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PowerBank Signs LOI with Modular Data Center Company Nodiac.ai, Unlocking Potential Additional Revenue from Existing Energy Assets
PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce a Letter of Intent ("LOI") with Nodiac Corp. ("Nodiac"), a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data centers co-located with renewable energy assets. The LOI provides a framework to leverage PowerBank's portfol
About this update from Powerbank Corporation
[{"type":"text","content":"LOI Marks PowerBank's Strategic Entry into the Rapidly Growing AI Infrastructure Market","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"Modular Data Center Market Projected to Grow from ~$29 Billion USD to ~$80 Billion USD by 2030, with North America Leading at 41% Market Share","length":142,"tagName":"p","attribs":{}},{"type":"text","content":"Nodiac's Founding Team Brings Over $26 Billion USD in Energy Project Development Experience","length":95,"tagName":"p","attribs":{}},{"type":"text","content":"TORONTO, April 8, 2026 /CNW/ - PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) ("PowerBank" or the "Company"), a leader in North American energy infrastructure development and asset ownership, is pleased to announce a Letter of Intent ("LOI") with Nodiac Corp. ("Nodiac"), a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data centers co-located with renewable energy assets. The LOI provides a framework to leverage PowerBank's portfolio of solar and Battery Energy Storage System (BESS) sites across North America for the purposes of deployment of distributed AI compute infrastructure on such sites.","length":741,"tagName":"p"},{"type":"image","alt":"PowerBank Logo (CNW Group/PowerBank Corporation)","displaySize":"","headline":null,"caption":"PowerBank Logo (CNW Group/PowerBank Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":62,"url":"https://media.zenfs.com/en/cnwgroup.com/d6c986eb9322faafc8b3e94d24d3168e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yernKprF4NLsQF4uSZnZjA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEwOQ--/https://media.zenfs.com/en/cnwgroup.com/d6c986eb9322faafc8b3e94d24d3168e","width":400,"height":62}},"href":"https://mma.prnewswire.com/media/2951653/PowerBank_Corporation_PowerBank_Signs_LOI_with_Modular_Data_Cent.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Nodiac's "Speed-to-Power" platform is built on the principle that AI infrastructure does not need to wait for new grid capacity. By co-locating modular data centers at sites that already hold generation and access to additional power, land, and permitting approvals, Nodiac's platform is designed to bring infe...