LandBridge Announces Strategic Agreement with NRG to Power Potential Data Center in the Delaware Basin, Texas
Site could host a natural gas-powered plant to provide scaled power solutions for a data center development
The site could potentially house a 1,100 MW, grid-connected natural gas power generation facility, which NRG could construct if an appropriate power purchase agreement for a data center is secured. Initial air permit applications and electric interconnection requests have been submitted, which would allow for an in-service date as early as year-end 2029, if the project moves forward.
LandBridge’s strategically located surface acreage, adjacent to the Waha Gas market hub, provides direct access to substantial existing low-cost natural gas and transmission infrastructure, supporting regional development and future operations.
“NRG’s selection of this site for potential development of critical power generation supported by a data center project marks an exciting step forward for both LandBridge and the entire Delaware Basin,” said Jason Long, Chief Executive Officer of LandBridge. “The collaboration further advances our powered land strategy and highlights the compelling value that LandBridge offers to blue-chip power generators, and to developers of digital infrastructure, particularly data centers.”
“We are pleased to explore bringing reliable energy solutions to West Texas,” said Robert J. Gaudette, Executive Vice President, President of NRG Business and Wholesale Operations. “Once anchored by a long-term customer, the site has the potential to foster innovation and support data center growth, economic resilience, and grid stability in the region.”
About LandBridge
LandBridge owns approximately 277,000 surface acres across
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on LandBridge’s beliefs, as well as assumptions made by, and information currently available to, LandBridge, and therefore involve risks and uncertainties that are difficult to predict, including the possibility that the lease option will not be exercised and that the project will not be developed. Forward-looking statements include any statements that are not historical facts. You should not place undue reliance on forward-looking statements. Although LandBridge believes that plans, intentions and expectations reflected in or suggested by any forward-looking statements made herein are reasonable, actual results may vary materially and adversely from those envisaged in this news release due to a number of factors, including those risks more fully discussed in LandBridge's filings with the SEC, including its most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. You can access LandBridge’s filings with the SEC through the SEC's website at http://www.sec.gov. Except as required by applicable law, LandBridge undertakes no obligation to update any forward-looking statements or other statements herein for revisions or changes after this communication is made.
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Scott McNeely
Chief Financial Officer
LandBridge Company LLC
Contact@LandBridgeco.com
Mae Herrington
Director, Investor Relations
LandBridge Company LLC
ir@LandBridgeco.com
Media
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Source: LandBridge Company LLC