FingerMotion's Alberta Power Program Attracts 52.5 MW of Interest, Signaling Growth in Behind-the-Meter Compute
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FingerMotion (NASDAQ: FNGR) has announced that it has received indications of interest totaling approximately 52.5 MW of capacity within its 99 MW Alberta behind-the-meter power and compute program, according to a press release. The program comprises ten 9.9 MW generation and data hall sites grouped into four campuses in the Brooks, Coronation, Fox Creek, and Vulcan Zones, representing approximately 72 MW of aggregate continuous critical IT capacity. This development underscores the increasing convergence of power generation and compute infrastructure, a trend that could have significant implications for the energy and technology sectors in Texas and beyond.
The company said two sites, Brooks Campus #1 and Hanna Campus #1, have been secured through binding letters of intent and are expected to close in October, while requests for proposals are in process for on-site generation equipment at both locations. The indications of interest are not binding offtake agreements, do not constitute contracted demand, and do not guarantee customer contracts will be executed. FingerMotion said its process is to secure land with power, obtain permits, and contract capacity to offtake clients before beginning construction. BlueFlare Group Holdings Inc., which performs development, construction, and site operations without taking title to project assets, has received indications of interest from potential commercial offtakers for up to 52.5 MW.
For Texas businesses, this news matters because it signals a growing market for behind-the-meter power solutions that can support data-intensive operations such as cryptocurrency mining, AI computing, and other high-performance applications. As Texas continues to attract technology and energy companies, the ability to secure reliable, scalable power and compute capacity is becoming a competitive advantage. FingerMotion's progress in Alberta could serve as a model for similar projects in Texas, where abundant energy resources and a business-friendly regulatory environment make it an attractive location for such developments. The involvement of BlueFlare Group Holdings, a company that specializes in development and operations, further highlights the specialized expertise required to bring these complex projects to fruition.
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