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EdgeMode Signs Memorandum of Understanding to Expand Data Center and Energy Storage Capabilities in Sweden
FORT LAUDERDALE, Fla., Sept. 02, 2025 (GLOBE NEWSWIRE) -- EdgeMode Inc. (OTC: EDGM), a next-gener...
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[{"type":"text","content":"EdgeMode Signs Memorandum of Understanding to Expand Data Center and Energy Storage Capabilities in Sweden\n\n\n\n FORT LAUDERDALE, Fla., Sept. 02, 2025 (GLOBE NEWSWIRE) -- EdgeMode Inc. (OTC: EDGM), a next-generation AI data infrastructure company, today announced that it has entered into a Memorandum of Understanding (MoU) with Marviken ONE AB, a Swedish private energy infrastructure company, to expand data center and energy storage operations in Marviken, Sweden.\n \n\n The agreement outlines a strategic collaboration to significantly increase grid connection capacity, unlocking the next phase of large-scale AI-driven data center growth and the seamless integration of battery energy storage systems (BESS). EdgeMode currently operates data center infrastructure in Marviken and is building a robust pipeline of enterprise customers seeking scalable, energy-efficient, and resilient operations in the region.\n \n\n Through the collaboration, EdgeMode will work to secure strategic data center clients interested in integrating BESS assets at the site. MarvikenONE will provide access to its on-site BESS assets and Energy Management System (EMS), delivering highly resilient, flexible power solutions that safeguard uptime and optimize energy costs. Together, both companies will co-develop a value proposition designed to capture premium pricing opportunities for operators that prioritize scale, reliability, and sustainable infrastructure solutions.\n \n\n “This collaboration underscores EdgeMode’s commitment to sustainable and resilient data center growth while supporting energy innovation in Sweden,” said Charlie Faulkner, CEO of EdgeMode. “By combining our data center expertise with access to advanced, utility-scale energy storage capabilities, we are uniquely positioned to deliver flexible, cost-effective, and resilient infrastructure solutions for our clients as they scale their AI and HPC workloads.”\n \n\n The MoU is effective immediately and will remain in force for an initial term of three years. Funding for specific projects under the agreement will be determined on a case-by-case basis.\n \n\n\n About EdgeMode, Inc.\n \n\n\n EdgeMode Inc. (OTC: EDGM) is a digital infrastructure company specializing in the design, development, and operation of high-performance computing (HPC) data centers. Wit...