BRIEF

on AXP Energy Limited (isin : AU0000162950)

AXP Energy Partners with Blackhart Technologies for Gas-to-Power in Data Centers

AXP Energy Limited has formed a strategic partnership with Blackhart Technologies Limited to provide gas-to-power services for data center operations at its Pathfinder Field in Colorado. This agreement leverages AXP's stranded natural gas resources, aiming to transform them into electricity to power modular data centers operated by Blackhart.

The initial phase includes two modular data centers at the Pathfinder #2 well site, expected to commence operations this month. These centers will utilize gas from nearby wells, with potential expansion to additional sites dependent on initial success.

This collaboration aligns with AXP's goal to repurpose stranded gas for high-performance computing needs, ensuring a sustainable energy source for data centers. AXP will handle gas supply and infrastructure, while Blackhart focuses on data processing equipment and maintenance.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all AXP Energy Limited news