CalEthos options 315 acres in Lithium Valley for $5M data center campus, drops prior site

CalEthos, Inc.

Signed option agreement on July 22, 2024, to purchase 315 acres for $5M in Imperial County, CA; initial one-year term, extendable six months.
Terminated prior option for 80-acre parcel on July 24, citing better suitability of new site.
First development phase planned as 100-acre/420-MW campus with up to 1M sq ft of clean-energy-powered data centers.
Company cites larger industrial zoning, high-voltage transmission access, proximity to geothermal plants, and lower flood risk.
Press release includes supportive statements from Imperial County, IID, and IVEDC highlighting economic and energy benefits.

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