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EdgeMode and BAIF Expand Definitive Agreement to Include BESS and Solar Assets, Enhancing Portfolio Value and Accelerating Revenue Timeline
Globenewswireยท 2025-10-08 13:00
Core Insights - EdgeMode Inc. has announced an extension and expansion of its partnership with Blackberry AIF, focusing on sustainable high-performance computing and renewable energy infrastructure [1][2] - The revised agreement includes the integration of Battery Energy Storage System (BESS) solutions and the acquisition of additional solar assets, significantly increasing EdgeMode's asset base and accelerating revenue generation [2][4] Partnership Expansion - The partnership now encompasses approximately 1.8 GW of total infrastructure capacity under development across Spain, enhancing EdgeMode's position as a leading developer of AI-ready data center and energy infrastructure [4][5] - The updated agreement aims to finalize a definitive agreement within 30 days, pending third-party legal reviews [3] Strategic Goals - The integration of battery storage and additional solar capacity is expected to enhance portfolio value and solidify EdgeMode's position as a fully integrated renewable and AI infrastructure platform in Europe [4] - The collaboration aims to create a competitive, scalable, and sustainable model for next-generation digital infrastructure by combining renewable generation, storage, and data center infrastructure [4]