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ROMA Green Finance (Nasdaq: ROMA) maps AI/HPC push with NXTGrid and BlueFlare deals

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

ROMA Green Finance Limited is outlining a new artificial intelligence and high-performance computing (AI/HPC) infrastructure strategy built around minority stakes and project funding rights. The company has signed a non-binding letter of intent to acquire a 5% equity interest in NXTGrid Compute Power Inc. for total consideration of US$15 million, targeting powered land with approximately 65 MW of first-phase capacity expected to be energized before the end of 2026. ROMA has also signed a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. for US$15 million and, in connection with this, expects a non-exclusive Right of First Offer to provide project-level funding for behind-the-meter data centre sites in Alberta targeting up to 500 MW of aggregate capacity over a multi-year period. On June 12, 2026, ROMA formally established a dedicated AI/HPC infrastructure investment vertical focused on distributed, sub-50 MW compute assets paired with on-site behind-the-meter power generation, extending its ESG and sustainable-finance advisory mandate into energy-efficient digital infrastructure. All contemplated investments and funding rights are described as non-binding and remain subject to due diligence, definitive agreements and required approvals.

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Insights

ROMA is pivoting from pure ESG advisory toward owning and financing AI/HPC infrastructure, but all moves remain early-stage and non-binding.

ROMA is layering a new AI/HPC infrastructure vertical on top of its ESG advisory business, anchored by planned 5% equity stakes of US$15 million each in NXTGrid and BlueFlare. Both target power-constrained compute infrastructure: powered land in Canada and behind-the-meter gas-to-power data centres in Alberta.

The strategy emphasizes distributed, sub-50 MW sites and 1- to 10-MW increments, with NXTGrid’s first phase around 65 MW and BlueFlare’s Alberta program targeting up to 500 MW over multiple years. This aligns with ROMA’s stated belief that power availability and time-to-energization are key constraints in AI/HPC growth.

However, every transaction and the Right of First Offer are governed by non-binding letters of intent and depend on due diligence, financing availability, permits and definitive agreements. Until any deal closes or projects advance, the filing mainly signals strategic intent rather than confirmed financial impact, so its effect on valuation remains uncertain.

NXTGrid equity stake 5% for US$15 million Non-binding letter of intent announced June 23, 2026
BlueFlare equity stake 5% for US$15 million Non-binding letter of intent announced June 15, 2026
NXTGrid first-phase capacity Approximately 65 MW Bathurst, Birtle and Medicine Hat sites targeted before end of 2026
BlueFlare Alberta program capacity Up to 500 MW Distributed BTM data centres in 1–10 MW increments over a multi-year period
Site size range for BlueFlare program Approximately 1 MW to 10 MW each Behind-the-meter data centre portfolio in Alberta
Target asset scale for ROMA vertical Sub-50 MW compute assets AI/HPC infrastructure investment vertical focus
Projected global data-center power capacity Approximately 200 GW by 2030 Independent industry forecast cited for AI/HPC demand backdrop
Projected decade data-center investment Over US$3 trillion Third-party industry forecast referenced by ROMA
non-binding letter of intent financial
"announced that it had entered into a non-binding letter of intent to acquire a five percent (5%) equity interest in NXTGrid"
A non-binding letter of intent is a preliminary document that outlines the main terms and expectations of a proposed transaction—such as a merger, acquisition, investment or partnership—without creating a legally enforceable obligation to complete the deal. Think of it as a written handshake or shopping list: it signals serious interest and sets the framework for negotiations and due diligence, which can move markets, but it does not guarantee the transaction will happen until a final, binding agreement is signed.
behind-the-meter technical
"behind-the-meter (“BTM”) data centre sites developed under BlueFlare’s distributed Alberta program"
Equipment or systems located on a customer’s side of the electricity meter—such as rooftop solar panels, battery storage, electric vehicle chargers, or energy controls—that generate, store, or manage power for use on-site rather than being supplied through the utility’s grid. Investors care because behind-the-meter assets change how much power a customer buys, can create new revenue or savings streams, affect demand patterns, and shift regulatory or business models in the energy market, much like a homeowner installing their own water tank reduces municipal supply needs.
Right of First Offer financial
"expects to be granted a non-exclusive right of first offer (the “Right of First Offer”) to provide project-level funding"
A right of first offer is a contractual agreement that requires an owner to offer an asset or stake to a designated party before marketing it to others; the holder gets the first chance to negotiate terms directly with the seller. For investors, it matters because it can limit who can buy or set the sale price path—like getting the first invitation to buy a sought-after item before it goes on general sale, protecting potential access or controlling competition.
powered land technical
"NXTGrid is a developer of powered land for artificial intelligence, high-performance computing"
Powered land is property that already has a reliable connection to electrical power and basic utility infrastructure, meaning a developer can plug in equipment or buildings without arranging new grid hookups. For investors, it matters because ready access to power reduces upfront cost, shortens project timelines and lowers the risk of delays—think of it like buying a house that already has running water and a working electrical panel versus one that needs all utilities installed.
AI/HPC infrastructure technical
"establishment of a dedicated investment vertical focused on Artificial Intelligence and High-Performance Computing (AI/HPC) infrastructure"
A combined set of specialized computers, networks, storage and software designed to build, train and run large artificial intelligence models and other demanding simulations. Think of it as the engines, workshop and roads that let advanced algorithms run quickly and handle huge amounts of data; stronger infrastructure lets firms develop better products faster, scale services and control costs. Investors watch it because it drives a company’s ability to compete, requires sizable capital and affects future revenue and margins.
project-level funding financial
"Right of First Offer to provide project-level funding for behind-the-meter (“BTM”) data centre sites"
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-41883

 

ROMA GREEN FINANCE LIMITED

(Exact name of registrant as specified in its charter)

 

Flat 605, 6/F., Tai Tung Building,

8 Fleming Road,

Wanchai, Hong Kong

(Address of principal executive offices)

 

 

(Name, Telephone, email and/or fax number and address of Company Contact Person)

 

Indicate by check mark whether the registrant file or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  
     
Form 40-F  

 

 

 

 
 

 

Announcement Regarding Investment in NXTGrid Compute Power Inc.

 

On June 23, 2026, the Company announced that it had entered into a non-binding letter of intent to acquire a five percent (5%) equity interest in NXTGrid Compute Power Inc. (“NXTGrid”) for total consideration of US$15 million. NXTGrid is a developer of powered land for artificial intelligence, high-performance computing, and other high-density compute workloads, securing and owning sites with committed power ahead of demand. NXTGrid expects to own and energize sites in Bathurst, Birtle, and Medicine Hat, representing approximately 65 MW of first-phase capacity targeted to be powered before the end of 2026. The investment is the Company’s second cornerstone position in artificial intelligence and high-performance computing (“AI/HPC”) infrastructure, following the Company’s previously announced US$15 million cornerstone investment in the BlueFlare group. A copy of the press release is filed as Exhibit 99.1 to this Form 6-K.

 

Announcement Regarding Right of First Offer for Project-Level Funding

 

On June 18, 2026, the Company announced that, in connection with the previously disclosed non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. (“BlueFlare”), it expects to be granted a non-exclusive right of first offer (the “Right of First Offer”) to provide project-level funding for behind-the-meter (“BTM”) data centre sites developed under BlueFlare’s distributed Alberta program. The Right of First Offer is expected to be granted under a contemplated master letter of intent between BlueFlare and Bloc3 Energy LLC, in partnership with ZAJA LLC, and is intended to give ROMA the first opportunity to offer site-level financing for each BTM data centre advanced under the program — a distributed portfolio of facilities ranging from approximately 1 MW to 10 MW each, targeting up to 500 MW of aggregate capacity over a multi-year period. A copy of the press release is filed as Exhibit 99.2 to this Form 6-K.

 

Announcement Regarding Investment in BlueFlare Group Holdings Inc.

 

On June 15, 2026, the Company announced that it had entered into a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. for a total consideration of US$15 million. The proposed investment is the first under the Company’s newly established AI/HPC infrastructure investment vertical and represents the Company’s first direct equity position in a BTM compute infrastructure platform. BlueFlare Group Holdings Inc. is the parent company and sole owner of BlueFlare Energy Solutions Inc. (“BFE Solutions”) and its affiliated operating subsidiaries. A copy of the press release is filed as Exhibit 99.3 to this Form 6-K.

 

Announcement Regarding Establishment of AI/HPC Infrastructure Investment Vertical

 

On June 12, 2026, the Company announced the establishment of a dedicated investment vertical focused on Artificial Intelligence and High-Performance Computing (AI/HPC) infrastructure. The vertical extends the Company’s sustainable-finance and ESG advisory mandate into low-carbon, energy-efficient digital infrastructure, targeting distributed, sub-50 MW compute assets paired with on-site behind-the-meter (BTM) power generation in low-cost energy jurisdictions. A copy of the press release is filed as Exhibit 99.4 to this Form 6-K.

 

This Report on Form 6-K shall not constitute or form a part of an offer to sell or a solicitation of an offer to purchase, or the solicitation to sell, any securities of the Company.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press release dated June 23, 2026 regarding investment in NXTGrid Compute Power Inc.
99.2   Press release dated June 18, 2026 regarding right of first offer for project-level funding
99.3   Press release dated June 15, 2026 regarding investment in BlueFlare Group Holdings Inc.
99.4   Press release dated June 12, 2026 regarding establishment of AI/HPC Infrastructure Investment Vertical

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized, on June 23, 2026.

 

  ROMA GREEN FINANCE LIMITED
     
  By: /s/ Luk Huen Ling Claire
  Name: Luk Huen Ling Claire
  Title: Chairlady, Executive Director and Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

ROMA Green Finance Advances Its Cornerstone AI/HPC Infrastructure Platform with a US$15 Million Powered-Land Investment in NXTGrid Compute Power

 

Second cornerstone position in ROMA’s AI/HPC strategy — pairing with its BlueFlare investment to assemble owned, energized infrastructure. NXTGrid’s powered-land-first model targets approximately 65 MW of first-phase capacity in Bathurst, Birtle, and Medicine Hat, positioned to host high-performance computing on timelines the grid cannot match.

 

Hong Kong — June 23, 2026 — ROMA Green Finance Limited (Nasdaq: ROMA) (“ROMA” or the “Company”) today announced that it has entered into a non-binding letter of intent to acquire a five percent (5%) equity interest in NXTGrid Compute Power Inc. (“NXTGrid”) for total consideration of US$15 million. The investment is ROMA’s second cornerstone position in artificial intelligence and high-performance computing (“AI/HPC”) infrastructure, following the Company’s previously announced US$15 million cornerstone investment in the BlueFlare group. Together, these positions form the foundation of a deliberate, capital-disciplined program to build direct exposure to owned, energized compute infrastructure.

 

ROMA’s thesis is straightforward: the binding constraint on the AI buildout is not chips or demand, but available power and time-to-energization. NXTGrid is purpose-built for that constraint. As a developer of powered land, NXTGrid secures and owns sites with committed power ahead of demand — converting them into energization-ready capacity that can host high-performance computing far faster than conventional, grid-queue-dependent development.

 

NXTGrid expects to own and energize sites in Bathurst, Birtle, and Medicine Hat, representing approximately 65 megawatts (MW) of first-phase capacity targeted to be powered before the end of 2026 — a concrete, near-term milestone rather than a long-dated ambition. NXTGrid intends for this initial phase to anchor a broader portfolio of distributed, owned powered-land sites across Canada.

 

The NXTGrid position complements ROMA’s investment in the BlueFlare group and advances the Company’s stated strategy of allocating capital toward powered land, behind-the-meter generation, and high-density compute assets positioned to serve accelerating AI/HPC demand. ROMA intends to pursue this program on a staged, disciplined basis, prioritizing cornerstone positions in scarce, deployable infrastructure.

 

“Powered, ready-to-energize land is the scarcest asset in the AI economy, and ROMA is assembling direct exposure to it,” said Claire Luk, Chief Executive Officer of ROMA Green Finance Limited. “NXTGrid’s 65-megawatt first phase, targeted to be energized this year, is exactly the kind of concrete, near-term capacity we want anchoring our platform. Paired with our BlueFlare position, it gives ROMA two complementary cornerstones in a single, coherent AI/HPC infrastructure strategy.”

 

“ROMA’s cornerstone backing validates our powered-land-first model and accelerates our path to energization,” said Craig Mataczynski, CEO of NXTGrid Compute Power Inc. “Our focus is simple: own the land, secure the power, and be ready to host high-performance compute before the grid can. We are driving our Bathurst, Birtle, and Medicine Hat sites toward powered, year-end-2026 capacity.”

 

The proposed investment is non-binding and remains subject to satisfactory completion of due diligence and the negotiation and execution of definitive agreements; there can be no assurance that the transaction will be completed on the terms described, or at all. ROMA intends to provide further detail regarding the transaction and its broader AI/HPC infrastructure strategy in subsequent disclosures.

 

About NXTGrid Compute Power Inc.

 

NXTGrid Compute Power Inc. is a developer of powered land for artificial intelligence, high-performance computing, and other high-density compute workloads. NXTGrid secures and owns land with committed power ahead of demand, delivering energization-ready sites positioned to host compute on timelines that grid-connected development cannot match.

 

About ROMA Green Finance Limited

 

Roma Green Finance Limited (Nasdaq: ROMA) is a Cayman Islands holding company that, through its operating subsidiaries based in Hong Kong and Singapore, provides ESG, corporate governance and risk management, and sustainability and climate-change related advisory services. The Company’s services include sustainability strategy advisory, ESG reporting, climate-change strategies and solutions, environmental compliance audit, ESG rating support, shareholder communication, and education and training. ROMA is pursuing direct exposure to AI/HPC and digital infrastructure assets, including powered land, behind-the-meter generation, and high-density compute. ROMA’s ordinary shares trade on the Nasdaq Capital Market under the symbol “ROMA.” Additional information is available at www.romaesg.com.

 

Pending securities counsel approval prior to issuance | Page 1
 

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the anticipated benefits and completion of ROMA’s investment in NXTGrid Compute Power Inc.; NXTGrid’s expected ownership, development, financing, energization, and timing of sites in Bathurst, Birtle, and Medicine Hat; the approximately 65 MW of first-phase capacity and its targeted energization before the end of 2026; NXTGrid’s broader powered-land portfolio plans; ROMA’s broader AI/HPC platform and capital-allocation strategy; and ROMA’s investment in the BlueFlare group. Words such as “expects,” “targets,” “intends,” “plans,” “believes,” “anticipates,” “will,” and similar expressions identify forward-looking statements.

 

These statements are based on current expectations and assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including but not limited to: the failure to finalize, perform, or close definitive agreements (including the NXTGrid investment described herein); ROMA’s ability to obtain or arrange the capital required to fund its investments and execute its strategy, and the terms on which any such capital may be available; NXTGrid’s ability to acquire or control the targeted sites, secure power, obtain permits, finance, construct, and energize capacity on the expected timeline (including before the end of 2026) or at all; the risk that first-phase capacity differs from approximately 65 MW; and regulatory, market, and economic conditions, as well as other risks described in ROMA’s filings with and submissions to the U.S. Securities and Exchange Commission. There is no assurance that any site, capacity, energization timeline, financing, or anticipated benefit described herein will be realized. ROMA undertakes no obligation to update any forward-looking statement except as required by law.

 

Investor & Media Contacts

 

ROMA Green Finance Limited

HBK Strategy Limited

ir@hbkstrategy.com

+852 2156 0223

 

Source: ROMA Green Finance Limited. The material terms of this transaction are expected to be furnished to the U.S. Securities and Exchange Commission under cover of Form 6-K.

 

Pending securities counsel approval prior to issuance | Page 2

 

 

Exhibit 99.2

 

Roma Green Finance to Receive Right of First Offer to Provide Project-Level Funding for Up to 500 Megawatts of Distributed Behind-the-Meter Data Centre Capacity in Alberta, Canada

 

Under a Contemplated Master LOI Between BlueFlare and Bloc3 Energy LLC, in Partnership with ZAJA LLC, ROMA Would Be Granted a Non-Exclusive Right of First Offer on Site-Level Financing Across a Portfolio of 1- to 10-MW BTM Data Centres Targeting Up to 500 MW in Alberta

 

HONG KONG, June 18, 2026 (GLOBE NEWSWIRE) — Roma Green Finance Limited (Nasdaq: ROMA) (“ROMA” or the “Company”), an environmental, social and governance (“ESG”), sustainability and climate-change advisory company, today announced that, in connection with its previously disclosed non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. (“BlueFlare”), it expects to be granted a non-exclusive right of first offer (the “Right of First Offer”) to provide project-level funding for the behind-the-meter (“BTM”) data centre sites developed under BlueFlare’s distributed Alberta program. The Right of First Offer is expected to be granted under a contemplated master letter of intent (the “Master LOI”) between BlueFlare and Bloc3 Energy LLC (“Bloc3 Energy”), in partnership with ZAJA LLC (“ZAJA”).

 

The Right of First Offer is intended to give ROMA the first opportunity to offer site-level financing for each BTM data centre advanced under the program — a distributed portfolio of facilities ranging from approximately 1 MW to 10 MW each, targeting up to 500 megawatts (“MW”) of aggregate capacity over a multi-year period. The Right of First Offer would not be an exclusive arrangement; where ROMA does not offer financing, or the parties do not agree on terms, the sponsors would remain free to pursue alternative project-level capital. The Company believes the arrangement would nonetheless provide ROMA with early, recurring access to a pipeline of discrete, modular project-financing opportunities, aligned with the phased manner in which capacity is expected to come online.

 

BlueFlare and Bloc3 Energy are advancing toward the Master LOI to jointly develop up to 500 MW of distributed BTM data centres across Alberta, Canada, configured as a portfolio of individual sites ranging from approximately 1 MW to 10 MW each. ZAJA, a data centre advisory and consulting firm, is partnered with Bloc3 Energy in connection with the program. The program is designed to co-locate compute load directly behind natural-gas generation in the province, reducing reliance on grid interconnection timelines and positioning the parties to serve growing demand for scalable artificial intelligence (“AI”) and high-performance computing (“HPC”) infrastructure.

 

BlueFlare is an Alberta-incorporated, vertically integrated BTM gas-to-power and AI/HPC platform. Its distributed, modular model — deploying capacity in 1 MW to 10 MW increments across multiple sites rather than as a single large campus — is designed to scale in line with tenant demand, gas availability and engineering studies, while spreading development across the Alberta corridor. Initial sites would be advanced first, with additional capacity phased in over time as power supply, tenant commitments, financing and required approvals are secured. Development of the full 500 MW of contemplated capacity would occur over a multi-year period and remains subject to numerous conditions.

 

“Our prospective investment in BlueFlare is about more than a minority stake,” said Claire Luk, Chief Executive Officer of ROMA. “A right of first offer over project-level funding gives ROMA a direct line of sight into a recurring pipeline of modular, behind-the-meter financings as Alberta’s compute demand scales — the kind of repeatable, infrastructure-linked opportunity set at the intersection of energy and the digital economy that fits our strategy.”

 

“Demand for behind-the-meter compute in Alberta is accelerating, and our distributed platform is built to meet it in the one-to-ten-megawatt increments the market is demanding,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare. “Pairing that build-out with a capital partner that has the first opportunity to fund projects at the site level is the most capital-efficient path to scaling a dense, distributed portfolio across the province.”

 

ROMA has not made any investment in BlueFlare to date. The proposed equity subscription, the Right of First Offer and the underlying Master LOI are non-binding and remain subject to, among other things, the completion of due diligence; the availability of power, sites, financing and required regulatory approvals; and the negotiation and execution of definitive agreements, none of which has occurred. The Company evaluates a prospective investment in BlueFlare as part of its broader strategy of supporting platforms positioned at the intersection of energy infrastructure and the digital economy, and intends to provide further updates to shareholders as the parties progress toward definitive documentation.

 

About Roma Green Finance Limited

 

Roma Green Finance Limited (Nasdaq: ROMA) is a Cayman Islands holding company that, through its operating subsidiaries based in Hong Kong and Singapore, provides ESG, corporate governance and risk management, and sustainability and climate-change related advisory services. The Company’s services include sustainability strategy advisory, ESG reporting, climate-change strategies and solutions, environmental compliance audit, ESG rating support, shareholder communication, and education and training. ROMA’s ordinary shares trade on the Nasdaq Capital Market under the symbol “ROMA.” Additional information is available at www.romaesg.com.

 

 
 

 

About BlueFlare Group Holdings Inc.

 

BlueFlare Group Holdings Inc. is an Alberta-incorporated, vertically integrated behind-the-meter gas-to-power and AI/HPC infrastructure platform operating under the tagline “From Wellhead to Workload.” Through its wholly owned subsidiaries, including BlueFlare Energy Solutions, BlueFlare develops and operates distributed BTM power and compute sites that co-locate data centre load directly behind natural-gas generation in Alberta, Canada.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements, including, without limitation, statements regarding the grant of the Right of First Offer under the contemplated Master LOI and any project-level funding ROMA may provide; the proposed Master LOI among BlueFlare, ZAJA and Bloc3 Energy; the contemplated development of up to 500 MW of distributed behind-the-meter data centre capacity in Alberta; the expected size, timing, phasing and economics of any such development; and ROMA’s evaluation of, and any decision to make, a prospective investment in BlueFlare.

 

Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties, and speak only as of the date they are made. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including the failure of the parties to execute the Master LOI or any definitive agreements, the failure to grant or exercise the Right of First Offer, the failure of ROMA to complete due diligence or to make any investment in BlueFlare, the availability of power, sites, financing and required regulatory approvals, and prevailing market conditions. The Company undertakes no obligation to update any forward-looking statement publicly in light of new information or future events, except as required by law. More information, including potential risk factors, is included in the Company’s filings with the U.S. Securities and Exchange Commission, including its Reports on Form 6-K and its Annual Report on Form 20-F, all of which are available at www.sec.gov.

 

Investor Contact

 

IR Contact:

HBK Strategy Limited

ir@hbkstrategy.com

+852 2156 0223

 

 

 

 

Exhibit 99.3

 

ROMA Green Finance to Invest US$15 Million in BlueFlare Group Holdings Inc., Owner of BlueFlare Energy Solutions, Targeting the Underserved Sub-10 MW Segment of a Data-Center Buildout Forecast to Exceed US$3 Trillion This Decade

 

Cornerstone equity investment is ROMA’s first under its newly established behind-the-meter AI/HPC infrastructure vertical; BlueFlare Group Holdings Inc. is the parent of BlueFlare Energy Solutions Inc., whose pipeline includes a previously announced 10 MW high-performance computing site for AVAX One and a roadmap of micro-scale (<10 MW) distributed data centers across Western Canada.

 

ROMA, Hong Kong, and CALGARY, Alberta, Canada, June 15, 2026 (GLOBE NEWSWIRE) — ROMA Green Finance Limited (Nasdaq: ROMA) (“ROMA” or the “Company”) today announced that it has entered into a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. (“BlueFlare” or the “BlueFlare Group”) for total consideration of US$15 million. BlueFlare Group Holdings Inc. is the parent company and sole owner of BlueFlare Energy Solutions Inc. (“BFE Solutions”) and its affiliated operating subsidiaries. The proposed investment is the first under the dedicated AI/HPC infrastructure investment vertical that ROMA established on June 12, 2026, and represents the Company’s first direct equity position in a behind-the-meter compute infrastructure platform. ROMA’s capital would be subscribed at the BlueFlare Group holding-company level and, on closing, will contribute to BFE Solutions, the group’s principal operating subsidiary, to fund its buildout. The proposed investment is non-binding and remains subject to the satisfactory completion of due diligence and the negotiation and execution of definitive agreements; there can be no assurance that the transaction will be completed on the terms described, or at all.

 

ROMA’s investment is timed to accelerating demand for AI/HPC capacity. Independent industry forecasts project that global data-center power capacity could roughly double to approximately 200 gigawatts by 2030 and that cumulative investment in data-center infrastructure could exceed US$3 trillion over the coming decade. ROMA believes the most acute constraint in this buildout is not demand but available power and time-to-energization — particularly in the sub-10 megawatt segment that BlueFlare targets and that conventional, grid-dependent development underserves.

 

BlueFlare is an Alberta-based developer of behind-the-meter (“BTM”) power generation and distributed compute infrastructure. The company designs, builds, and manages on-site natural gas generation paired with high-density computing facilities, enabling AI and HPC workloads to be energized on timelines that grid-connected projects cannot match. BlueFlare operates through its subsidiaries BFE Solutions, BFE Resources, and BFE Equipment. Its leadership team includes Chief Executive Officer Landon Ruszkowski, Chief Financial Officer Walter Mello, Chief Technology Officer Noah Cramer, and Vice President of Operations Pierce McWilliams.

 

ROMA’s capital is intended to support BlueFlare’s project pipeline. BlueFlare has a previously announced contract — currently pending finalization of definitive agreements — to develop a 10 MW HPC site for AVAX One Technology. BlueFlare also plans to develop a portfolio of micro-scale, distributed data centers, each below 10 MW, sited at or near stranded and underutilized natural gas resources across Western Canada.

 

The transaction advances ROMA’s stated strategy of allocating capital toward powered land, behind-the-meter generation, and high-density compute assets positioned to serve accelerating AI/HPC demand.

 

“This is a disciplined, picks-and-shovels investment in the infrastructure layer of the AI era,” said Claire Luk, CEO of ROMA Green Finance Limited. “Compute is constrained by power and by time-to-energization, not by demand. BlueFlare’s behind-the-meter model attacks both constraints at once, and a US$15 million cornerstone stake gives ROMA direct, scalable exposure to the underserved sub-10 megawatt segment. We see this as the foundation of a deliberate AI/HPC infrastructure strategy.”

 

“ROMA’s commitment validates the model we have built and accelerates our buildout,” said Landon Ruszkowski, Chief Executive Officer of BlueFlare Group Holdings Inc. “With this capital behind us, we can advance our pending 10 MW project for AVAX One and expand our pipeline of micro-scale, distributed data centers. Behind-the-meter generation is how compute gets powered when the grid cannot keep up, and we are positioned to deliver it.”

 

ROMA intends to provide further detail regarding the transaction and its broader AI/HPC infrastructure strategy in subsequent disclosures.

 

About BlueFlare Group Holdings Inc.

 

BlueFlare Group Holdings Inc. is an Alberta-based holding company and the parent of BlueFlare Energy Solutions Inc., BlueFlare Energy Resources Inc., and BlueFlare Energy Equipment Inc. Through these operating subsidiaries (BFE Solutions, BFE Resources, and BFE Equipment), BlueFlare develops behind-the-meter power generation and distributed compute infrastructure, delivering design-build-manage solutions that pair on-site natural gas generation with high-density data-center capacity for AI and high-performance computing workloads.

 

 
 

 

About ROMA Green Finance Limited

 

ROMA Green Finance Limited (Nasdaq: ROMA) is a Cayman Islands incorporated company whose operating companies carrying on the business of ESG, corporate governance and risk management as well as sustainability and climate change related advisory services. It is now pursuing direct exposure to AI/HPC and digital infrastructure assets, including powered land, behind-the-meter generation, and high-density compute.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of applicable securities laws, including statements regarding the anticipated benefits and completion of ROMA’s investment in BlueFlare Group Holdings Inc.; the development, financing, timing, and completion of the BlueFlare Group’s project pipeline, including its pending arrangement with AVAX One Technology and its planned micro-scale distributed data centers; projected industry growth, data-center power capacity, and infrastructure investment; and ROMA’s strategy in the AI/HPC infrastructure sector. Words such as “intends,” “plans,” “expects,” “anticipates,” “believes,” “targets,” “pending,” “will,” and similar expressions identify forward-looking statements.

 

These statements are based on current expectations and assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially, including but not limited to: the failure to finalize, perform, or close definitive agreements (including BlueFlare’s pending arrangement with AVAX One Technology and the BlueFlare investment described herein); BlueFlare’s ability to develop, finance, permit, energize, and operate its projects on expected timelines or at all; the accuracy of third-party industry forecasts; ROMA’s ability to fund its investment and execute its strategy; and regulatory, market, and economic conditions, as well as other risks described in ROMA’s filings with and submissions to the U.S. Securities and Exchange Commission. There is no assurance that any project, pipeline, or anticipated benefit described herein will be realized. ROMA undertakes no obligation to update any forward-looking statement except as required by law.

 

Statements regarding industry size, growth rates, and capacity (including references to approximately 200 gigawatts of data-center power capacity by 2030 and cumulative data-center infrastructure investment exceeding US$3 trillion over the coming decade) are based on third-party sources that ROMA believes to be reliable but has not independently verified.

 

Investor & Media Contacts

 

ROMA Green Finance Limited

IR Contact:

HBK Strategy Limited

ir@hbkstrategy.com

+852 2156 0223

 

BlueFlare Group Holdings Inc. Landon Ruszkowski, CEO landon@goblueflare.com

 

Source: ROMA Green Finance Limited. The material terms of this transaction are expected to be furnished to the U.S. Securities and Exchange Commission under cover of Form 6-K.

 

 

 

 

Exhibit 99.4

 

ROMA Green Finance Establishes Dedicated Artificial Intelligence and High-Performance Computing Infrastructure Investment Vertical

 

New vertical extends ROMA’s sustainable-finance mandate into energy-efficient, behind-the-meter-powered digital infrastructure; Company is evaluating a pipeline of distributed, sub-50 MW AI/HPC investment opportunities, subject to diligence, definitive documentation, and board approval.

 

ROMA, HONG KONG, June 12, 2026 (GLOBE NEWSWIRE) — ROMA Green Finance Limited (Nasdaq: ROMA) (“ROMA” or the “Company”) today announced the establishment of a dedicated investment vertical focused on Artificial Intelligence and High-Performance Computing (AI/HPC) infrastructure. The vertical extends the Company’s sustainable-finance and ESG advisory mandate into low-carbon, energy-efficient digital infrastructure.

 

The vertical targets distributed, sub-50 MW compute assets paired with on-site behind-the-meter (BTM) power generation in low-cost energy jurisdictions. ROMA believes this approach is differentiated from large-scale hyperscale development and is defensible on ESG grounds through improved energy efficiency, reduced grid dependence, and disciplined, partnership-led capital deployment.

 

Strategic Highlights

 

Extends ROMA’s sustainable-finance and ESG advisory mandate into energy-efficient digital infrastructure.
Targets distributed, sub-50 MW AI/HPC compute assets paired with on-site behind-the-meter (BTM) power generation in low-cost energy jurisdictions.
Pursues a capital-disciplined, asset-light, partnership-led strategy intended to differentiate the Company from hyperscale developers.
The Company is evaluating a pipeline of potential investments; any specific transaction will be publicly disclosed if and when a definitive agreement is reached that would be material to the Company.
All investment activity is subject to due diligence, the execution of definitive documentation, and board approval.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the matters described in this release, including timing, scope, and anticipated benefits. Words such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “target,” “may,” “will,” and similar expressions are intended to identify forward-looking statements.

 

These statements are based on the Company’s current expectations and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially. The transaction(s) described herein, where applicable, are governed by a non-binding letter of intent, remain subject to due diligence, the negotiation and execution of definitive documentation, and any required corporate, regulatory, and third-party approvals, and may not be completed on the terms described or at all. The Company undertakes no obligation to update any forward-looking statement except as required by law. Additional information concerning risks and uncertainties is contained in the Company’s filings furnished to or filed with the U.S. Securities and Exchange Commission, including on Form 6-K and the Company’s Annual Report on Form 20-F.

 

Investor & Media Contact

 

Clarie Luk, CEO, claireluk@romagroup.com, (+852) 2529-6878

 

 

 

FAQ

What AI/HPC investments is ROMA Green Finance (ROMA) planning with NXTGrid?

ROMA has entered a non-binding letter of intent to buy a 5% equity interest in NXTGrid Compute Power for US$15 million. NXTGrid develops powered land and expects about 65 MW of first-phase capacity in Bathurst, Birtle and Medicine Hat, targeted to be energized before the end of 2026.

What is ROMA Green Finance’s proposed investment in BlueFlare Group Holdings Inc.?

ROMA signed a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. for US$15 million. Capital would be injected at the holding-company level and, on closing, contributed to BlueFlare Energy Solutions to help fund behind-the-meter gas-to-power and distributed compute projects.

What does the Right of First Offer mean for ROMA Green Finance (ROMA)?

ROMA expects a non-exclusive Right of First Offer to provide project-level funding for BlueFlare’s Alberta behind-the-meter data centre sites. This would give ROMA the first opportunity to finance individual 1- to 10-MW projects in a program targeting up to 500 MW of aggregate capacity over several years.

What is ROMA Green Finance’s new AI/HPC infrastructure investment vertical?

ROMA created a dedicated AI/HPC infrastructure investment vertical on June 12, 2026. The platform targets distributed, sub-50 MW compute assets paired with on-site behind-the-meter power generation in low-cost energy jurisdictions, extending its sustainable-finance and ESG advisory mandate into energy-efficient digital infrastructure investments.

How do NXTGrid and BlueFlare fit into ROMA Green Finance’s AI/HPC strategy?

NXTGrid and BlueFlare are described as cornerstone positions in ROMA’s AI/HPC infrastructure program. NXTGrid focuses on powered land with committed power, while BlueFlare develops behind-the-meter gas-to-power data centres, together giving ROMA exposure to power-constrained AI/HPC compute capacity via minority stakes and potential project financing.

Are ROMA Green Finance’s proposed AI/HPC investments and funding rights binding commitments?

No, all of ROMA’s contemplated NXTGrid and BlueFlare investments and the Right of First Offer are non-binding at this stage. They remain subject to due diligence, availability of power, sites and financing, required approvals, and the negotiation and execution of definitive agreements that may or may not be completed.

Filing Exhibits & Attachments

4 documents