Dec 18, 2025 | Posted by Abdul-Rahman Oladimeji
Texas Pacific Land Corporation (TPL) has partnered with Bolt Data & Energy to develop data center campuses across TPL-owned land. As part of the deal, Bolt raised $150 million in capital, including $50m from TPL. In return, TPL will receive equity interest, warrants, and a right of first refusal to supply water to Bolt-affiliated projects and related infrastructure.
“Our goal is to create the largest and most efficient data center company in the world by combining abundant energy production, efficient and scalable data infrastructure, and the largest land expansion runway in North America," said Eric Schmidt, chairman of Bolt.
“Bolt represents a significant step forward in bringing world-class technology infrastructure to West Texas,” said Ty Glover, CEO of TPL. “With an unmatched supply of both conventional fuel and renewable power, West Texas is a global leader for energy production."
"The region also benefits from a skilled workforce, a supportive regulatory environment, available water resources, and a strong entrepreneurial culture. We believe West Texas has the attributes necessary to become one of the largest concentrations of AI compute infrastructure globally.”
