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Antelope Enterprise Plans to Begin Energy Transmission Business in Q3
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Antelope Enterprise Plans to Begin Energy Transmission Business in Q3
Apr 29, 2024 9:10 AM

11:57 AM EDT, 04/29/2024 (MT Newswires) -- Antelope Enterprise ( AEHL ) said Monday it plans to launch its energy transmission business, with operation expected to start in Q3 under its AEHL US unit.

AEHL US plans to supply power to a data center in Midland, Texas, and also to secure hosting sites for cryptocurrency mining operators to generate additional revenue, the company said.

Initial steps have been taken to develop the business, including engaging a broker to source natural gas in Texas and the procurement of electricity generators, it said.

Price: 2.01, Change: -0.04, Percent Change: -1.95

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