EdgeMode Partners with Blackberry AIF to Launch 1.5GW AI Data Centers

EdgeMode, a global leader in energy and AI data center infrastructure, has finalized a definitive agreement with Blackberry AIF (BAIF) to acquire and develop a substantial portfolio of five large-scale data center sites in Spain. This collaboration aims to establish a network of Tier 3 AI data centers, with a combined capacity exceeding 1.5 gigawatts (GW).

Under the terms of the agreement, the portfolio assets will be transferred into a newly formed special purpose vehicle (SPV). In this structure, EdgeMode will retain a 75% ownership stake, while Blackberry AIF will hold the remaining 25%. EdgeMode has committed to overseeing the financing and development of these sites, which are set to progress through the Ready-to-Build (RTB) phase.

Strategic Development in Spain

The selection of Spain as the site for these data centers is significant, given the country’s growing demand for advanced data solutions and sustainable energy practices. By leveraging local resources and expertise, EdgeMode and BAIF aim to create state-of-the-art facilities that align with global standards for energy efficiency and technological innovation.

The planned data centers are expected to play a crucial role in addressing the increasing need for data processing and storage capabilities driven by the rise of artificial intelligence. With companies and institutions worldwide investing in AI technologies, the demand for robust data infrastructure has never been greater.

Financial and Operational Implications

The partnership is poised to impact both companies positively. EdgeMode, listed on the OTC under the ticker EDGM, will benefit from the added capacity and capabilities, enhancing its position in the competitive data center market. The financial structure allows for shared risk and investment, with both parties contributing to the operational success of the venture.

As the project moves forward, stakeholders will be watching closely for developments regarding site selection, construction timelines, and the integration of advanced energy solutions. The collaboration not only signifies a step forward for EdgeMode and BAIF but also represents a broader trend in the industry toward sustainable and scalable data center solutions.

The agreement marks a pivotal moment for EdgeMode as it expands its footprint in Europe. As the demand for data centers continues to escalate, this partnership positions the companies to capitalize on emerging opportunities in the rapidly evolving technological landscape.