt).”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.