-+ 0.00%
-+ 0.00%
-+ 0.00%

EdgeMode enters non-binding offer to sell 300 MW Malpica AI data center project to Spark AI at EUR 1 million per MW

PUBT·07/13/2026 17:43:13
Listen to the news
EdgeMode enters non-binding offer to sell 300 MW Malpica AI data center project to Spark AI at EUR 1 million per MW
  • Spark AI Foundry signed a non-binding offer to buy 100% of the SPV owning EdgeMode’s planned 300 MW AI data center project in Malpica, Spain.
  • Closing is contingent on the project reaching ready-to-build status, targeted for end-2026 or Q1 2027.
  • Indicative pricing is EUR 1 million per MW of ready-to-build IT capacity, subject to valuation, due diligence, and third-party appraisal.
  • The scope covers development to ready-to-build only, excluding construction and operations.
  • Spark AI can terminate if ready-to-build status is missed by a long-stop date, with deposit returned and any standby letter of credit released.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Edgemode Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607131342PRIMZONEFULLFEED9761253) on July 13, 2026, and is solely responsible for the information contained therein.