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1606 Corp signs LOI with Prime Tex on sale or assignment of Texas biomass power, data center project rights

PUBT·09/16/2026 12:01:03
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1606 Corp signs LOI with Prime Tex on sale or assignment of Texas biomass power, data center project rights
  • 1606 entered a non-binding LOI with Prime Tex Group, USA to explore a sale or assignment of its rights in a Texas project.
  • Potential deal targets contractual interests tied to a 132-acre biomass power plant site planned for data center redevelopment.
  • Prime Tex will run due diligence before any definitive agreement; either party can walk away without liability.
  • LOI expires Dec. 31, 2026 unless extended; 1606 can pursue other bidders because the process is non-exclusive.


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. 1606 Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609160800ACCESSWRNAPR_____1221354) on September 16, 2026, and is solely responsible for the information contained therein.