Welcome to our dedicated page for Keel Infrastructure news (Ticker: KEEL), a resource for investors and traders seeking the latest updates and insights on Keel Infrastructure stock.
Keel Infrastructure Corp. reports company news centered on North American digital infrastructure, energy infrastructure and data-center development for high-performance computing and AI workloads. Recurring updates include operating and financial results, conference presentations, site-development milestones, grid-connected capacity, shareholder voting matters and capital-structure disclosures.
The company's news has also covered portfolio changes, including the completed sale of its 70 MW Paso Pe site in Paraguay and its resulting focus on North American assets in Pennsylvania, Washington and Québec. These updates frame Keel as an infrastructure owner and developer tied to power availability and data-campus capacity.
Keel Infrastructure (Nasdaq/TSX: KEEL) plans to release its second quarter 2026 financial results on Monday, August 10, 2026, before the market opens. Management will host a conference call at 8:00 a.m. Eastern, with webcast, replay, and related Q2 materials available via the company’s investor website.
Keel Infrastructure (Nasdaq/TSX: KEEL) announced progress on its Sherbrooke, Québec data center project. The City of Sherbrooke approved Keel entering into an agreement with Hydro-Sherbrooke for the transfer and operation of 96 MW of existing power capacity and a land purchase agreement for the new site.
The power deal will consolidate three current Bitcoin mining sites into one 96 MW campus, without requesting additional power, and recategorizes usage from BTC mining to HPC/AI. Transfer of capacity requires review and approval by Québec’s Ministry of Economy, Innovation and Energy, while the land purchase, about 100 miles east of Montréal, is subject to customary conditions and is expected to close in Q1 2027.
Keel Infrastructure (Nasdaq/TSX: KEEL) appointed Ganesh Aiyer as President, effective July 6, 2026. He will report to CEO Ben Gagnon and lead commercial and pipeline expansion activities, supporting long-term growth.
Aiyer brings 25 years of data center and technology experience, including senior roles at Digital Realty Trust, Schneider Electric, and Dell Technologies.
Keel Infrastructure (Nasdaq: KEEL; TSX: KEEL) has been added to the broad-market Russell 3000® Index, effective at U.S. market open on June 29, 2026, as part of the first 2026 Russell indexes reconstitution.
According to Keel Infrastructure, this milestone follows 18 months of advancing its energy pipeline and building a team focused on delivering North American digital and energy infrastructure, and is expected to broaden its visibility among U.S. investors.
Keel Infrastructure (NASDAQ/TSX: KEEL) closed a private offering of $458 million aggregate principal amount of 1.250% convertible senior notes due January 15, 2032, including a $58 million overallotment option.
The notes carry a 1.250% coupon, a conversion price of $7.41 (about 25% above the June 4, 2026 Nasdaq close of $5.93) and are hedged with capped calls up to $11.86, funded from proceeds. Keel expects roughly $445.4 million in net proceeds, enhancing flexibility to fund data center developments and general corporate purposes. The notes are senior unsecured and fully guaranteed by Bitfarms.
Keel Infrastructure (NASDAQ/TSX: KEEL) priced an upsized offering of $400 million 1.250% convertible senior notes due 2032, up from $350 million, with an option for an extra $58 million.
The notes have a $7.41 initial conversion price (25% above the $5.93 share price) and are supported by capped call transactions to limit dilution and fund data center growth.
Keel Infrastructure (NASDAQ/TSX: KEEL) plans a private offering of $350 million convertible senior notes due 2032, guaranteed by Bitfarms. Initial purchasers may buy an extra $58 million of notes. Proceeds will fund capped call transactions and general corporate purposes, including data center expansion.
The notes are convertible into cash, stock, or both, with final rate and conversion terms set at pricing. Capped calls aim to limit dilution up to a 100% stock-price premium. The unregistered 144A offering requires Nasdaq and TSX approvals.
Keel Infrastructure (NASDAQ/TSX: KEEL) reported Q1 2026 results and outlined its North American HPC/AI strategy. Keel has exited Latin American megawatts, redomiciled to the U.S., and secured zoning and advanced site development at Panther Creek, Sharon, and Moses Lake.
From continuing legacy operations, Q1 2026 revenue was $37 million, down 23% year over year, with an operating loss of $98 million and loss from continuing operations of $128 million ($0.21 per share). Adjusted EBITDA was negative $17 million, or negative 45% of revenue.
As of May 8, 2026, Keel reported $533 million of liquidity, including $336 million in cash and $197 million in unencumbered Bitcoin, which management states is sufficient to fund Panther Creek, Sharon, and Moses Lake through lease execution and cover G&A through 2028.
Keel Infrastructure (NASDAQ: KEEL) will present at Needham’s Technology, Media & Consumer Conference in New York City on May 12–13, 2026. A management presentation is scheduled for Tuesday, May 12, 4:30–5:10 pm Eastern, with CEO Ben Gagnon and CFO Jonathan Mir presenting and a webcast available. Management will also hold 1x1 meetings; attendees should contact their Needham sales representative to schedule.
Keel Infrastructure (NASDAQ: KEEL) will report First Quarter 2026 financial results on Monday, May 11, 2026 before the market opens. Management will host a conference call the same day at 8:00 AM Eastern.
Q1 2026 materials will be posted in the Quarterly Results section of the Keel investor site before the call. A live webcast and replay will be available, and telephone access requires registration to receive dial-in numbers and a unique PIN.