Power Management Firm Lancium Signs $2.4B Data Center Development Deal

Posted on by American Coins & Gold

Power Management Firm Lancium Signs .4B Data Center Development Deal
Lancium, the Houston-based data center power management firm, signed a $2.4 billion development partnership with Taylor County in Texas and the city of Abilene to build a large-scale, renewable energy-powered data center.Lancium will build the facility, which will focus on bitcoin mining and other energy-intensive applications, in the north central Texas city, starting in the first quarter of 2022, according to a press release.“We chose Abilene for our second Clean Campus because of its ideal location, proximity to abundant wind and solar generation, high-quality workforce and the opportunities to grow in the future,” Lancium CEO Michael McNamara said.The data center…