Elda River has expanded its investment in Black Mountain Power (BMP) to more than $200 million to support the company’s advancement of digital infrastructure sites across Texas.
The expanded financing builds on Elda River’s initial commitment in 2025 and provides additional capital to support interconnection-related requirements across BMP’s project portfolio as the company advances sites through ERCOT’s large-load interconnection process.
“Black Mountain Power’s continued commercial momentum and disciplined execution have positioned the company as a leader in Texas powered-land development,” said Michael Dean, partner at Elda River. “We are pleased to expand our commitment to Black Mountain Power as the company advances its project pipeline to capture surging demand for well-positioned digital infrastructure sites across ERC
