Big Digital Energy formed a 50/50 joint venture with 10NetZero to acquire and develop a datacenter campus in Hood County, Texas. The JV closed on 30 acres for about $10 million with an option to buy the remainder for $600,000, targeting an expansion from 17 MW to a potential 111 MW of grid power, pending ERCOT validation, and up to 300 MW with behind-the-meter generation. To fund part of 10NetZero’s capital contribution, Big Digital Energy provided a $4.9 million loan due October 13, 2026, with ownership transfer mechanics if unpaid. An interim management agreement gives Big Digital Energy sole control of the JV until the loan is repaid.
Agreement 1: Big Digital Energy and 10NetZero Form Texas Load House Joint Venture
- Agreement type: Operating agreement for joint venture
- Counterparty: 10NetZero
- Signed / Effective: Jul 14 2026 / same
- Duration / Termination: At will
- Reason: Develop scalable Texas datacenter site with significant power potential
Agreement 2: Big Digital Energy Provides $4.9 Million JV Loan to 10NetZero, Due Oct. 13, 2026
- Agreement type: Loan and security agreement for partner financing
- Counterparty: 10NetZero
- Signed / Effective: Jul 14 2026 / same
- Duration / Termination: Through Oct 13 2026
- Reason: Support partner’s capital contribution to close site acquisition
Agreement 3: Interim Management Pact Makes Big Digital Energy Sole Manager of Texas Load House
- Agreement type: Side agreement governing interim management of joint venture
- Counterparty: 10NetZero
- Signed / Effective: Jul 15 2026 / same
- Duration / Termination: Until JV Loan repaid in full
- Reason: Ensure execution control during early-stage buildout and financing period
Agreement 4: JV Acquires 30 Acres of Hood County Site for $10 Million With Option on Remainder
- Agreement type: Real estate purchase agreement for 30-acre site
- Counterparty: Century Oaks Independence Farms
- Signed / Effective: Jul 15 2026 / same
- Reason: Secure strategic datacenter footprint in power-rich Texas location
Original SEC Filing:
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