Keel Infrastructure releases transcript of Q2 2026 earnings call

Keel Infrastructure released prepared remarks for its Q2 2026 earnings call attended by CEO Ben Gagnon, CFO Jonathan Mir, and moderator Laine Yonker.

• Management flagged active lease negotiations across Moses Lake, Sharon, and Panther Creek, citing multiple counterparties per site amid scarce 2027 power.
• Moses Lake (18 MW gross) is targeted as the first fully commissioned, revenue-generating HPC site in 2027; leasing may use modified gross terms to keep operational control.
• Sharon (110 MW gross) is positioned as the first Pennsylvania site ready for service; discussions centered on triple-net structures with investment-grade credit support.
• Liquidity was $819 million as of Aug. 7; Keel raised $458 million of convertible senior notes, earmarked to expand capacity at Panther Creek and Scrubgrass.