CBDW news

1606 Corp. executed a Letter of Intent with EthosEnergy O&M to manage the Lufkin facility. The deal will support the planned acquisition and operations of a 55 MW data center power plant, a key asset for the company's AI infrastructure strategy.

1606 Corp. is advancing its biomass power facility in Lufkin by engaging MDM Group to market the site. Simultaneously, the company has initiated operational workstreams to recommission the plant, aiming to secure data center power demands.

1606 Corp executed a Third Amendment to its Purchase and Sale Agreement with Jefferson Enterprise Energy, LLC, extending the acquisition closing deadline while maintaining financing discussions with multiple institutional investors and energy-focused groups. The company is advancing engineering revi…