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Against the backdrop of data center development running through Texas, power delivery timelines are now a deal-structuring variable, embedded in payment mechanics rather than treated as a scheduling detail.
(NYSE American: AIB), a New York-based emerging growth company, completed the acquisition of approximately 29.385 acres in Texas on September 11, 2026, paying aggregate consideration of roughly $17,225,400 under two interdependent agreements signed one week earlier, on September 4.
The two adjacent parcels carry different power profiles and, accordingly, different payment mechanics. Property A, approximately 5.00 acres, was acquired for $8,250,000 in cash at closing.
It comes with an existing Facilities Extension Agreement with a local utility providing 15 MW of primary electric service.
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