Soluna Holdings Inc. filed an amended Form 8-K/A detailing its acquisition of Briscoe Wind Farm, LLC. The total cash consideration reached approximately $55.9 million. This figure includes the settlement of pre-existing obligations.
The Briscoe project operates a 150 MW wind farm in Texas. For the year 2025, the facility generated approximately $8.95 million in revenue. The asset reported a net loss of about $14.77 million during that period.
Soluna intends to integrate this power generation with its data center operations. The acquired asset is currently operating at a loss.