Alpha Compute’s 2nd PA Data Center Site Comes with 75 Oil Wells
Alpha Compute Corp. (Nasdaq: ALP), the tiny AI outfit that wants to build a 200 MW gas-fired data center in Tioga County (see MDN Was Right: Alpha Compute Data Center Is in Tioga County), is now buying an old-fashioned oil field somewhere else in Pennsylvania. Yesterday (Sept. 22), the company said it signed "definitive real estate and asset purchase agreements" to buy 300+ acres, 75+ existing oil and gas wells, pump jacks, a maintenance shop, heavy equipment, and gathering lines, all for $5.5 million. It plans to put a second data center on the site. What the company did NOT say: where the property is, or who's selling it. And some of the numbers in the release are, let's say, ambitious.To view this content, log into your member account. (Not a member? Join Today!)