Blockchain Registration Transaction Record

1606 Corp. Acquires Texas Power Plant for AI Data Center Expansion

1606 Corp. announces $11.7M acquisition of Texas power plant for AI data centers, expanding captive power infrastructure to meet surging demand for reliable energy solutions.

This development matters because it addresses one of the most critical challenges in the AI revolution: power infrastructure. As artificial intelligence workloads explode globally, data centers require unprecedented amounts of reliable electricity, often straining traditional power grids. The move toward behind-the-meter captive power generation represents a fundamental shift in how we power the digital economy, offering solutions to grid congestion, connection delays, and energy security concerns. For investors, this signals growing opportunities in the intersection of energy infrastructure and technology, particularly as the captive power generation market is projected to reach $310.9 billion by 2030. For the broader technology ecosystem, reliable power infrastructure is becoming as crucial as computing hardware itself, determining where and how AI innovation can happen. This acquisition reflects how traditional energy assets are being repurposed for the digital age, creating new investment theses around power-as-a-service for data-intensive operations.