Exclusive-Alpha Compute to Buy Pennsylvania Land, Gas Rights for $55 Million Data Center Campus, Company Says

Exclusive-Alpha Compute to buy Pennsylvania land, gas rights for $55 million data center campus, company says

NEW YORK, Aug 11 : AI infrastructure company Alpha Compute has signed a binding term sheet to acquire land and natural gas rights in Pennsylvania for $55 million to develop a 200-megawatt data center campus, CEO Brittany Kaiser told Reuters on Tuesday.Surging demand for artificial intelligence computing

PPL-Blackstone joint venture secures 5 GW of gas turbines for data centers in Pennsylvania

Although the PJM Interconnection aims to hold a backstop reliability auction in late September, CEO Vincent Sorgi said he expects bilateral contracting will be the main pathway for adding generation in the region.

More data center proposals keep coming to Pennsylvania. So does the outcry.

A sign opposing a data center project proposed for East Whiteland Township in Chester County on Saturday, May 9, 2026. (Photo by Peter Hall/Capital-Star)Ethan Young is a summer intern for the Pennsylvania Legislative Correspondents Association, and a rising senior at the University of Pennsylvania.  In January, as her curiosity about data centers grew, longtime Pennsylvania environmental activist Karen Feridun turned to Facebook to create a grou…

Alpha Compute Corp (ALP) Stock: Soars 5% as $55M Pennsylvania Deal Targets 1 GW

TLDR ALP stock jumps 5% after Alpha Compute unveils a $55M Pennsylvania deal plan. Pennsylvania project targets 200 MW initially with expansion potential to 1 GW. Alpha Compute plans on-site gas generation to reduce long-term power costs. The deal...

Alpha Compute signs $55M deal for land and gas rights in Pennsylvania to build 200 MW data center campus

Alpha Compute's expansion in Pennsylvania could accelerate AI infrastructure growth, attracting more tech investments and boosting local economies. The post Alpha Compute signs $55M deal for land and gas rights in Pennsylvania to build 200 MW data center campus appeared first on Crypto Briefing.