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ComputeDeal

Volt Texas LLC agrees to buy HIF USA LLC's SPE owning rights to 1,177 acres and AEP load agreement in Matagorda County, Texas

Membership Interest Purchase Agreement dated July 2, 2026 transfers an SPE holding land purchase contracts and an AEP LOA for a data center project site. MARA USA Corporation is guarantor; the buyer must attest it is the user of the full 2,000 megawatts of power capacity.

Size
1,177 acres
Place
Matagorda County, Texas
Companies
AEP, HIF USA LLC, MARA USA Corporation, Volt Texas LLC
Source
MARA Holdings, Inc. 10-Q, filed Nov 9, 2026
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Energy Deal

Energization payments of $100,000.00 per megawatt, capped at $100,000,000, are due to seller on AEP substation energization

$100 mn

Milestone 2 pays $100,000.00 per megawatt of power available in each Energization, up to $100,000,000 in aggregate, with payment due once accrued amounts reach $5,000,000.00. Energization refers to AEP authorizing the on-site transmission substation to receive power.

AEPHIF USA LLCVolt Texas LLC Source: MARA Holdings, Inc. 10-Q, filed Nov 9, 2026