Big Digital Energy, Inc. (BGDE) has completed the acquisition of a site in Hood County, Texas, marking a concrete step in its strategy to build a large-scale AI datacenter campus.

The company announced the closing on July 20, 2026, alongside partner 10NetZero, confirming the transaction that was initially agreed upon earlier in the month.

The acquired property is slated to host a facility with a potential capacity of up to 300 megawatts.

This development aligns with the broader industry push to secure land and power infrastructure for artificial intelligence workloads, particularly in regions with robust grid access like Texas.

For BGDE, moving from announcement to closing reduces near-term uncertainty regarding land acquisition but shifts the focus to construction timelines and capital deployment.

Handelsavisen’s own analysis assigns Big Digital Energy a composite score of 34.58/100, reflecting significant execution and financial risks associated with its aggressive expansion plans.