CleanSpark Expands Texas Footprint with Major Power Acquisition Near Houston to Support Scaled AI and HPC Development

Core Viewpoint - CleanSpark, Inc. has announced a definitive agreement to acquire up to 447 acres of land in Brazoria County, Texas, along with a long-term transmission facilities extension agreement, enabling the development of a large-scale data center project with a demand load of 300 MW and potential expansion capacity to 600 MW [1][2]. Group 1: Acquisition Details - The acquisition represents CleanSpark's second strategic initiative in the ERCOT's greater Houston region, following a previous project in Austin County, establishing a regional power and infrastructure hub with over 890 MW of aggregate potential utility capacity [2]. - The new site is intended to support the development of large-scale, next-generation data center campuses designed for artificial intelligence and high-performance computing workloads [2]. Group 2: Management Insights - The CEO of CleanSpark emphasized the accelerating demand for AI-native compute and the importance of access to transmission-level power in strategically advantageous regions, highlighting the company's ability to secure high-quality power at scale [3]. - The Senior Vice President of AI Data Centers noted that the addition of this capacity is critical for customers planning large, multi-campus deployments, bringing CleanSpark closer to a total potential capacity of nearly 1 GW in the Houston area [3]. Group 3: Company Overview - CleanSpark is recognized as a market-leading data center developer with a portfolio exceeding 1.4 GW of power, land, and data centers across the United States, leveraging competitive energy prices to optimize infrastructure and deliver superior returns to shareholders [4].