Greenidge Generation Holdings Inc. has agreed to sell two parcels of land totaling approximately 152 acres in Spartanburg, South Carolina, along with rights to 60 megawatts of electrical service, to 300 Jones Road Associates LLC, an affiliate of Lightstone Parent LLC and LightHouse Data Centers LLC. The transaction is valued at $18 million in cash, with the potential for additional payments up to $18 million if further electrical capacity becomes available before the end of 2030. The closing is expected to occur in December 2025 or shortly thereafter, pending certain utility documentation.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenidge Generation Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-054304), on December 01, 2025, and is solely responsible for the information contained therein.