MPLX LP and MARA Holdings, Inc. announce the signing of a letter of intent (LOI) for MPLX to facilitate the supply of natural gas to planned integrated power generation facilities and state-of-the-art data center campuses in West Texas.
Under the initiative, MPLX will facilitate natural gas supply from its Delaware basin natural gas processing plants to MARA’s planned gas-fired electricity generation facilities in West Texas, which will deliver reliable, scalable solutions for the region’s energy and computing needs. MARA will build multiple power generation facilities and data centers at locations near MPLX processing facilities across the Delaware basin, with an initial capacity of 400 MW and the potential to scale up to 1.5 GW. These power generation facilities will be supplied natural gas by MPLX and provide electricity for MARA’s planned data center campuses while also supplying power to MPLX’s West Texas operations, enhancing reliability for MPLX and its producer-customers.
“This collaboration will create additional in-basin demand in the Delaware basin and enhance our natural gas value chain with improved power reliability, benefiting existing producer-customers,” said Maryann Mannen, MPLX president and chief executive officer.
Fred Thiel, MARA’s chairman and CEO added, “Collaborating with MPLX allows us to leverage lower-cost local natural gas resources and build the foundation for high-performance, efficient data center campuses. Our integrated approach provides MARA with the flexibility to optimize power usage, monetize excess generation, and support the region’s transformation into a hub for digital infrastructure. As the project scales, we anticipate transitioning from dynamic mining loads to advanced AI/HPC workloads, maximizing value and optionality for all stakeholders.”
Under the terms of the LOI, MARA will own and operate the power generating facilities and data centers, while MPLX will supply natural gas and receive electricity under a tolling agreement. The proposed transaction remains subject to the negotiation and execution of definitive and commercial agreements, receipt of any required regulatory and third-party approvals, completion of satisfactory due diligence by both parties and other conditions precedent.
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