Cryptomine firm Satoshi Energy has signed deals to place Bitcoin and AI data centers at wind farm sites in Texas.
The Texas-based company this week announced two commercial agreements to colocate 327MW of flexible data center loads directly with operating wind farms in the ERCOT market in Texas.
Founded in 2018, Satoshi says it has around 2GW of behind-the-meter data center projects under development – all in Texas.
These include the 140MW Stargazer project in Texas in operation; two projects totaling 125MW in development due live by the end of 2024 (known as Orange Roughly and Hammerhead); and five projects totaling 890MW due live next year.
The deals signed this week will see a Bitcoin and artificial intelligence data center colocated with the operating wind generation asset (the Orange Roughly site), and a Bitcoin and AI data center with an operating wind generation asset in the Texas Panhandle (the Hammerhead site); the data center is expected to energize within ten months of first being introduced to the project.
“This project is truly a win-win for all parties involved. And this is not a small win, as the data center will operate for at least the next decade and likely longer. Our world class development team, with the support of great industry partners, developed a novel structure that everyone was excited to execute,” said Brock Petersen, COO of Satoshi Energy.
The company said the deals bring Satoshi Energy’s total to 467MW contracted under definitive agreements; with 70MW operating, 397MW under construction, and an additional 2,000MW under development.
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