LandBridge Announces Agreement with PowerBridge for the Development of a 2 GW Powered Data Center Campus [Yahoo! Finance]
LandBridge Company LLC Class A Shares Representing Limited Liability Company Interests (LB)
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Source: Yahoo! Finance
HOUSTON, April 02, 2026 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 Point Infrastructure portfolio company led by Chief Executive Officer, Alex Hernandez, who previously served as Founder and CEO of Cumulus Data and CEO of Talen Energ
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News
- LandBridge Announces Agreement with PowerBridge for the Development of a 2 GW Powered Data Center CampusBusiness Wire
- LandBridge (LB) was upgraded by Zacks Research from "strong sell" to "hold".MarketBeat
- LandBridge (LB) had its price target raised by Wells Fargo & Company from $90.00 to $92.00. They now have an "overweight" rating on the stock.MarketBeat
- LandBridge (LB) had its price target raised by The Goldman Sachs Group, Inc. from $69.00 to $84.00. They now have a "buy" rating on the stock.MarketBeat
- LandBridge Announces Webcast of Upcoming Investor DayBusiness Wire
LB
Earnings
- 11/12/25 - Miss
LB
Sec Filings
- 3/19/26 - Form 8-K
- 3/6/26 - Form 4
- 2/26/26 - Form 10-K
- LB's page on the SEC website