Mawson Infrastructure announces expansion of lease in Phio

Mawson Infrastructure Group announced its expansion of its lease in Ohio, further extending its AI and HPC growth capacities. Mawson also invites additional AI/HPC partners, as it expects to further increase its total capacity from the currently operational 129 megawatts across its Pennsylvania facilities in Midland, PA and Bellefonte, PA, to about 153 MW, given its expansion to Ohio. Key Highlights: Mawson’s expansion into Perry County, Ohio further increases its footprint in the PJM market, which is the largest wholesale electric market in North America and has competitive power rates and is a deregulated market. Secures lease amendment for an extended term for 9 years through April 2033. Secures initial 24 megawatts of capacity through agreements, which could grow Mawson from currently operational 129 MW to 153 MW. Expected to commence initial construction while inviting AI/HPC partners to discuss opportunities to partner and collaborate with Mawson to power the deployment of NVIDIA GPUs and other high performance and accelerated computing.