Diversified Energy Rumored to Plan E. Kentucky Power Plant for AI

Diversified Energy and real estate firm Maverick Holdings have secured an option on 100 acres at Letcher County's Gateway Industrial Park near Jenkins, aiming to use an existing natural gas compressor station to fuel an off-grid, 100-megawatt power plant that could attract data centers or manufacturers. The Appalachian Industrial Development Authority signed an 18-month joint development agreement in March, though some board members were asked to sign NDAs. Local officials remain cautiously optimistic, citing potential tax revenue and infrastructure funding, but stress the project is still in early, unproven stages.

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