AUSTIN—March 6, 2025—O’Melveny advised data center developer and operator Soluna Holdings, Inc. on a power purchase agreement with EDF Renewables North America and Abu Dhabi Future Energy Company – Masdar, co-owners of the Las Majadas Wind Project.
Under the terms of the agreement, Soluna will purchase up to 166 megawatts of energy from the Las Majadas Wind Project behind-the-meter to power a Soluna data center to be built near the wind project’s substation.
Soluna’s co-location strategy allows it sustainably scale energy-intensive computing operations for a wide range of applications. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources.
The O’Melveny team advising Soluna was led by partner and Austin office managing partner Katie Coleman, partner Phillip Oldham, and counsel Brooke Alger.
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