NeoCapCompaniesValuationsScenariosMetrics
Log inSign up
← CleanSpark
Wed, Oct 29, 2025

CleanSpark enters Texas with Greater Houston land and power acquisition

Source document ↗

Key points

  • Acquired rights to approximately 271 acres of land in Austin County, Texas, in the Greater Houston area
  • Executed long-term power supply agreements totaling 285 MW to support a next-generation AI data center campus
  • Transactions increase power under contract by 28%; consideration was cash plus common stock at closing, with additional cash payable on post-closing events
  • Substation construction plan underway with long lead time items secured; site design and development to begin immediately
  • Energization of more than 200 MW expected in the first half of 2027

Site update

SiteStatusActiveIn buildTheoretical
SealyAustin County, TX

~271 acres, 285MW of long-term power supply agreements; energization of 200+MW expected H1 2027; part of Texas portfolio under LOI/exclusivity with Sandersville tenant

Under construction0 MW—285 MWgross