Soluna’s Project Dorothy 2 Prepares to Deliver $14M in Potential Operating Profit
Soluna Holdings, Inc. (SLNH)
Company Research
Source: Business Wire
The 50 MW Data Center Clears the Modeling Phase in the ERCOT Process ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today Project Dorothy 2, its 50 MW data center co-located at a wind farm in Texas, has passed the modeling phase in the ERCOT Large Flexible Load approval process. Approval in ERCOT modeling is a significant step to begin the bidding process and finalize financing for this major expansion of the Company’s flagship project.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240314083214/en/The financial model for Project Dorothy 2 was prepared internally based upon the same assumptions used by management in evaluating potential projects, which management believes are reasonable but are affected by factors beyond the Company’s control. (Graphic: Business
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SLNH
Sec Filings
- 4/29/24 - Form DEF
- 4/26/24 - Form SC
- 4/25/24 - Form SC
- SLNH's page on the SEC website