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

By bitcoin.com
Apr 3, 2026
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Soluna Holdings has achieved full vertical integration by acquiring the 150 MW Briscoe Wind Farm to power its expanding artificial intelligence (AI) data center campus.

Soluna Holdings, Inc. announced on April 2, 2026, the successful closing of its $53 million acquisition of the Briscoe Wind Farm in West Texas. This transaction, financed through cash and debt, allows the Albany-based developer to own the renewable energy source powering its Project Dorothy data center infrastructure.

The acquisition is immediately accretive, featuring a projected year-one Adjusted EBITDA between $6 million and $11 million. Soluna now manages a total capacity of 150 MW at this site, providing a foundation for the planned 300 MW Project Dorothy 3 AI campus expansion.

This strategic move secures long-term energy certainty and eliminates reliance on third-party power purchase agreements for the Texas facility. By controlling the power, land, and compute resources, the company establishes a durable cost advantage for high-performance computing and generative AI workloads.

🧭 FAQs

• Where is the newly acquired Briscoe Wind Farm facility located? The 150 MW renewable energy asset is located in the West Texas region.

• What is the projected financial impact for the first year? Soluna expects an Adjusted EBITDA between $6 million and $11 million annually.

• How does this acquisition affect the local Project Dorothy site? It enables the development of a 300 MW AI campus on adjacent land.

• Which regional power grid connection does the wind farm use? The facility utilizes a GE Vernova turbine system with an ERCOT grid interconnection.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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