What is the latest status of the project “Natural Gas Purchase and Sale Agreement”?

The status recorded for “Natural Gas Purchase and Sale Agreement” is Awarded.

Where can I verify the source and access all details for “Natural Gas Purchase and Sale Agreement”?

This Taiyo project page references GlobeNewswire along with the original URL (https://www.globenewswire.com/news-release/2025/02/11/3024148/0/en/Allied-Energy-Fuels-the-Future-of-Crypto-with-Groundbreaking-Natural-Gas-Agreement.html). Taiyo standardizes official data into a consistent, searchable project profile.

Natural Gas Purchase and Sale Agreement

One of 10,000+ projects Taiyo tracks in Texas.

Source: GlobeNewswire

Project

Awarded

Allied Energy Corporation has entered into a transformative Natural Gas Purchase and Sale Agreement with River Energy Group, LLC and Louis Energy Gas Texas, Inc. This agreement aims to power a state-of-the-art cryptocurrency mining facility using natural gas from the Thiel Well 1 in Washington County, Texas, supporting the growing energy demands of the digital economy.

Status: Closed
Sector: Power Generation (CCGT), Natural Gas
Location: MCKINNEY, Texas, United States of America
Updated: 22 Jul 2026
Source: GlobeNewswire

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Project Information

3 Q

The project “Natural Gas Purchase and Sale Agreement” is an infrastructure initiative in the Power Generation (CCGT) sector, located in MCKINNEY, Texas, United States. Taiyo aggregates data on it from GlobeNewswire.

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Allied Energy Corporation has entered into a transformative Natural Gas Purchase and Sale Agreement with River Energy Group, LLC and Louis Energy Gas Texas, Inc. This agreement aims to power a state-of-the-art cryptocurrency mining facility using natural gas from the Thiel Well 1 in Washington County, Texas, supporting the growing energy demands of the digital economy.
Original sector	Energy

Location

Country	United States of America (USA)
State	Texas
City	MCKINNEY

Source

Source	GlobeNewswire
URL

More Details

Record type	Project
Sector	Power Generation (CCGT), Natural Gas
Article published date	2025-02-28

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Natural Gas Purchase and Sale Agreement

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