Sangha Renewables has formally damaged floor on a 19.9-megawatt (MW) bitcoin mining facility in West Texas, marking a notable step in its mission to merge sustainable energy with digital asset infrastructure, in keeping with a current press launch despatched to Bitcoin Journal. Sangha additionally introduced it has raised $14 million towards its $17 million goal, serving to convey its imaginative and prescient for renewable-powered bitcoin mining to life.
Developed in partnership with an unbiased energy producer (IPP), the behind-the-meter facility might be positioned on a longtime photo voltaic power web site. Sangha’s undertaking is designed to rework underutilized renewable property into high-yield bitcoin-generating operations whereas delivering “optimized power monetization and attractive bitcoin-backed returns for investors.”
“Sangha is not just building bitcoin mining sites—we’re building a new model for how capital flows in and out of bitcoin,” mentioned Spencer Marr, co-founder and CEO of Sangha Renewables. “By applying a project finance structure honed-in the renewable energy and real estate sectors, we enable investors to participate directly in productive assets—without intermediaries, speculative equities, or inefficiencies of datacenter hosting. Investors put cash or bitcoin into the construction of the project and then enjoy streaming distributions of bitcoin for years to come at well below the market price of bitcoin.”
Below the offtake settlement, Sangha will buy 19.9 MW of energy immediately from the IPP. The photo voltaic web site is impacted by grid congestion and detrimental power pricing, making it a super match for Sangha’s load-balancing mannequin. “It’s a win-win-win,” Marr added. “The IPP earns more per megawatt-hour, our investors gain exposure to low-cost bitcoin production, and we deliver grid-stabilizing load where it’s needed most.”
The undertaking is ready to start operations in Q3 2025 and can provide one of many lowest energy prices in North America, in keeping with the corporate. Sangha’s mannequin is underpinned by good web site choice, clear capital buildings, and regulatory acumen—positioning it as a frontrunner in institutional-grade bitcoin mining.
This facility represents Sangha’s proof-of-concept and the following chapter within the founders’ pivot from Sangha Programs to Sangha Renewables, emphasizing a dedication to sustainable, scalable, and investor-aligned bitcoin infrastructure.
