Video News Release: EdgeMode fast-tracks off-grid power supply for AI data centers
Rhea-AI Summary
EdgeMode (EDGM) highlighted progress on its off-grid, SOFC-powered AI data center strategy, including a Memorandum of Understanding with the Spanish city of Mora for a 300 MW “DC Malpica” campus expected to create 5,000 jobs. The company also added two new 1.2-gigawatt developments in Panama to its portfolio of grid-independent projects in Europe. EdgeMode disclosed a non-binding offer from Spark AI Foundry Holdings LLC to acquire 100% of the share capital of the EdgeMode DC Malpica 300 MW IT hyperscale data center site, indicating external interest as capacity requirements are fulfilled.
Positive
- Two new 1.2 GW projects in Panama expand portfolio of grid-independent data centers
- MoU with Mora, Spain for 300 MW DC Malpica campus, targeting 5,000 new jobs
- Non-binding offer from Spark AI Foundry for 100% of DC Malpica share capital
Negative
- Spanish 300 MW DC Malpica project currently based only on an MoU, not a final agreement
- Spark AI Foundry proposal is a non-binding offer, so transaction terms and certainty remain unspecified
AI-generated analysis. How Rhea-AI works. Not financial advice.
Kicks starts Spanish 300 MW DC facility and moves into the Americas
FORT LAUDERDALE, Fla., July 23, 2026 (GLOBE NEWSWIRE) -- Hear from Charlie Faulkner, CEO of EdgeMode, as he sits down with Core Finance to discuss how EdgeMode is turning its vision of developing next-generation tier-3-ready AI campuses with the largest capacity in Europe, powered by off-grid Solid Oxide Fuel Cell (SOFC) technology, into reality!
- EdgeMode grows portfolio with two new 1.2-gigawatt developments in Panama to add to its existing portfolio of grid-independent data center projects in Europe using Solid Oxide Fuel Cell (SOFC) technology
- MoU is signed with the Spanish City of Mora to advance a 300MW “DC Malpica” data center campus, creating 5,000 jobs
- Non-Binding Offer with Spark AI Foundry Holdings LLC for
100% of the share capital of the EdgeMode DC Malpica 300 MW IT hyperscale data center site signals buyer validation as capacity requirements are fulfilled
Watch the full interview:
A Media Snippet accompanying this announcement is available by clicking on this link.
About EdgeMode
EdgeMode develops scalable AI-ready data center campuses and integrated energy infrastructure across strategic global markets. The company focuses on power-secured developments aligned to accelerating AI and high-performance compute demand.
Contact Information
Jamie Kightley
IBA International - PR for EdgeMode
Email: edgemode@iba-international.com
Phone: +1 561 228 1940 or +44 1572 757932
Charlie Faulkner
Chief Executive Officer
EdgeMode Inc.
Email: hello@edgemode.io
