Alpha Compute has signed a binding term sheet to develop a 200 MW natural gas-powered data center campus in Pennsylvania
Alpha Compute Corp., a technology company focused on AI confidential compute and GPU services, announced on August 11, 2026, that it has entered into a Binding Term Sheet for the acquisition of mineral, surface and pore-space assets in northern Pennsylvania and the offtake of power and data center capacity from the resulting planned campus. The company's subsidiary, Alpha Compute Management, LLC, holds an exclusive option to acquire the assets at a base purchase price of fifty-five million dollars. A three million dollar deposit becomes payable following execution of a definitive Property Purchase Agreement and will be credited against the cash balance due at closing. The company will serve as offtaker for the planned initial 200 megawatts of capacity, with potential expansion to one gigawatt, subject to diligence, permits, financing and definitive agreements.
The property includes unleased Marcellus gas rights for approximately 1,800 oil and gas mineral acres carrying a 100 percent net revenue interest, subject to title confirmation. The assets also encompass surface and pore-space properties in Northern Pennsylvania held for future development. This is a greenfield project with no existing operational power or data center capacity at the site. The development team is working with financing partners to acquire and develop the property through special purpose vehicles and joint ventures with leading energy and development organizations operating in the region.
The project design calls for electricity and fuel to originate on the same property. Third-party evaluation concluded that Marcellus gas production could supply 200 megawatts of continuous generation for ten years at an all-inclusive delivered cost of approximately $0.0585 per kilowatt-hour, including capital and operating costs for drilling, gathering and turbine generation. This is meaningfully below prevailing PJM commercial and industrial rates of roughly $0.08 to $0.10 per kilowatt-hour. The development plan contemplates twelve Marcellus wells with average lateral lengths of approximately 13,000 feet, drilled from two new pads on the southeastern edge of the mineral block. Multiple high-pressure interstate natural gas transmission lines run adjacent to the acreage, potentially providing redundant fuel supply and routes to expand capacity beyond one gigawatt. A 115 kilovolt transmission line and nearby substations offer optional grid interconnection.
Site evaluation identified an 80-acre high, flat plateau suitable for initial development with ground characterized by interbedded siltstones, sandstones and shales, with no identified geohazards such as faults or sinkholes. Environmental screening found no threatened or endangered species in state databases, though federal species of concern have been flagged for further evaluation during permitting. Three small wetlands have been identified for avoidance or permitted relocation.
The campus would generate power behind the meter from gas produced on-site and place no new draw on the regional grid. The company is evaluating carbon dioxide sequestration in deep formations beneath the site. The design incorporates closed-loop cooling that recirculates water, sound levels held to 57 decibels at property lines, full-cutoff lighting, low-reflective earth-tone buildings set behind berms and native plantings, riparian buffers along streams, and a funded decommissioning plan from day one. Planned buildings feature barn-style exteriors intended to fit the surrounding agricultural landscape.
Chief Executive Officer Brittany Kaiser stated that the initiative unites domestic energy production and sovereign power generation with secure, confidential infrastructure on Pennsylvania soil. Executive Chairman and President Enzo Villani noted that controlling the computational layer requires ownership of underlying infrastructure and fuel sources, and that behind-the-meter generation at approximately $0.0585 per kilowatt-hour is intended to transform energy from an operational expense into a strategic asset.
Any development will require approval by the County Planning Commission and Board of Commissioners, including environmental and community impact analyses, environmental impact assessment, water feasibility study, coordination with county emergency services, and applicable permitting from the Pennsylvania Department of Environmental Protection and the Susquehanna River Basin Commission.