Soluna has closed the acquisition of the remaining equity interest in its Project Dorothy 1B from Navitas Global for a reported $8.8 million.
Following the close, Soluna will have complete ownership of the 25MW data center located in Silverton, Texas.
– Soluna
The acquisition now means that Soluna owns the entirety of its Project Dorothy data center project, having closed the acquisition of Dorothy 1A, a 25MW facility adjacent to 1B earlier this year. The data centers are powered by the 150MW Briscoe onshore wind farm, which the company acquired in April. The company is planning a further data center, dubbed Dorothy 3, at the site.
“Completing the acquisition of Dorothy 1 is an important step in our broader roadmap toward building Dorothy 3 for AI and high-performance computing,” said John Belizaire, CEO of Soluna. “We can now decide when and how we convert, bring in the right partners on our terms, and present Dorothy 3 to AI customers as a fully controlled, powered campus.”
