Z Squared signs deal to acquire Paradox Data’s Union County campus in Arkansas
ZSQR•Deal to acquire Union County campus
Z Squared signed a definitive agreement on July 31 to acquire Paradox Data and its Union County campus in El Dorado, Arkansas.
- The site runs about 8 MW of energized capacity and targets a 50 MW utility interconnection, with a longer-term objective of up to 150 MW.
- Consideration is entirely in stock: USD 5 million of Series A convertible preferred at closing, with up to USD 20 million tied to power milestones.
- The transaction underpins a Phase 1 target of 100 MW of AI-ready capacity across multiple US sites.
