Lancium Technologies Corporation, in partnership with AngelouEconomics, embarked on a pioneering project to establish a network of data centers powered by renewable energy in West Texas. This endeavor involved meticulous planning, including the identification of suitable communities, the issuance of Requests for Proposals (RFPs), and the negotiation of incentive packages with local governments. Through extensive research, optimal locations were determined based on criteria such as power infrastructure, availability of renewable energy sources, and robust fiber networks.
In 2021, AngelouEconomics collaborated closely with Lancium to finalize site selections for two data centers in West Texas, boasting a combined capital expenditure exceeding $3.7 billion. The chosen sites, located in Abilene and Fort Stockton, underwent rigorous evaluation, and negotiations with local leadership resulted in the agreement of tax abatements and PILOT programs. These incentives amounted to substantial savings, exceeding $80 million in taxes over the initial twenty years of operations. The Lancium-AngelouEconomics partnership not only aimed to revolutionize the data center industry in West Texas but also to stimulate economic growth and promote sustainable development in the region.