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0.000144948543267214 -0.0233367154660096 -0.0197130018843311 -0.0201478475141325 -0.0317437309755037 -0.0382664154225248 -0.0100014494854326 0.00840701550949431
Stock impact report

LandBridge Announces Agreement with PowerBridge for the Development of a 2 GW Powered Data Center Campus

LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests (LB) 
NASDAQ:AMEX Investor Relations: investors.lb.com
Company Research Source: Business Wire
Agreement provides option to lease acreage for the development of a 2 GW powered data center campus in West Texas on LandBridge acreage in close proximity to the Waha natural gas hub HOUSTON--(BUSINESS WIRE)--LandBridge Company LLC (NYSE: LB) (“LandBridge”) today announced that it has entered into a lease development agreement with PowerBridge LLC (“PowerBridge”) providing the option to lease up to ~3,400 acres in Reeves County, Texas from LandBridge for a giga-scale data center campus with up to 2 GW of initial co-located power generation under development by PowerBridge and its power partners (the “Alpha Digital Campus”). The lease development agreement grants PowerBridge the right to further advance site development activities and pursue entitlements for the Alpha Digital Campus and an ability to lease the property on a long-term basis for the development of campus digital infrastructure and associated power solutions to serve data center customers at scale.PowerBridge is a Five Show less Read more
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