Black Mountain Power (BMP) has secured a strategic credit financing from affiliates of Elda River Capital Management to advance its Texas powered‑land strategy for hyperscale data centers. Financial terms were not disclosed.
Headquartered in Fort Worth, BMP is advancing Texas data center development with a focus on advancing projects through land control, permitting, power contracting and interconnection, regulatory approvals, and construction. The company targets sites with sizable land positions, high‑voltage power access, advantaged interconnection positioning, and favorable jurisdictions and permitting.
“Black Mountain Power was built to meet surging demand for power‑proximate, shovel‑ready data center locations in Texas,” said Rhett Bennett, founder and CEO of BMP. “Elda River’s support strengthens our ability to advance our project portfolio and secure power so that we can deploy data center solutions at scale across ERCOT.”
