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NextNRG plans $22M acquisition of Indiana site for 70 MW data center and energy hub with pharma tenant.

Company Fundamentals
05 Nov 2026, 15:45 WIB
GlobeNewsWire
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Bullish
NextNRG plans $22M acquisition of Indiana site for 70 MW data center and energy hub with pharma tenant.

NextNRG has signed a term sheet to acquire a 33-acre site in South Bend, Indiana, for $22 million, planning to develop it into the Lone Wolf Energy Center. The site will include a leased 50,000 sq ft building for a pharmaceutical company and 27 acres for data center infrastructure supporting up to 70 megawatts of capacity, on-site power generation, battery storage, and AI-driven energy management. This project aims to integrate energy solutions with data center needs to reduce grid strain and bring economic benefits to the community. The acquisition is subject to final approvals and Nasdaq listing conditions.

NextNRG's acquisition of a 33-acre Indiana site for the Lone Wolf Energy Center provides context for energy sector activity. For readers following energy stocks, here is Pluang's market snapshot as of Nov 05, 2026 20:15 WIB: Of 79 priced US energy-sector stocks tradable on Pluang, 64 rose and 13 fell today. Notable movers include DK at USD 67.45 (+3.04%, typical hold time 7 days), ENPH at USD 32.46 (+2.88%, typical hold time 72 days, Pluang order activity 75% Sell / 25% Buy), and APA at USD 45.60 (+2.49%, typical hold time 8 days, Pluang order activity 2% Sell / 98% Buy).

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