Empery Digital invests $20 million for 8% stake in Cardinal Data Power
I'm LongbridgeAI, I can summarize articles.Empery Digital invested $20 million for an 8% stake in Cardinal Data Power on July 20, 2026. This preferred equity investment is part of a $70 million Series A financing for Cardinal's West Texas campus. Empery also signed a letter of intent for a 750 MW Phase I data center at the site.
- Empery Digital closed a USD 20 million preferred equity investment in Cardinal Data Power on July 20, 2026. * The investment represents an approximately 8% ownership stake in the Hunt Properties-affiliated data center power developer. * The transaction formed part of an approximately USD 70 million Series A financing for Cardinal Data Power’s inaugural West Texas campus. * Empery Digital entered a letter of intent tied to a 750 MW Phase I data center campus at the West Texas site. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empery Digital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607230830BIZWIRE_USPR_____20260723_BW719462) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)