Bitcoin Miner Soluna Closes $53 Million Wind Farm Acquisition in West Texas

2 days ago

Soluna Holdings has achieved afloat vertical integration by acquiring the 150 MW Briscoe Wind Farm to powerfulness its expanding artificial quality (AI) information halfway campus.

Soluna Holdings, Inc. announced connected April 2, 2026, the palmy closing of its $53 cardinal acquisition of the Briscoe Wind Farm successful West Texas. This transaction, financed done currency and debt, allows the Albany-based developer to ain the renewable vigor root powering its Project Dorothy information halfway infrastructure.

The acquisition is instantly accretive, featuring a projected year-one Adjusted EBITDA betwixt $6 cardinal and $11 million. Soluna present manages a full capableness of 150 MW astatine this site, providing a instauration for the planned 300 MW Project Dorothy 3 AI field expansion.

This strategical determination secures semipermanent vigor certainty and eliminates reliance connected third-party powerfulness acquisition agreements for the Texas facility. By controlling the power, land, and compute resources, the institution establishes a durable outgo vantage for high-performance computing and generative AI workloads.

“Energy sovereignty is the cardinal durable moat successful the AI infrastructure race,” said John Belizaire, CEO of Soluna. “By owning the Briscoe Wind Farm, we person secured the cornerstone infrastructure needed to physique an AI campus.”

🧭 FAQs

Where is the recently acquired Briscoe Wind Farm installation located? The 150 MW renewable vigor plus is located successful the West Texas region.

What is the projected fiscal interaction for the archetypal year? Soluna expects an Adjusted EBITDA betwixt $6 cardinal and $11 cardinal annually.

How does this acquisition impact the section Project Dorothy site? It enables the improvement of a 300 MW AI field connected adjacent land.

Which determination powerfulness grid transportation does the upwind workplace use? The installation utilizes a GE Vernova turbine strategy with an ERCOT grid interconnection.

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