NRG Energy, LandBridge Partner to Explore 1,100 MW Data Center Power Site in Reeves County, Texas

NRG Energy Inc. (NYSE:NRG) is one of the most undervalued stocks to buy and hold for 5 years. On September 23, LandBridge Company LLC (NYSE:LB) announced that it has entered into a strategic agreement with NRG Energy regarding a potential data center site in Reeves County, Texas, located in the Delaware Basin.

The collaboration is a significant step in LandBridge’s powered land strategy, highlighting its value to both power generators and digital infrastructure developers. The site is being explored to potentially host a 1,100 MW grid-connected natural gas power generation facility, which NRG could construct if a suitable power purchase agreement is secured with a data center customer.

NRG Energy, LandBridge Partner to Explore 1,100 MW Data Center Power Site in Reeves County, Texas

If the project progresses, initial air permit applications and electric interconnection requests have been submitted for an in-service date as early as year-end 2029. LandBridge’s site is advantageous due to its location adjacent to the Waha Gas market hub, providing direct access to substantial existing low-cost natural gas and transmission infrastructure to support the region and future operations.

NRG Energy Inc. (NYSE:NRG) is an energy and home services company in the US and Canada. It serves residential, commercial, government, industrial, and wholesale customers.

LandBridge Company LLC (NYSE:LB) owns and manages land and resources to support and enhance oil and natural gas development in the US.

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Disclosure: None. This article is originally published at Insider Monkey.