Overview
Soluna Holdings, Inc. has acquired the 150 MW Briscoe Wind Farm in West Texas for $53 million, financed through cash and debt. This acquisition is expected to generate an adjusted EBITDA of $6 million to $11 million in the first year and annualized revenue of $20 million to $24.4 million. By owning both the renewable energy source and the data center infrastructure, Soluna aims to enhance its vertical integration and support the development of Project Dorothy 3, a renewable-powered AI campus expansion.
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Soluna Holdings, Inc. has acquired the 150 MW Briscoe Wind Farm in West Texas for $53 million, financed through cash and debt. This acquisition is expected to generate an adjusted EBITDA of $6 million to $11 million in the first year and annualized revenue of $20 million to $24.4 million. By owning both the renewable energy source and the data center infrastructure, Soluna aims to enhance its vertical integration and support the development of Project Dorothy 3, a renewable-powered AI campus expansion.