Jericho Energy Ventures publishes corporate presentation on power-first AI data center development strategy

  • Jericho Energy Ventures reframed its strategy as an AI data-center developer built around a vertically integrated energy foundation.
  • Flagship Black Bear Campus in central Oklahoma targets a 2 GW+ pathway across a roughly 10,000-acre platform with on-site 345 kV transmission.
  • Development plan outlines phased IT capacity scaling from 50 MW to 400 MW, with illustrative annual revenue of $947 million at 400 MW.
  • Presentation highlights a joint venture with Comstock, including an initial equity investment of about $1.5 million for roughly 7% ownership.
  • Company cites a target power cost of about 5.0¢/kWh, positioning power availability as the main constraint in AI data-center buildouts.


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