Alpha Compute Signs Binding Term Sheet For Planned 200 MW Natural Gas-Powered Data Center Campus In Pennsylvania

Aug. 11 (Reuters) - Alpha Compute Corp ALP.O:

• Alpha Compute signs a binding term sheet for a planned 200 MW natural gas-powered data center campus in Pennsylvania, with potential expansion to 1 GW.
• Alpha Compute Corp's unit was granted an exclusive option to buy assets for $55 million.
• Alpha Compute Corp said it will offtake 200 MW of data center capacity, with potential expansion to 1 GW.
• Alpha Compute said a northern Pennsylvania county estimates a data center project of this general scale would add $2.08 billion to taxable value and have a $33.40 million annual tax impact to the county.

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