Empery Digital agrees to invest $65 million for 25% stake in 150 MW Midwest AI data center deal - EMPD News | RalliesEmpery Digital agrees to invest $65 million for 25% stake in 150 MW Midwest AI data center deal
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EMPD• Empery Digital agrees to invest in Midwest AI data center deal
- Empery Digital agreed to invest USD 65 million for a 25% stake in the buyer of a 150 MW Midwest facility.
- The transaction is expected to close in Q3 2026; the site is slated for conversion into an AI data center under a triple net lease.
- The facility is projected to generate up to USD 2 billion in lease payments; a 25% share implies more than USD 440 million in cash flow.
- Lease payments are expected to start in early 2027.