GlobeNewsWire
27 May 2026, 12:45 UTC · 2h ago
Source · https://www.globenewswire.com/news-release/2026/05/27/3301980/0/en/BlockchAIn-Executes-15-Year-65-MW-Electric-Service-Agreement-at-CLT-01-to-Meet-Demand-for-AI-Data-Center-Capacity.html
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BlockchAIn Digital Infrastructure has secured a 15-year Electric Service Agreement to increase contracted utility load at its CLT-01 campus from 40 MW to 65 MW. — Securing long-term power is a critical bottleneck for AI data centers; this increase directly expands the company's revenue-generating capacity.
+0.60The 65 MW capacity is immediately available via existing onsite infrastructure, requiring no significant electrical upgrades. — Eliminating construction lead times for power procurement provides a competitive structural advantage and accelerates time-to-market for new tenants.
+0.50The company has letters of intent representing 25 MW of committed critical IT load from a leading AI company and a financial institution. — Direct evidence of demand and a pipeline of high-quality tenants validates the company's repositioning strategy.
+0.40BlockchAIn expects to complete the design and installation of a new AI-optimized data center shell within the next nine months. — Provides a clear timeline for the physical capacity expansion to match the secured power load.
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The company secured a 15-year electric service agreement and expanded its power capacity to meet growing AI and HPC demand.
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