LandBridge, NRG Plan Data-Backed Power Hub In Texas
Synopsis
The plan includes a potential 1,100-megawatt natural gas power plant, which NRG may build if it secures a suitable power purchase agreement tied to data center operations.
LandBridge Company LLC (LB) on Tuesday entered into a strategic collaboration with NRG Energy Inc. (NRG) to explore the development of a major data center site in Reeves County, Texas.
The plan includes a potential 1,100-megawatt natural gas power plant, which NRG may build if it secures a suitable power purchase agreement tied to data center operations.
Following the announcement, LandBridge stock traded over 3% higher in Tuesday’s premarket.
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