Alpha Compute signs $55 million deal to acquire Pennsylvania land and gas rights

ALP Alpha Compute Corp

$4.02 -8.43%

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1. 1AI infrastructure company Alpha Compute has signed a binding term sheet to acquire Pennsylvania land and natural gas rights for $55 million
2. 2The site will host a 200-megawatt data center campus with gas-fired power generation, targeted for operation in Q3 2027, with the potential to scale up to 1 gigawatt
3. 3With surging demand for AI computing power driving more companies to secure their own power sources, the deal— if completed—would mark the company's first U.S. data center development

Source Reuters · View original ↗

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