Dallas-based Texas Pacific Land Corp. said last week it reached agreement with Bolt Data & Energy to develop and enable large-scale data center campuses and supporting infrastructure on TPL land. Eric Schmidt, co-founder and chairman of Manhattan, Kansas-based Bolt, said Dec. 17, “Our goal is to create the largest and most efficient data center company in the world by combining abundant energy production, efficient and scalable data infrastructure, and the largest land expansion runway in North America… TPL’s vast west Texas holdings and their expertise in land, energy, water and regulatory execution makes them a uniquely capable partner.”
Texas Pacific Land Corp. is one of the largest landowners in Texas with about 882,000 acres; a majority of its ownership is in the Permian Basin.
Ty Glover, CEO of Texas Pacific Land, added, “Bolt represents a significant step forward in bringing world-class technology infrastructure to west Texas… We believe west Texas has the attributes necessary to become one of the largest concentrations of AI compute infrastructure globally, and combined with TPL’s ownership of nearly one million acres our collaboration with Bolt is designed to help realize that opportunity.”