Bitdeer announces acquisition of 101MW site in Alberta for $21.7M

Bitdeer (BTDR) Technologies “announced the successful close of the acquisition of a fully licensed and permitted 101 MW site and gas-fired power project situated on 19 acres of land near Fox Creek, Alberta in an all-cash transaction for $21.7 million. The site has potential to scale to 1 GW of power, reflecting Alberta’s abundant energy resources, supportive regulatory posture and pro-business environment. The 101 MW gas-fired power project includes all permits and licenses required to construct an on-site natural gas power plant, as well as approval for a 99 MW grid interconnection with Alberta Electric System Operator. Bitdeer will develop and construct the power plant in partnership with a leading Engineering, Procurement and Construction company and is expected to be energized by Q4 2026.”