8-K - Soluna Holdings, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Soluna Holdings, Inc. has closed the acquisition of the 150 MW Briscoe Wind Farm in West Texas for $53.0 million, achieving full vertical integration for Project Dorothy and unlocking a potential 300 MW+ AI campus expansion.

Key Takeaways

1Acquired 150 MW Briscoe Wind Farm in West Texas for a total purchase price of $53.0 million, financed through cash on the balance sheet and debt.

2Projected Year-One Adjusted EBITDA of $6 million to $11 million and annualized revenue of $20.0 million to $24.4 million from the acquisition.

3Achieves full vertical integration for Project Dorothy, owning both the renewable energy source and the data center infrastructure it powers.

4Positions the company to unlock development of Project Dorothy 3, a planned 300 MW+ renewable-powered AI campus expansion on 300 new adjacent acres.

5The acquisition is expected to be immediately accretive and provide immediate and significant cash flow.

Current Report Details

Event Type

Regulation Fd

Exhibits Only

Disclosure

Voluntary

Variant

8-K

Items Reported

7.01

and in Exhibit 99.1 will not be treated as “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subje

Regulation Fd

9.01

. Financial Statements and Exhibits.** **EXHIBIT INDEX** | Exhibit No. | | Description | |---|---|---| | | | | | 99.1 | | Press Release, dated April 2, 2026. |

Exhibits Only

Source Document

Transaction Details

Acquisition / Disposition

Target: 150 MW Briscoe Wind Farm in West Texas
Consideration: $53.0 million
Structure: 100% of the equity interests of the wind farm operating entity

•Closed on April 2, 2026
•Financed through $12.5M debt (Generate Capital) + cash (balance sheet)

Exhibits (2)

8-K

99.1

EX-99.1