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EdgeMode to Acquire Spanish Data Center Portfolio, Targeting 1.5 GW of Sustainable AI Infrastructure
FORT LAUDERDALE, Fla., Sept. 17, 2025 (GLOBE NEWSWIRE) -- EdgeMode Inc. (OTC: EDGM), a leading pr...
About this update from Edgemont Gold Corp.
[{"type":"text","content":"EdgeMode to Acquire Spanish Data Center Portfolio, Targeting 1.5 GW of Sustainable AI Infrastructure\n\n\n\n FORT LAUDERDALE, Fla., Sept. 17, 2025 (GLOBE NEWSWIRE) -- EdgeMode Inc. (OTC: EDGM), a leading provider of sustainable high-performance computing (“HPC”) infrastructure, today announced it has entered into a binding agreement with Blackberry AIF (BAIF) to acquire a portfolio of hyperscale data center development assets in Spain through a newly formed joint venture. Completion of final definitive agreements will occur within 30 days.\n \n\n Under the terms of the transaction, EdgeMode will hold a 75% controlling interest, with BAIF retaining a 25% stake. The portfolio comprises five strategically located campuses in Malpica, Cáceres, Vianos, Córdoba, and Torrecampo, representing a combined potential of 1.5 GW of IT capacity and estimated asset value of $100M. Each site will be designed as a Tier III-compliant, AI-ready data center campus, underpinned by secured land rights, dark fiber connectivity, and permitting pathways. The agreement also provides EdgeMode the option of right of first refusal to acquire additional campuses within the BAIF portfolio which amounts to a further 1.5GW of IT capacity.\n \n\n A central feature of the portfolio is its integration with on-site renewable energy. The campuses will be powered by 100% solar generation and battery energy storage systems (BESS), with third-party renewable investors funding and operating the solar and storage assets under long-term power purchase agreements. This structure ensures stable, low-cost, and sustainable energy for the useful life of the facilities, significantly enhancing competitiveness while removing exposure to volatile wholesale power markets.\n \n\n The projects are expected to begin achieving Ready-to-Build (RTB) status from Q1 2026, with phased capacity roll-out through 2027. Each site will be developed in modular 10 MW IT blocks, paired with approximately 60 MWp of solar and 240 MWh of storage, allowing for scalable deployment aligned with tenant demand.\n \n\n This acquisition represents a major strategic step for EdgeMode, positioning the Company as a leading developer of next-generation, renewable-powered hyperscale data centers in Europe. Spain is experiencing unprecedented demand from hyperscale and AI operators, while g...