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A geothermal lease parcel in New Mexico sold for a record $701 per acre as bidder competition intensifies for federal renewable energy leases.
Geothermal power scarcity drives record lease valuations; validates energy density advantage for AI data center clusters in power-constrained regions.
Trade pressSlicast · August 13, 2026 at 18:16 UTC · Global · Source: Utility Dive
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