Bolt and TPL Announce Strategic Agreement to Pursue Data Center Development in West Texas
Texas Pacific Land Corporation (TPL)
Last texas pacific land corporation earnings: 4/30 04:30 pm
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Source: Business Wire
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) today announced a strategic agreement with Bolt Data & Energy, Inc. (“Bolt”) to develop and enable large-scale data center campuses and supporting infrastructure across TPL land.Bolt is a data and energy infrastructure company co-founded by Eric Schmidt, former CEO and Chairman of Google, who also serves as Bolt’s Chairman.“Our goal is to create the largest and most efficient data center company in the world by combining abundant energy production, efficient and scalable data infrastructure, and the largest land expansion runway in North America," said Mr. Schmidt. “By partnering with TPL, Bolt will fuel the Fourth Industrial Revolution and protect and augment American leadership in artificial intelligence.”As part of the agreement, Bolt raised $150 million of capital with $50 million invested by TPL. TPL will receive an equity interest, warrants, and a right of first refusal to supply wat
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- Bolt and TPL Announce Strategic Agreement to Pursue Data Center Development in West Texas [Yahoo! Finance]Yahoo! Finance
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TPL
Sec Filings
- 12/19/25 - Form 4
- 12/18/25 - Form 4
- 12/17/25 - Form 4
- TPL's page on the SEC website