Texas Pacific Land to invest $150m in Bolt Data & Energy.

Texas Pacific Land, a real estate operating company, agreed to invest $150m in Bolt Data & Energy, a data and energy infrastructure company. “Bolt represents a significant step forward in bringing world-class technology infrastructure to West Texas. With unmatched supply of both conventional fuel and renewable power, West Texas is a global leader for energy production. The region also benefits from a skilled workforce, a supportive regulatory environment, available water resources, and a strong entrepreneurial culture. We believe West Texas has the attributes necessary to become one of the largest concentrations of AI compute infrastructure globally, and combined with TPL’s ownership of nearly one million acres, our collaboration with Bolt is designed to help realize that opportunity. Bolt’s leadership, relationships, and proven experience in building transformative technology platforms make them an ideal partner for TPL,” Ty Glover, TPL CEO.