20MW Natural Gas Power Plant for Data Center/Crypto Mining in Indiana

This listing presents a unique opportunity to acquire a repurposed historic coal plant in Crawfordsville, Indiana, transformed into a 20MW natural gas power generation facility. Designed specifically for high-demand operations such as data centers and crypto mining, the plant will offer an exceptionally low power cost of $0.05/kW (or less) following a $10 million investment. The facility boasts existing grid interconnection and all necessary Title 5 permits are already secured. Beyond power generation for on-site use, excess power can be sold back to the grid. The business is further strengthened by guaranteed capacity payments of $75,000 per month ($900,000 annually) commencing in 2026. Significant space is available on-site, both indoors and on adjacent land, for the installation of racks and rigs. Operations and maintenance (O&M) will be managed by the seller's company. The offering also includes the potential to utilize renewable natural gas, unlocking substantial tax and carbon credits. This is a turnkey solution for energy-intensive businesses seeking reliable, low-cost power.