EnergyDeal
Energization payments of $100,000.00 per megawatt, capped at $100,000,000, are due to seller on AEP substation energization
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.
- Size
- $100 mn
- Place
- Matagorda County, Texas
- Companies
- AEP, HIF USA LLC, Volt Texas LLC
- Source
- MARA Holdings, Inc. 10-Q, filed Nov 9, 2026
- Published here
This fact was extracted from the source above and checked automatically: every number and company named here appears in it. Read the original before relying on it.