Keel Infrastructure Added to Russell 3000® Index
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.
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Rhea-AI Summary
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.
Positive
- Added to Russell 3000® Index effective June 29, 2026
- Inclusion may increase visibility with U.S. institutional investors
- Company highlights 18 months of energy pipeline development
- Management reports assembling a world-class digital infrastructure team
Negative
- None.
Details
News Market Reaction – KEEL
On Jun 29, the day this news came out, KEEL closed 4.15% below the previous close.
Data tracked by StockTitan Argus for the Jun 29 session.
Key Figures
- Index size
- 3000
- Constituents of the Russell 3000 Index
- Strategic build period
- 18 months
- Time spent advancing energy pipeline and team build-out
- Effective date
- June 29, 2026
- Inclusion in Russell 3000 Index effective at U.S. market open
Historical Context
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Completion of $458M 2032 convertible senior notes offering with capped calls.
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Pricing of upsized $400M 1.250% 2032 convertible notes plus $58M option.
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Announcement of proposed $350M 2032 convertible notes offering with extra $58M.
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Q1 revenue decline and losses but highlighted $533M liquidity and strategy shift.
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Announcement of Needham conference presentation and investor meetings in New York.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
russell 3000 index financial
russell indexes reconstitution financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (Nasdaq: KEEL; TSX: KEEL) (“Keel Infrastructure” or “Keel”), a North American digital infrastructure and energy company, has been added as a member of the broad-market Russell 3000® Index, effective as of U.S. market open today, as part of the first 2026 Russell indexes reconstitution.
“Inclusion in the Russell Index marks a meaningful milestone for Keel, one that reflects the deliberate and strategic steps we’ve taken to build a U.S. digital and energy infrastructure company,” said Ben Gagnon, CEO. “We’ve spent the last 18 months advancing our energy pipeline and assembling a world-class team capable of delivering digital infrastructure at the pace and scale that customers require. We're excited about what the rest of 2026 holds, and we look forward to introducing Keel to a broader set of investors who will have the opportunity to follow our progress as we continue to execute our business plan."
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website at www.lseg.com/en/ftse-russell/russell-reconstitution.
About Keel Infrastructure
Keel Infrastructure is a North American digital infrastructure and energy company that develops and owns data centers and energy infrastructure for high-performance computing workloads, including AI. With a development pipeline of 2.2 gigawatts and established grid interconnections already in place, Keel delivers scalable infrastructure solutions in high-demand power markets across Pennsylvania and Washington in the United States, and Québec in Canada. Keel is headquartered in New York City and trades under the ticker symbol "KEEL" on Nasdaq and TSX. Learn more at www.keelinfra.com.
About FTSE Russell, an LSEG Business
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering
Approximately
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by LSEG.
For more information, visit FTSE Russell.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable U.S. federal securities laws and Canadian securities laws, including statements regarding Keel’s business strategy, development pipeline, energy infrastructure, customer demand, execution plans, investor outreach and expected future progress. Forward-looking statements are based on current expectations, estimates, assumptions and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, among others, risks related to project development, power availability, grid interconnections, customer demand, financing, construction, regulatory approvals, market conditions and other risks described in Keel’s filings with the U.S. Securities and Exchange Commission and applicable Canadian securities regulators. Keel undertakes no obligation to update or revise any forward-looking statements except as required by applicable law.
| Investor Relations Contact: Laine Yonker ir@keelinfra.com | Media Contact: Amanda Ignatius media@keelinfra.com |
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