Soluna Closes $53M Briscoe Wind Farm Acquisition; Achieves Vertical Integration
Soluna Holdings, Inc. (SLNH)
Company Research
Source: Business Wire
$6–$11M Year-One Projected EBITDA | 300 MW AI Campus Expansion at Project Dorothy ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers that converts renewable energy into computing power, today announced that it has closed the acquisition of the 150 MW Briscoe Wind Farm in West Texas for a total purchase price of $53.0 million. The transaction was financed through cash on the balance sheet and debt.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260402681640/en/Soluna’s acquisition of the Briscoe Wind Farm marks a structural milestone in Soluna's evolution from co-location to full vertical integration of renewable energy and compute infrastructure at Project Dorothy.The acquisition is expected to be immediately accretive, with projected Year-One Adjusted EBITDA of $6 million to $11 million and annualized revenue of $20 million to $24.4 million.
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SLNH
Sec Filings
- 4/6/26 - Form 144
- 4/3/26 - Form 8-K
- 4/2/26 - Form 8-K
- SLNH's page on the SEC website