1606 Corp taps MDM Group to market planned Lufkin 55 MW powered-site acquisition to AI data center buyers

Reuters2026/08/11 12:04

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1606 Corp. hired MDM Group to market its planned acquisition of a 132-acre East Texas power campus near Lufkin to AI infrastructure buyers.
Site includes about 55 MW of behind-the-meter generation, with an existing industrial facility positioned for accelerated AI and HPC deployment.
MDM will target buyers, capacity off-takers, joint venture partners; engagement is success-fee-only with no retainer.
Purchase and sale agreement for the Lufkin facility runs through Oct. 31, 2026, extending time for financing and due diligence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 1606 Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004844), on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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1606 Corp taps MDM Group to market planned Lufkin 55 MW powered-site acquisition to AI data center buyers

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