---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-006973"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T09:01:03.700028+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Soluna signs power agreements for Texas Project Dorothy; energization expected April 2023

## Summary
- Agreements with Briscoe Wind Farm, LHEC, GSEC for 50 MW initial phases (150 MW total) of Dorothy data center.
- Substation interconnect due by March 24; ERCOT approval pending before energization first week of April.
- PPA solves wind farm curtailment and allows grid ancillary services when strained.
- Initial Retail Agreement term 5 years; Lease for property in Briscoe County, TX also 5 years.
- CEO says model can be replicated across pipeline; no financial terms disclosed in filing.

## SEC filing metadata
- accession: 0001493152-23-006973
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/0001493152-23-006973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-006973
- JSON: https://secwatch.observer/filing/0001493152-23-006973.json
- Plain text: https://secwatch.observer/filing/0001493152-23-006973.txt

## Key facts
- Material Agreements
  Soluna Holdings, Inc entered into Lease Agreement with Alice Fay Grabbe (effective 2023-02-24).
  - Action: entry
  - Agreement: lease
  - Counterparty: Alice Fay Grabbe
  - Effective: 2023-02-24
  source text: On the Effective Date, ServeCo and Alice Fay Grabbe (“ Owner ”) entered into a Lease Agreement (the “ Lease ”) to lease certain real property located in Briscoe County, Texas for the Dorothy Facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/0001493152-23-006973-index.htm
- Material Agreements
  Soluna Holdings, Inc entered into Cooperation Agreement with Briscoe Wind Farm, LLC (effective 2023-02-24).
  - Action: entry
  - Counterparty: Briscoe Wind Farm, LLC
  - Effective: 2023-02-24
  source text: ServeCo and Briscoe also entered into a Cooperation Agreement (the “ Cooperation Agreement ”), pursuant to which Briscoe and ServeCo agreed to certain rights, obligations, and restrictions with respect to the real property of the Dorothy Facility and the construction, interconnection, permitting, operation, maintenance, removal, and decommissioning of the Dorothy Facility and applicable credit support.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/0001493152-23-006973-index.htm
- Material Agreements
  Soluna Holdings, Inc entered into Agreement for Electric Service to Soluna DV Services, LLC with Lighthouse Electric Cooperative, Inc. (effective 2023-02-24).
  - Action: entry
  - Counterparty: Lighthouse Electric Cooperative, Inc.
  - Effective: 2023-02-24
  source text: ServeCo and LHEC entered into an Agreement for Electric Service to Soluna DV Services, LLC (the “ Retail Agreement ”) for resale of energy supplied from the Briscoe Wind Farm and the ERCOT market delivered by GSEC for service to the energy load of the Dorothy Facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/0001493152-23-006973-index.htm
- Material Agreements
  Soluna Holdings, Inc entered into Performance and Net Energy Security Agreement with Briscoe Wind Farm, LLC, Golden Spread Electric Cooperative, Inc., Lighthouse Electric Cooperative, Inc. (effective 2023-02-24).
  - Action: entry
  - Counterparty: Briscoe Wind Farm, LLC, Golden Spread Electric Cooperative, Inc., Lighthouse Electric Cooperative, Inc.
  - Effective: 2023-02-24
  source text: ServeCo, Briscoe, LHEC, and GSEC also entered into a Performance and Net Energy Security Agreement (the “ PSA ”), pursuant to which ServeCo will provide certain credit support to LHEC in connection with its obligations under the Retail Agreement and the other transaction agreements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315223006973/0001493152-23-006973-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.