San Angelo Chamber of Commerce economic developers offered this point in a recent podcast:
"San Angelo has been discovered or should I say re-discovered. A lot of developers and private equity firms, very interested in San Angelo, many conversations on a weekly basis...because it is such a well located city."
One gentleman made the analogy to Austin in the 1980's. Private Equity Underwriters (PEU) "are saying you check all the boxes, where have you been?"
"Growth will be measured and deliberate." And it will come with hurdle rates that require local subsidies.
Local elected officials will have the opportunity to show their priorities and if they are like our national elected representatives, the PEU boys will be very happy.
Politician Red & Blue love PEU and their new TechGod/CrytoBro brethren. Increasingly, more are one.
Update 12-20-25: The Real Deal reported:
Bolt Data & Energy announced it raised $150 million in capital and struck a partnership with Texas Pacific Land Corporation, which is investing another $50 million into the venture, according to a joint press release Wednesday. The tie-up positions Bolt Data to develop large-scale data centers on Texas Pacific’s sprawling West Texas holdings, as demand for energy-hungry AI computers accelerates, Bloomberg reported.