Fu the to last week’s joi t a ou ceme t to lau ch GENIUSpa k Albe ta ta geti g a i itial 100 MW of high-pe fo ma ce computi g (HPC), Fi ge Motio , Ge ius G oup a d BlueFla e sig ed a bi di g ag eeme t fo a seco d 100 MW HPC p oject.
Fi ge Motio a d BlueFla e have al eady eceived o -bi di g i dicatio s of i te est f om pote tial offtake s fo up to 52.5 MW of capacity.
Fi st site, B ooks Campus No. 1, is a pe mitted 9.9 MW campus ea Tilley i the Cou ty of Newell, with powe ed la d expected to be available i the fi st qua te of 2027.
The pa t e s also a ou ced today a o -bi di g exp essio of i te est with the fi st offtake custome fo up to 7 MW of HPC Colocatio Capacity at B ooks Campus No. 1.
WEST PALM BEACH, Fla. a d CALGARY, Albe ta, Nov. 05, 2026 (GLOBE NEWSWIRE) — Fi ge Motio , I c. (Nasdaq: FNGR) (“Fi ge Motio ” o the “Compa y”), togethe with Ge ius G oup Limited (NYSE Ame ica : GNS) (“Ge ius G oup”) a d BlueFla e E e gy Solutio s I c. (“BlueFla e”), today a ou ced that they have sig ed a seco d bi di g ag eeme t, with a joi t ve tu e ag eeme t fo the B ooks Co ido Campus P og am, cove i g up to 100 MW of powe ed la d a d colocatio campuses i Albe ta, togethe with a p oject ag eeme t fo its fi st site, B ooks Campus No. 1.
The ag eeme ts build o the pa t e s’ Octobe 27 a ou ceme t of GENIUSpa k Albe ta a d its fi st AI compute site at Ha a, a d b i g Ge ius G oup i to a seco d laye of Fi ge Motio a d BlueFla e’s ece tly a ou ced Albe ta build-out: the powe ed la d a d colocatio o which high-pe fo ma ce computi g compa ies u thei ow compute.
B ooks Co ido P og am: Powe ed La d Alo gside AI Compute
Each campus i the B ooks Co ido p og am is app oximately 9.9 MW a d is held i its ow Albe ta campus compa y, ow ed 75% by Fi ge Motio a d 25% by Ge ius G oup. Fi ge Motio a d BlueFla e lead site selectio , powe , co st uctio , fi a ci g a d clie t elatio ships, while Ge ius G oup leads the commu ity a d eskilli g p og am. Budgets, ew debt, ew i vesto s, clie t co t acts a d elated-pa ty co t acts equi e the app oval of both pa t e s.
Offtake clie ts b i g thei ow compute u de lo g-te m take-o -pay co t acts, a d each campus is expected to be fi a ced with 60% to 80% o – ecou se p oject debt, set campus by campus. Fi ge Motio will also use best comme cial effo ts to ese ve 10% of each campus’s capacity fo GENIUSpa k Albe ta, givi g the pa t e s’ AI compute joi t ve tu e a path to scale ac oss the co ido .
Each campus will use best comme cial effo ts to co t ibute 10% of its et p ofit to a locally gove ed Commu ity Fu d, a d Ge ius G oup will delive Ge ius City p og ams, i cludi g schooli g, e t ep e eu ship a d eskilli g i to the jobs each campus c eates, with BlueFla e hi i g locally fi st. The pa t e s co ti ue to pla a Ge ius City to se ve the full cluste of sites, begi i g with a feasibility study at the p oposed e e gy pa k i east-ce t al Albe ta.
Roge James Hamilto , Fou de a d CEO of Ge ius G oup, said: “Ha a gave us ou fi st AI compute site i pa t e ship with Fi ge Motio a d BlueFla e. While Ha a e ables us to ma age the full stack f om powe to colocatio to compute, while co t ibuti g to the local commu ity, the B ooks Co ido pa t e ship will delive gua a teed eve ues f om ou HPC offtake custome s, o ce bi di g ag eeme ts a e sig ed. With up to 100 MW i the p og am a d the fi st offtake custome s expected to be a ou ced soo , we look fo wa d to lau chi g ou commu ity-fi st model i both Ha a a d B ooks i the comi g yea .”
B ooks Campus No. 1: The Fi st of 10 Pla ed Sites
B ooks Campus No. 1 is a pe mitted 9.9 MW site i the Cou ty of Newell, app oximately 185 kilomet es southeast of Calga y. It sits beside a ope ati g atu al gas facility that ca delive fuel at the site bou da y, so the campus ge e ates its ow powe behi d the mete without a g id co ectio o a place i the t a smissio queue. BlueFla e will develop, build a d ope ate the campus, a d powe ed la d is expected to be available i the fi st qua te of 2027. Closi g is subject to a sig ed clie t co t act with c edit suppo t, committed p oject fi a ci g, the BlueFla e ag eeme ts, due dilige ce a d egulato y app ovals.
Dema d fo the p og am is al eady i ha d. I Septembe , Fi ge Motio epo ted o -bi di g i dicatio s of i te est f om pote tial offtake s fo up to 52.5 MW of its Albe ta p og am, a d yeste day BlueFla e e te ed i to a o -bi di g exp essio of i te est fo up to 7 MW of high-pe fo ma ce computi g colocatio capacity at B ooks Campus No. 1.
U de the Exp essio of I te est, the Clie t is i te ested i co t acti g up to 7 MW of fi m c itical IT capacity to be delive ed i t a ches at B ooks Campus #1. The co templated schedule ta gets a i itial Ready-fo -Se vice date fo the fi st t a che six mo ths f om the effective date of a subseque t bi di g ag eeme t, with the site expected to each its full capacity withi 12 to 14 mo ths. Whe fully ope atio al, estimated a ual eve ue is app oximately $20 to $25 millio pe yea , suppo ti g co t acted eve ue i excess of $100 millio ove the i itial five-yea te m. The Clie t would also have a electio ight fo a additio al 3 MW of Expa sio Capacity at a ea by seco d site that sha es gas supply, fibe a d staff. The Exp essio of I te est i cludes a 30-day exclusivity pe iod du i g which the pa ties will egotiate i good faith towa d a bi di g lette of i te t a d defi itive colocatio ag eeme ts, subject to customa y co ditio s, dilige ce, a d executio of defi itive docume tatio .
Jolie Kah , CEO of Fi ge Motio , said: “Ou st ategy is to co t act capacity o a lo g-te m basis befo e we commit co st uctio capital, a d B ooks Campus No. 1 will be ou pilot site fo the full 100 MW B ooks co ido p oject. We welcome Ge ius G oup as a seco d committed equity pa t e .”
La do Ruszkowski, CEO of BlueFla e, said: “The custome s app oachi g us wa t two thi gs: powe ed compute withi six mo ths, a d pa t e s who a e he e fo the lo g te m. Ou B ooks Co ido p oject gives them both. We ge e ate at the wellhead, build the halls ou selves a d u the site a ou d the clock with a Albe ta c ew. With Fi ge Motio a d Ge ius G oup alo gside us, the local commu ity sha es i the upside.”
CBRE epo ts that vaca cy ac oss No th Ame ica’s p ima y data ce te ma kets held at 1.4% i the fi st half of 2026, that mo e tha 80% of capacity u de co st uctio is al eady p eleased, a d that ave age aski g e ts ose fastest i the sub-10 MW scale, by 8.3%, fo use s seeki g 3 MW to 10 MW[1].
Powe is the o goi g co st ai t, a d the pa t e s believe o -site gas is i c easi gly the a swe . E ve us estimates that behi d-the-mete p ojects will accou t fo oughly 40% of i stalled data ce te capacity i its outlook to 2030, with atu al gas ge e atio eme gi g as a p ima y path a ou d g id co gestio [2]. The B ooks Co ido campuses a e desig ed fo that model, each sized u de 10 MW to use Albe ta’s st eamli ed app oval pathway fo small powe pla ts.
Followi g today’s sig i g, the pa t e s will complete the site co t ibutio , a ou ce the fi st clie t co t act a d p oject fi a ci g fo B ooks Campus No. 1, a d comme ce the p ocess of lau chi g fu the sites.
Sou ces
[1] CBRE, “No th Ame ica Data Ce te Dema d Co ti ues to Outpace Supply Despite Reco d Co st uctio Activity,” Septembe 8, 2026. https://www.cb e.com/p ess- eleases/ o th-ame ica -data-ce te -dema d-co ti ues-to-outpace-supply-despite- eco d-co st uctio
[2] E ve us, “Off the G id, o the Gas: Data Ce te s D ive Gas Dema d,” July 21, 2026. https://www.e ve us.com/ ews oom/off-the-g id-o -the-gas/
About Fi ge Motio
Fi ge Motio , I c. (Nasdaq: FNGR) is a tech ology compa y that has histo ically se ved the mobile payme t, echa ge a d data-a alytics ma kets i the People’s Republic of Chi a. Th ough its elatio ship with BlueFla e E e gy Solutio s I c., the Compa y is developi g behi d-the-mete powe ed data-ce te capacity i Albe ta fo a tificial-i tellige ce a d high-pe fo ma ce computi g clie ts. Additio al i fo matio is available at www.fi ge motio .com.
About Ge ius G oup
Ge ius G oup (NYSE: GNS) is a global educatio g oup delive i g AI-powe ed educatio a d accele atio solutio s fo the futu e of wo k. Ge ius G oup se ves 6 millio use s i ove 100 cou t ies th ough its Ge ius City model a d o li e digital ma ketplace of AI t ai i g, AI tools a d AI tale t. It p ovides pe so alized, e t ep e eu ial AI pathways combi i g huma tale t with AI skills a d AI solutio s at the i dividual, e te p ise a d gove me t level. To lea mo e, please visit ge iusg oup.ai.
About BlueFla e
BlueFla e E e gy Solutio s I c. is a Albe ta-i co po ated develope , e gi ee a d co st ucto of behi d-the-mete e e gy a d high-pe fo ma ce compute i f ast uctu e ope ati g u de the “F om Wellhead to Wo kload” platfo m. BlueFla e o igi ates, desig s, builds a d suppo ts co-located atu al gas ge e atio , AI i fe e ce compute a d bitcoi mi i g sites ac oss Weste Ca ada, i teg ated by its p op ieta y BALA™ (BlueFla e Adaptive Load A chitectu e™) load-followi g platfo m. BlueFla e self-pe fo ms desig , p ocu eme t, co st uctio a d commissio i g o its p og ams. BlueFla e is a subsidia y of BlueFla e G oup Holdi gs I c. Additio al i fo matio is available at www.gobluefla e.com.
Fo wa d-Looki g Stateme ts
Stateme ts made i this p ess elease i clude fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded, a d Sectio 21E of the Secu ities Excha ge Act of 1934, i cludi g stateme ts ega di g the B ooks Co ido Campus P og am, its capacity, campuses, ow e ship, fi a ci g, commu ity be efits a d timi g, the closi g of B ooks Campus No. 1, the availability of powe ed la d, a d the expected a ou ceme t of a bi di g offtake ag eeme t. Fo wa d-looki g stateme ts ca be ide tified by the use of wo ds such as “may,” “will,” “pla ,” “should,” “expect,” “a ticipate,” “estimate,” “ta get,” “co ti ue,” o compa able te mi ology. The i dicatio s a d exp essio s of i te est desc ibed i this p ess elease a e o -bi di g, do ot ep ese t co t acted dema d, a d may ot esult i a y defi itive ag eeme t o the te ms desc ibed o at all. No offtake ag eeme t has yet bee executed, a d the e is o assu a ce that o e will be sig ed i the expected timef ame o at all. Closi g of B ooks Campus No. 1 is subject to co ditio s i cludi g a clie t co t act, p oject fi a ci g, due dilige ce a d egulato y app ovals. Each pa t e ’s pa ticipatio i fu the campuses is at its electio . Such fo wa d-looki g stateme ts a e i he e tly subject to ce tai isks, t e ds a d u ce tai ties, ma y of which the compa ies ca ot p edict with accu acy, a d may cause actual esults to diffe mate ially f om those p ojected o suggested. Reade s a e cautio ed ot to place u due elia ce o these fo wa d-looki g stateme ts a d a e advised to co side the additio al facto s u de the headi g “Risk Facto s” i Ge ius G oup’s A ual Repo ts o Fo m 20-F, as suppleme ted by its Repo ts o Fo m 6-K, a d i Fi ge Motio ’s fili gs with the Secu ities a d Excha ge Commissio . No e of Ge ius G oup, Fi ge Motio o BlueFla e assumes a y obligatio to update o suppleme t fo wa d-looki g stateme ts. No i fo matio i this p ess elease should be co st ued as a y i dicatio whatsoeve of a y pa ty’s futu e eve ues, esults of ope atio s, o stock p ice.
Co tactsFi ge Motio : i @fi ge motio .comGe ius G oup: i vesto @ge iusg oup.aiBlueFla e: sales@gobluefla e.com
