NYSE:TPLOil and Gas
Should TPL’s $50M West Texas Data Center Pivot Reshape Texas Pacific Land (TPL) Investors’ Strategy?
Texas Pacific Land recently outlined its earlier-announced plan to partner with Bolt Data & Energy to build large-scale data center campuses on its West Texas acreage, backed by a US$50,000,000 investment and rights linked to water supply.
This move marks a clear shift for the historically land- and royalty-focused company toward digital infrastructure, adding equity, warrants, and utility-related exposure to its business mix.
We’ll now examine how this move into large-scale data centers and...