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    Lawrence Goldstein • Investor

    Lawrence Goldstein's questions to LandBridge Co LLC (LB) leadership

    Lawrence Goldstein's questions to LandBridge Co LLC (LB) leadership • Q2 2025

    Question

    Lawrence Goldstein of Santa Monica Partners LP expressed astonishment that despite the Permian Basin offering all the necessary assets for data centers—land, cheap power, and water—no major high-tech companies have announced projects in the region. He questioned why, given the obvious advantages, there has been a lack of activity.

    Answer

    CFO Scott McNeely acknowledged the strong fundamentals and explained the delay by noting that the Permian is a new, non-metropolitan region for typically risk-averse data center developers. He stated it's taking time to familiarize them with the area but believes development is an 'inevitability' and that the first announcement will trigger others. CEO Jason Long reiterated the key assets of land, power, and water access. McNeely concluded that they feel great about current discussions and aim to bring good news to the market soon.

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    Lawrence Goldstein's questions to LandBridge Co LLC (LB) leadership • Q3 2024

    Question

    Lawrence Goldstein asked for specifics on the size of the data centers being developed, requesting details in terms of square footage for the planned 1-gigawatt facility to better understand its scale.

    Answer

    Scott McNeely (executive) explained the initial lease is for 2,000 acres to support a 1-gigawatt data center, which includes buildings, power infrastructure, and support facilities. Jason Long (executive) added that once initial infrastructure is in place, the campus can scale significantly to 5 or 6 gigawatts. Scott McNeely confirmed he did not have the specific square footage of the buildings themselves.

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