Updated Aug 31, 2026
John Belizaire Of Soluna Holdings Acquires 397 Acres Development Site In Briscoe County, TX
Building Size
—
Asset Type
Development Site
Closing
Aug 24, 2026
About this deal
AI
A development site encompassing 397 acres has been acquired in Briscoe County, Texas. This acquisition is pivotal for Soluna Holdings as it secures the land necessary for Project Dorothy 3, which is a planned renewable-powered AI computing campus. The site is strategically located adjacent to Soluna's existing projects and the 150 MW Briscoe Wind Farm, facilitating direct control over the necessary renewable power for their AI infrastructure expansion.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Market: Briscoe County, TX
- Acres: 397.0
- Buyer: John Belizaire
- Buyer's Company: Soluna Holdings
John Belizaire, representing Soluna Holdings, has executed this acquisition to enhance the company’s capabilities within the renewable energy sector. The planned campus aims to achieve a potential capacity of up to 300 megawatts, underscoring Soluna's commitment to expanding its AI computing capacity while leveraging renewable energy resources directly tied to their operations.
Players
Market Development Site Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93