Digi Power X Inc. announced a strategic partnership with Omnis Pleasants LLC, owner of the Pleasants Power Station in West Virginia.
The partnership aims to support AI and high-performance computing infrastructure with a potential equity exchange and land lease agreement.
Collaboration includes a hydrogen-transition feasibility study for Digi Power X's New York power assets.
Strategic Partnership with Pleasants
Non-binding LOI signed to explore AI infrastructure support and potential equity exchange.
Long-Term Lease Agreement
Proposed lease of 200 acres for deploying AI and computing infrastructure based on a load and interconnection study.
Equity Alignment
Established framework for mutual equity exchange and potential ownership stake in the power plant entity.
- The partnership with Pleasants Power Station presents significant growth opportunities for Digi Power X in the AI and computing sector.
- The collaboration aligns with broader decarbonization initiatives and signals the company's strategic focus on sustainable energy assets.
The strategic partnership with Pleasants marks a pivotal step for Digi Power X in expanding its AI infrastructure capabilities and advancing energy transition initiatives.