Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) has taken another step toward building out large-scale artificial intelligence and high-performance computing infrastructure after signing a non-binding letter of intent with Omnis Pleasants LLC, owner of the 1.3-gigawatt Pleasants Power Station in West Virginia.
Under the proposed partnership, the companies plan to carry out a comprehensive load and interconnection study of up to 1.3GW, assessing long-term power availability and grid connectivity to support energy-intensive AI and advanced computing operations.
The study is expected to begin within the next 30 days, according to a statement from Digi Power X.
The LOI also outlines a potential long-term lease of up to 200 acres of land at the Pleasants site, which would allow Digi Power X to deploy its proprietary ARMS modular Tier III data centre platform at scale. In parallel, the framework includes the possibility of equity alignment between the two parties, including a mutual equity exchange and a pathway for Digi Power X to acquire more than a 10% ownership stake in the power plant entity, subject to valuation, financing, definitive agreements and regulatory approvals.
CEO Michel Amar said the proposed partnership aligns with Digi Power X’s strategy of pairing large, grid-connected power assets with next-generation computing infrastructure. “Pleasants offers the scale, land availability and electrical infrastructure required to support AI and high-performance computing at meaningful, long-term levels,” he said.
Separately, the companies intend to collaborate on a hydrogen-transition feasibility study for Digi Power X’s New York power assets, supporting broader decarbonisation and energy-transition objectives.