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LandBridge enters agreement with PowerBridge for development of 2GW campus

LandBridge (LB) Company announced that it has entered into a lease development agreement with PowerBridge providing the option to lease up to 3,400 acres in Reeves County, Texas from LandBridge for a giga-scale data center campus with up to 2 GW of initial co-located power generation under development by PowerBridge and its power partners. The lease development agreement grants PowerBridge the right to further advance site development activities and pursue entitlements for the Alpha Digital Campus and an ability to lease the property on a long-term basis for the development of campus digital infrastructure and associated power solutions to serve data center customers at scale.

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