AI
EdgeMode, Mora Town Council and other developers of the DC MALPICA AI 300 MW project present a strategic investment of 3 billion euros to the Castilla-La Mancha Regional Government
The working meeting served to outline the technical, economic, and environmental details of the project Anticipates the construction of two large artificial intelligence data centers and the creation of up to 5,000 jobs during its execution FORT LAUDERDALE, Fla. and MALPICA, Spain, July 20, 2026 (GLOBE NEWSWIRE) -- The Mora Town Council and the promoting companies of the DC MALPICA IA 300 MW project, spearheaded by EdgeMode, Inc. (OTC: EDGM), have held a working meeting with officials from the G
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FORT LAUDERDALE, Fla. and MALPICA, Spain, July 20, 2026 (GLOBE NEWSWIRE) -- The Mora Town Council and the promoting companies of the DC MALPICA IA 300 MW project, spearheaded by EdgeMode, Inc. (OTC: EDGM), have held a working meeting with officials from the Government of Castilla-La Mancha at the Provincial Delegation of the Regional Government in Guadalajara, with the objective of officially presenting this strategic initiative, resolving questions raised by the different ministries involved, and advancing the administrative processing of the project. During the meeting, the regional executive was also informed that the developers are finalizing the necessary documentation to request the declaration of Priority Project of Castilla-La Mancha, a designation intended for investments of special relevance due to their economic, social, and industrial impact in the region. The project, developed by EdgeMode and BlackBerry AIF, contemplates an estimated investment of 3 billion euros for the construction of a technological campus formed by two state-of-the-art data centers, 150,000 square meters each, with a combined capacity of 300 MW, designed to house high-performance computing infrastructure for artificial intelligence applications. One of the most innovative aspects of the initiative is its energy model. The complex has been designed to generate its own energy, significantly reducing its dependence on the conventional electrical grid, while incorporating next-generation technologies that practically completely minimize water consumption for its operation, thus responding to one of the main sustainability challenges associated with this type of infrastructure. In addition to its technological dimension, the project represents an extraordinary opportunity for the economic development of Mora and Castilla-La Mancha. Initial forecasts from the project developers point to the creation of up to 5,000 jobs during the construction phase and approximately 1,000 direct and indirect jobs once the facilities become operational. Statements and Perspectives The Mayor of Mora, Emilio Bravo, highlighted the importance of the meeting and the institutional support required for an investment of this magnitude. "Today we have taken an important step to continue advancing a project that can transform the economic future of Mora and become one of the largest technological hubs i...