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1606 Corp. Signs LOI for Potential Transaction Involving Texas Power Plant and Data Center Project
Source: Newswire
M&A & RestructuringEnergy Markets & PricesTechnology & InnovationInfrastructure & Defense
1606 Corp. signed a non-binding letter of intent with Prime Tex to evaluate a potential transaction involving its Lufkin, Texas biomass-power and data-center project. The announcement provides an early indication of strategic interest in the asset, but no transaction terms, valuation, financing details, or closing timeline were disclosed.
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