other material
confidence high
sentiment positive
materiality 0.70
Digi Power X signs non-binding LOI with Omnis Pleasants for 1.3 GW power plant AI partnership
Digi Power X Inc.
- LOI with Omnis Pleasants LLC to partner on AI/HPC infrastructure using 1.3 GW Pleasants Power Station in West Virginia.
- Plans load/interconnection study of up to 1.3 GW and long-term lease of up to 200 acres for ARMS modular Tier III data center.
- Framework includes mutual equity exchange and option for Digi Power X to acquire >10% equity stake in the power plant.
- Parties intend to collaborate on hydrogen-transition feasibility study for Digi Power X's New York power assets.
- Load study to start within 30 days; definitive agreements targeted within ~90 days subject to conditions.