FingerMotion Advances 99 MW Alberta Power and Compute Development Program

FingerMotion Inc. (NASDAQ: FNGR) has provided an update on its Alberta power and compute development program, where it is advancing ten 9.9-megawatt behind-the-meter generation and data hall sites across four campuses in Brooks, Coronation, Fox Creek and Vulcan. The sites represent 99 megawatts of gross generation capacity in development and approximately 72 megawatts of aggregate continuous critical IT capacity, according to the company's announcement.

FingerMotion is the sole shareholder of the dedicated Alberta project company for each site, with each project company holding title to the land, permits and site agreements. BlueFlare Group Holdings Inc. performs development, construction and site operations but holds no title to the project assets. This structure ensures FingerMotion retains ownership of the core assets while leveraging BlueFlare's operational expertise.

The company is targeting completion of permitting for all 10 sites by the end of the first quarter of 2027, with site energization expected to begin in late fourth quarter 2026 and data hall turnover approximately 18 months after the applicable permit is awarded. FingerMotion plans to secure long-term take-or-pay agreements with artificial intelligence and high-performance computing customers before committing construction capital to individual sites. This approach minimizes financial risk by aligning development with confirmed demand.

FingerMotion also intends to begin permitting an additional 15 9.9-megawatt sites in the first quarter of 2027, expanding its campuses as customer demand requires. The company will provide the power and physical data center infrastructure while customers supply their own GPUs, servers, network equipment, transport and platform software. This division of responsibilities allows FingerMotion to focus on infrastructure while customers manage their specialized computing hardware.

To view the full press release, visit https://ibn.fm/GG5tK. The latest news and updates relating to FNGR are available in the company’s newsroom at https://ibn.fm/FNGR.

This development matters because it addresses the growing demand for AI and high-performance computing infrastructure, which requires significant power and data center capacity. By advancing these projects in Alberta, FingerMotion is positioning itself to serve customers in a rapidly expanding market. The take-or-pay model provides revenue visibility and reduces the risk of speculative construction, which could be attractive to investors. For the industry, this move signals continued investment in behind-the-meter generation and data hall solutions, which can help alleviate grid constraints and support the scaling of AI workloads. As AI adoption accelerates, access to reliable and scalable compute infrastructure becomes critical, and FingerMotion's progress in Alberta could serve as a model for similar developments in other regions.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.