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1606 Corp. Signs Definitive Agreement to Acquire Sim Agro to Scale AI-Ready Power and Data Infrastructure

1606 Corp. Signs Definitive Agreement to Acquire Sim Agro to Scale AI-Ready Power and Data Infrastructure

1606 Corp. has signed a definitive agreement to acquire a majority stake in Sim Agro Inc., a global power-plant operator, to develop captive power and data center infrastructure for AI and high-performance computing markets, reducing net acquisition costs by $4.2 million.

May 4, 2026
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