Atlantic HPC Group Inc Acquires Valley Oasis Development LLC, Adding 29 MW of Contracted Power to Platform
Globe Newswire•30/09/2026•07:30 ET
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Key Highlights
- ➤Valley Oasis acquisition adds 29 MW of aggregate contract demand in Tennessee
- ➤Atlantic (APUR) total utility-approved capacity reaches 127 MW across four states
- ➤14.5 MW can use existing infrastructure; remaining 14.5 MW requires transformer upgrades
- ➤Property includes substation-adjacent, heavy-industrial-zoned site suitable for bitcoin mining and AI compute
Expert Statements
Benson Liu, CFO of Atlantic HPC Group Inc.
“This acquisition marks a significant increase to our utility-approved capacity and demonstrates our willingness and ability to grow our footprint through selective strategic acquisitions. We believe this is an exceptional property that benefits from a substation-adjacent location, heavy-industrial zoning and access to TVA-supplied power under standard industrial rate schedules.”
Calvin Kung, CEO of Aperture AC
“We are excited to see Atlantic grow its footprint through selective acquisitions. This Tennessee asset is a strong addition to Atlantic’s portfolio and fits the Company’s strategy of securing power first, and then building out compute and customers. In a grid-constrained environment, a larger portfolio of utility-approved capacity is a competitive advantage. We see this as a positive development as we work toward our Business Combination.”
-Dyersburg, Tennessee-based entity holds utility power contracts for 29 MW of aggregate contract demand and a 1-acre land lease
-Location is substation-adjacent with heavy-industrial zoning suitable for bitcoin mining and high-density AI compute deployments
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