Alpha Compute secures binding term sheet for PA data center, initial 200 MW
Alpha Compute announced a binding term sheet to acquire PA mineral assets and secure off-take for a planned data center campus starting at 200 MW, with expansion to 1 GW. The project leverages on-site Marcellus gas, delivering an all-in cost of about 0.0585 per kWh, well below PJM rates, and will be financed via non-dilutive SPV structures. If approvals and financing close, this could meaningfully augment ALP's asset base and cost structure over time.
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