Senmiao signs letter of intent for Utah data center campus deal
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Energence Utah Partnership Positions Senmiao to Pursue Digital Infrastructure Development, with 100 MW Targeted During the Initial Two-Year Development Phase
August 11, 2026 6:58 AM EDTCompany proposes to partner with Elio Energy Group, a U.S. energy project developer, to advance Energence, Utah, a planned data center campus within a 5,046-acre integrated energy and industrial development in Utah
New York, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Senmiao Technology Limited (Nasdaq: AIHS, "Senmiao" or the "Company") announced today that it has entered into a letter of intent with Energence Power LLC ("Energence Power"), Energence Utah LLC ("Energence Utah") and the members of Energence Utah, setting forth a proposed strategic partnership framework. Under the proposed transaction, Senmiao would make a staged $5.0 million... More
