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
0
Key Highlights
- ➤Atlantic HPC Group (APUR) acquired Valley Oasis Development LLC, adding 29 MW of contracted power.
- ➤Atlantic’s utility-approved capacity rises to 127 MW across five states.
- ➤14.5 MW can use existing infrastructure; remaining 14.5 MW requires transformer upgrades.
- ➤Dyersburg site includes one-acre lease and substation-adjacent heavy-industrial zoning.
- ➤Atlantic completed the acquisition on September 23, 2026.
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, Chief Executive Officer 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
Get started
Create a free account to read the full story.