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BKV Corporation, in partnership with Banpu Power US Corporation, signed an agreement to purchase the Temple 1 power plant in Temple, Texas, for $430 million, expected to close in Q4 2021.
BKV Corporation announced that a subsidiary has executed an equipment supply contract with a Tier 1 Supplier for natural gas-fired power generation equipment for a prospective power project in Texas, backed by a hyperscaler off-taker agreement.