FingerMotion Inc. (NASDAQ: FNGR), Genius Group Limited (NYSE American: GNS), and BlueFlare Energy Solutions Inc. have signed binding agreements to create GENIUSpark Alberta Inc., a joint venture that will develop high-performance computing (HPC) data centers in Alberta, Canada. FingerMotion will own 51% of the venture, while Genius Group will hold 49%. The first project, Hanna Campus No. 1, will be built on a 20.2-acre site in east-central Alberta and will initially provide 2.4 megawatts (MW) of HPC capacity, supported by 3 MW of grid power and an option for additional natural gas generation. The $24.3 million project is expected to be financed with approximately $14.4 million in debt and $9.9 million in equity. Construction is slated to begin in December 2026, with initial computing operations targeted for the second quarter of 2027, subject to financing, regulatory approvals, and other closing conditions.
At full capacity, the Hanna facility is designed to generate more than $24 million in annual revenue and will serve as a pilot for a broader Alberta expansion. GENIUSpark Alberta is targeting an initial 100 MW of HPC capacity, with a longer-term goal of 1 gigawatt. FingerMotion will oversee site acquisition, power infrastructure, construction, and data center management alongside BlueFlare, while Genius Group will lead education, workforce development, and community programs. Each site aims to contribute 10% of net profits to a locally governed community fund. The partners also intend to explore a potential public listing of GENIUSpark Alberta on the TSX or Nasdaq. For full details, visit https://nnw.fm/mJSBe.
FingerMotion, a technology company with core competencies in mobile payment and recharge platform solutions in China, is expanding into the HPC data center space through this venture. The company’s vision is to grow its user base and develop an ecosystem of highly engaged users, eventually serving over 1 billion users in the China market and expanding to other regions. The latest news and updates relating to FNGR are available in the company’s newsroom at https://nnw.fm/FNGR.
The announcement was distributed by NetworkNewsWire, a specialized communications platform focused on financial news and content distribution for private and public companies and the investment community. NNW is part of the Dynamic Brand Portfolio at IBN, which provides access to wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, press release enhancement, social media distribution, and tailored corporate communications solutions. For full disclaimers, see https://www.NetworkNewsWire.com/Disclaimer.
