Argo Blockchain s Helios Facility - Ownership and Business Overview

UtilitiesCompany

Argo Blockchain s Helios Facility Ownership

Who owns Argo Blockchain s Helios Facility?

Argo Blockchain s Helios Facility is owned by Galaxy Digital Partners. It was acquired on December 28, 2022.

Argo Blockchain s Helios Facility Business Overview

Where is Argo Blockchain s Helios Facility headquartered?

Argo Blockchain s Helios Facility is headquartered in Dickens, Texas.

What sector is Argo Blockchain s Helios Facility in?

Argo Blockchain s Helios Facility is an utilities company.

Utilities M&A Summary in 2022

Out of 60 sectors in the Mergr database, utilities ranked 48 in number of deals in 2022. The largest utilities acquisition in 2022 was MountainWest Pipelines Holding - which was acquired by The Williams Companies for $1.5B.

Join Mergr to view all 38 acquisitions of utilities companies in 2022, including 9 acquisitions by private equity firms, and 29 by strategics.

Argo Blockchain's Helios Facility

Argo Blockchain PLC - Helios Facility

Dickens, Texas
United States,

Argo Blockchain's Helios Facility is a mining facility that includes a 126,000-square-foot data center and supports 200 MW of electricity (approximately 50,000 mining machines). In total, Helios has access to 800 MW of electricity from a neighboring substation. Additionally, the facility is designed to utilize Argo’s proprietary immersion-cooling technology which allows for cost-effective, high-speed mining in warmer climates. Argo Blockchain's Helios Facility is based in Dickens, Texas.


Company Summary

SECTOR

Utilities

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