Soluna buys remaining 49% stake in Project Dorothy 1B for $8.8 million

Soluna Holdings

Soluna Holdings

SLNH

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  • Soluna bought the remaining 49% equity interest in Project Dorothy 1B from Navitas Global for USD 8.77 million, taking ownership to 100%.
  • The deal closed May 19, 2026, funded with balance sheet cash.
  • Full control of Dorothy 1A and 1B, supported by the owned Briscoe Wind Farm, gives Soluna an unencumbered 50 MW generation-to-compute chain at Project Dorothy 1.
  • The consolidation positions the campus for a potential conversion to AI and high-performance computing workloads, while supporting marketing of the planned Dorothy 3 buildout.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260520858470) on May 20, 2026, and is solely responsible for the information contained therein.

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