“`html
Texas Pacific Land and Bolt Data & Energy Partner to Build AI Data Center Campuses in West Texas
Table of Contents
Texas Pacific Land Corporation (NYSE: TPL) and Bolt Data & Energy, Inc. announced a strategic agreement on december 17, 2025, to develop large-scale data center campuses and supporting infrastructure across nearly one million acres of land owned by TPL in West Texas. The partnership aims to capitalize on the region’s abundant energy resources and position it as a leading hub for artificial intelligence (AI) compute infrastructure.
Fueling the Fourth Industrial Revolution
The collaboration brings together the land and energy expertise of Texas Pacific Land with the data infrastructure vision of Bolt Data & energy, a company co-founded and chaired by former Google CEO Eric Schmidt. According to a company release, Bolt’s goal is to establish “the largest and most efficient data center company in the world” by integrating energy production, scalable data infrastructure, and expansive land resources.
“By partnering with TPL, Bolt will fuel the Fourth Industrial Revolution and protect and augment American leadership in artificial intelligence,” Schmidt stated.
$150 Million Investment and Strategic Equity
To facilitate the project, Bolt secured $150 million in capital, with a $50 million investment from Texas Pacific Land.As part of the agreement, TPL will receive an equity interest in bolt, warrants, and a right of first refusal to supply water for Bolt’s data center projects. Bolt is actively seeking commercial partnerships and anchor customers to drive the advancement of these large-scale facilities.
Schmidt emphasized the importance of reliable power for data centers, noting Bolt’s focus on a diversified energy portfolio including natural gas, renewable sources, and ultimately, nuclear power. “TPL’s vast West Texas holdings and their expertise in land, energy, water, and regulatory execution makes them a uniquely capable partner,” he added.
West Texas: An Ideal Location for AI Infrastructure
Texas Pacific Land CEO Ty Glover highlighted the advantages of West Texas as a prime location for AI compute infrastructure. “With unmatched supply of both conventional fuel and renewable power, West Texas is a global leader for energy production,” Glover said. He further noted the region’s skilled workforce, supportive regulatory environment, available water resources, and strong entrepreneurial culture.
Glover believes that the combination of TPL’s land ownership – approximately 882,000 acres concentrated in the permian Basin – and Bolt’s expertise will help realize the opportunity to establish West Texas as a major concentration of AI infrastructure. “Bolt’s leadership, relationships, and proven experience in building transformative technology platforms make them an ideal partner for TPL,” he explained.
Texas Pacific Land: Beyond Oil and Gas
Texas Pacific Land Corporation is a important landowner in Texas, deriving revenue not from oil and gas production itself, but from surface and royalty ownership. The company generates income through various avenues, including land usage fees, sales of construction materials like caliche, water sourcing and disposal services, oil and gas royalties, and easements for pipelines and power lines. The partnership with Bolt represents a diversification of revenue streams and a strategic move into the rapidly growing data center market.
Bolt Data & Energy: An Integrated AI Platform
Bolt Data & Energy is focused on building an integrated AI infrastructure platform that combines energy production, large-scale GPU computing, and scalable land opportunities. The company aims to deliver reliable power, rapid deployment, and consistent performance in energy-rich regions of the United States, ultimately strengthening American leadership in AI innovation.
For further inquiries, contact Bolt Data & Energy at [email protected].
It is significant to note that this press release contains “forward-looking statements” that are subject to risks and uncertainties, and actual results may differ materially from those anticipated.
