Senmiao proposes USD 5 million partnership with Energence Utah on 100 MW data center campus buildout
AIHS•Development plans and capacity targets
Elio Energy Group will lead development services for the 5,046-acre Energence Utah site in Duchesne County.
The initial two-year target is 100 MW of firm capacity. Longer-term targets include 700 MW by year 4 and up to 1.2 GW by year 6.
Deal remains subject to approvals and closing conditions
The transaction remains subject to due diligence, definitive agreements, required approvals, and closing conditions.
Senmiao signs non-binding letter of intent for Utah data center campus
Senmiao Technology signed a non-binding letter of intent to partner with Energence Power, Energence Utah, and its members on a Utah data center campus.
The proposed transaction calls for a staged USD 5 million development-capital investment into Energence Utah, positioning a shift toward digital infrastructure.
