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Soluna Acquires Full Ownership of Project Dorothy 1B, Completing Equity Consolidation of Dorothy 1 Campus

$SLNHPress releaseMay 20, 2026, 7:30 AM ETRead the release

Soluna Holdings acquired the remaining 49% equity interest in Project Dorothy 1B from Navitas Global for approximately $8.8 million, achieving 100% ownership of the asset. This transaction completes the equity consolidation of the Dorothy 1 campus, combining the 50 MW data center with the 150 MW Briscoe Wind Farm acquired earlier this year for $53 million.

Key figures

Deal Value Usd
8765490
D1a acquisition value
16500000
Dorothy 1 capacity mw
50
Briscoe wind capacity mw
150
Total pipeline capacity gw
4.3
Briscoe wind acquisition value
53000000
Projects in dev construction ops gw
1

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