Lowenstein Sandler LLP advised Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers that converts renewable energy into computing power, in the acquisition of the 150 MW Briscoe Wind Farm in West Texas for a total purchase price of $53 million. The transaction was financed through cash on the balance sheet and debt.
Soluna designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications.
In July 2025, Lowenstein represented Soluna in its pricing of a public offering.
The Lowenstein team included Steven E. Siesser, Daniel L. Forman. Nathaniel A. Perle, and Lauren E. Russo.