Contract Wins And CapacityContracted HPC load exceeding 510MW and a raised internal target for annual signings signal strong demand and improved visibility for capacity monetization.
Partnerships And FinancingA 25-year modified-gross joint venture with Fluidstack for 168MW at Abernathy backed by a major lease backstop demonstrates partner confidence and de-risks large-scale site financing and leasing.
Strategic RepositioningTransition into high-performance computing and AI infrastructure under an experienced technical team positions the company to capture higher-margin data center demand and diversify away from commodity mining revenue.