Briscoe Wind Farm — 150 MW operating wind, West Texas
Soluna Holdings acquires Briscoe Wind Farm in West Texas for $53M total ($12M debt from Generate Capital plus balance sheet cash). The acquisition enables Soluna to vertically integrate its data center operations with power generation — Briscoe will provide behind-the-meter power to Soluna's co-located AI/crypto data computing facilities (Project Dorothy). First direct ownership of a renewable generation asset for Soluna.
$53M
Deal Value
150MW
Capacity
Wind
Technology
TX
Location
Deal Details
- Deal Type
- Project & Portfolio M&A
- Seller / Sponsor
- Undisclosed
- Buyer / Financier
- Soluna Holdings
- Deal Value
- $53M
- Stage
- Operating
- ISO/RTO
- ERCOT
Capital Structure
$53M
Total transaction value
Debt : Equity24/76
Tranches
- Debt facility · Generate Capital
- $13M
- Cash from balance sheet (equity) · Soluna Holdings
- $41M
Service Providers
Advisory & Legal
- Buyer Counsel
- Norton Rose Fulbright; Lowenstein Sandler
- Lender Counsel
- Vinson & Elkins
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