NYSE:LBReal Estate
LandBridge (LB) Is Down 8.1% After 2 GW Alpha Digital Campus Lease Option Announcement
LandBridge Company LLC previously entered into a lease development agreement with PowerBridge LLC for up to approximately 3,400 acres in Reeves County, Texas to host the Alpha Digital Campus, a giga-scale data center campus supported by as much as 2 GW of initial co-located power generation.
The arrangement gives PowerBridge long-term leasing rights and control over key site development milestones, potentially transforming a portion of LandBridge’s Permian footprint into a large,...