other material
confidence high
sentiment positive
materiality 0.70
AVAX One announces development of 10 MW AI/HPC powered land in Alberta; cost $30-35M
AVAX ONE TECHNOLOGY LTD.
- Signed LOI with BlueFlare Energy Solutions for 10 MW Tier 3 AI/HPC facility near Calgary, Alberta.
- Target delivery Q1 2027; primary power from natural gas, BESS, diesel backup for resiliency.
- Total project cost estimated at $30-35 million; will generate recurring revenue under long-term infrastructure agreement.
- Expansion positions AVAX One at intersection of digital assets and AI/HPC compute infrastructure.