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Aedan Looking Glass Inc. Signs Agreement for 200MW Data Center Project in South Korea
Aedan Looking Glass Inc. Signs Agreement for 200MW Data Center Project in South Korea.
About this update from Turnkey Capital, Inc.
[{"type":"text","content":"ISEO-MYEON, WANJU-GUN, SOUTH KOREA, March 22, 2026 / A new hyper-scale data center development has been proposed for Wanju County following the formal signing of a Purchase and Sale Agreement (PSA) between international developers and local land ownership. Eric Fitzgerlad V & Chairman MoonThe agreement, executed on March 20, 2026, establishes a binding framework with Chairman Cheolho Moon for the North Jeolla Province Data Center Project, a 200MW facility intended to bolster the region’s digital infrastructure. ALG Intelligence datacenter site 1 in South KoreaDevelopment Framework and PartnershipThe project is being led by developer Aedan Looking Glass Inc. (ALG) on behalf of Turnkey Capital Inc. (TKCI), which has entered into a negotiation and purchase framework to acquire a majority stake in PropCo. The agreement was signed with Chairman Moon, the owner of PropCo and the designated Project Sponsor. This milestone advances the strategic framework between Turnkey Capital Inc. (OTC:TKCI) and Aedan Looking Glass Inc., established through a $450 million technology licensing agreement. TKCI licenses its secure cloud computing platform exclusively to ALG for deployment across its modular data center infrastructure. The North Jeolla Province Data Center Project represents a direct fulfillment of that licensing framework, bringing ALG's sovereign-grade, TKCI-powered computing infrastructure to the Asia-Pacific region for the first time. The signing was attended by a consortium of strategic partners, including Hark Capital Group Inc. and Big Shine Worldwide Inc., signaling a broad professional alignment for the project's capital formation and technical execution.Notably, Big Shine Worldwide Inc. will spearhead energy efficiency and sustainable infrastructure to optimize the facility's power footprint and align with regional energy goals.Project OverviewLocated in Iseo-myeon, Wanju-gun, the project site is slated for a high-density data center build-out. This proposal follows a surge in data center interest within South Korea's Jeonbuk Special Self-Governing Province, as developers seek to decentralize capacity away from the Seoul metropolitan area to take advantage of regional power availability and government support for digital hubs. The North Jeolla Province project reflects a shared conviction between ALG and its ...