PartnershipAug 11, 2026, 08:10 AM
1606 Corp. Partners with MDM Group for Lufkin AI Power Campus
AI Summary
1606 Corp. announced a strategic agreement with MDM Group LLC to market its planned 132-acre East Texas (Lufkin) power campus. The campus, featuring approximately 55 MW of behind-the-meter generation, is being positioned for AI data center development. MDM Group will assist in identifying and introducing prospective buyers, long-term capacity off-takers, and joint venture partners for the site, operating on a success-fee-only basis.
Key Highlights
- 1606 Corp. entered a strategic agreement with MDM Group LLC.
- MDM Group will market 1606 Corp.'s 132-acre East Texas (Lufkin) power campus.
- The campus features approximately 55 MW of behind-the-meter generation.
- MDM Group will identify prospective buyers, off-takers, and joint venture partners for AI infrastructure.
- The engagement is structured as a success-fee-only arrangement.
- The Purchase and Sale Agreement for the Lufkin facility extends through October 31, 2026.
Price Impact
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