1606 Corp. and EthosEnergy O&M Execute LOI for Operations and Maintenance of Lufkin Power Facility For Data Centers
1606 Corp. executed a letter of intent with EthosEnergy O&M covering planned operations and maintenance of its approximately 55 MW Lufkin, Texas power facility, which the company is evaluating for behind-the-meter power supporting AI, high-performance computing, and data center applications. EthosEnergy O&M, a Brown and Root Industrial Services company, has experience managing more than 200 power-generation facilities and roughly 30 GW of capacity under management; if 1606 completes its acquisition of the Lufkin project, the parties will negotiate exclusively toward a definitive O&M agreement.
Key figures
- Site acres
- 132
- Loi binding
- No
- Facility capacity mw
- 55
- Eeom gw under management
- circa 30 GW
- Eeom facilities experience
- more than 200 power-generation facilities, more than 50 GW of generating capacity
- Acquisition closing deadline
- no later than October 31, 2026
AI analysis
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