LandBridge Signs Lease Development Agreement With PowerBridge To Lease Up To ~3,400 Acres In Texas For Data Center Campus

LandBridge Company LLC (NYSE: LB) has signed a lease development agreement with PowerBridge LLC to lease approximately 3,400 acres in Reeves County, Texas, for a giga-scale data center campus. This campus, known as the Alpha Digital Campus, will feature up to 2 GW of initial co-located power generation. The agreement allows PowerBridge to advance site development activities and pursue entitlements for the project, enabling long-term leasing for digital infrastructure and power solutions.