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Reabold Resources Study Backs Gas-powered UK Data Center

MT Newswires·11/09/2026 03:31:52
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03:31 AM EST, 11/09/2026 (MT Newswires) -- Reabold Resources (RBD.L) reported that a feasibility study supports the development of a gas-to-compute data center at its West Newton site in the UK. The study found the proposed facility technically and commercially viable at a concept level. The planned data center has 67 megawatts of IT capacity, with first power targeted for the second half of 2030. The project would use gas produced from the West Newton field to generate electricity directly for the facility. The project has an estimated capital expenditure of 1.1 billion pounds sterling, excluding wells, with 726 million pounds for the data center and 385 million pounds for the power plant.