B ooks Campus #1 d aws multiple w itte , o -bi di g exp essio s of i te est f om p ospective high-pe fo ma ce computi g custome s; pa t e s i te d to complete commu ity e gageme t befo e a y egulato y fili gs
Albe ta E e gy, Built i Phases
The pa k is desig ed to be powe ed by Albe ta atu al gas a d to add ew ge e ati g capacity i the p ovi ce athe tha compete with homes, fa ms a d busi esses fo existi g g id supply. Developme t i 75 MW phases is i te ded to allow egulato s, local autho ities a d su ou di g commu ities to assess each stage befo e the ext p oceeds.
Liste i g Fi st
Befo e fili g a y egulato y applicatio s, the pa t e s i te d to ca y out a full pa ticipa t i volveme t p og am u de Albe ta Utilities Commissio equi eme ts. This is expected to i clude ope houses i the su ou di g commu ities, di ect e gageme t with la dow e s a d eside ts, e gageme t with I dige ous commu ities, a d wo k with local autho ities o la d-use app ovals.
BlueFla e’s p actice is to hi e locally fi st a d to wo k with Albe ta co t acto s a d supplie s. The pa t e s i te d to pu sue t ai i g pa t e ships i the egio a d to desig the pa k so that its be efits, i cludi g jobs, i f ast uctu e a d lo g-te m eco omic activity, emai i the commu ities that host it.
Custome I te est at B ooks Campus #1
At B ooks Campus #1, Fi ge Motio ’s pe mitted 9.9 MW campus i the Cou ty of Newell a d the fi st site i its p eviously a ou ced 99 MW Albe ta build p og am, BlueFla e has eceived multiple w itte , o -bi di g exp essio s of i te est f om p ospective high-pe fo ma ce computi g custome s. BlueFla e, acti g as Fi ge Motio ’s developme t a d ma keti g pa t e , is evaluati g these p oposals o co t act te m, c editwo thi ess a d fit with the campus desig , a d expects to ecomme d a lead offtake custome to Fi ge Motio . A y defi itive ag eeme t emai s subject to egotiatio a d executio . The e ca be o assu a ce that a y exp essio s of i te est will esult i a defi itive ag eeme t.
Ma ageme t Comme ta y
“Ou st ategy is to pai ea -te m capacity at sites like B ooks Campus #1 with a deep pipeli e of behi d-the-mete powe ,” said Jolie Kah , Chief Executive Office of Fi ge Motio . “Albe ta’s atu al gas esou ces a d its f amewo k fo p ojects that b i g thei ow powe allow us to b i g capacity o li e i phases as custome s commit.”
“P ojects like this succeed i Albe ta whe they a e built with the commu ities a ou d them, ot just ea them,” said La do Ruszkowski, Chief Executive Office of BlueFla e. “The i te est i B ooks Campus #1 co fi ms the dema d is eal. Ou focus ow is selecti g the ight lo g-te m custome fo the site a d the commu ity, ot simply the fi st o e, a d liste i g to the people who live a d wo k i the egio befo e we build.”
About Fi ge Motio , I c.
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, 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 BlueFla e G oup Holdi gs I c.
BlueFla e G oup Holdi gs I c. is a Calga y-based e e gy a d digital i f ast uctu e develope that desig s, builds a d ope ates behi d-the-mete powe a d powe ed-la d campuses ac oss Albe ta. BlueFla e hi es locally fi st a d wo ks with Albe ta co t acto s a d supplie s.
Fo wa d-Looki g Stateme ts
This p ess elease co tai s 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, as ame ded, a d is subject to the safe-ha bo p ovisio s of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts i clude, without limitatio , stateme ts ega di g the pla ed e e gy pa k, its pla ed capacity, phasi g a d powe desig ; the completio of the la d acquisitio ; the Compa y’s pa ticipatio i the p oject; the pa ticipa t i volveme t p og am a d commu ity e gageme t; expected local eco omic be efits; custome i te est at B ooks Campus #1 a d the selectio of a offtake custome ; a d the Compa y’s developme t pipeli e. Wo ds such as “pla ,” “i te d,” “expect,” “a ticipate,” “desig ,” “pote tial,” “may,” “will” a d simila exp essio s ide tify fo wa d-looki g stateme ts.
These stateme ts a e based o cu e t expectatio s a d a e subject to isks a d u ce tai ties that could cause actual esults to diffe mate ially, i cludi g: the la d acquisitio may ot close o the expected te ms o at all; the Compa y does ot a d will ot ow the la d a d pa ticipates th ough co t actual a a geme ts; local la d-use app ovals a d Albe ta Utilities Commissio app ovals may ot be obtai ed, o may be delayed o co ditio ed; gas supply, equipme t a d co st uctio may ot be available o acceptable te ms; p oject fi a ci g may ot be obtai ed; exp essio s of i te est a e o -bi di g a d may ot esult i defi itive ag eeme ts; cha ges i Albe ta a d fede al e e gy, emissio s a d data ce te policy a d levies; commu ity o stakeholde oppositio ; the Compa y’s elatio ship with BlueFla e; the Compa y’s ability to mai tai its Nasdaq listi g; a d the othe isks desc ibed i the Compa y’s fili gs with the U.S. Secu ities a d Excha ge Commissio , i cludi g its most ece t A ual Repo t o Fo m 10-K a d subseque t Qua te ly Repo ts o Fo m 10-Q. Fo wa d-looki g stateme ts speak o ly as of the date of this elease, a d the Compa y u de takes o obligatio to update them except as equi ed by law.
I vesto co tactFi ge Motio , I c.I vesto Relatio sEmail: i @fi ge motio .comWebsite: www.fi ge motio .com
