ROMA invests US$15 million for 5% stake in 65 MW AI platform
ROMA•ROMA has signed a non-binding LOI to acquire a 5% equity stake in NXTGrid Compute Power Inc. for US$15 million, marking its second cornerstone AI/HPC infrastructure investment following BlueFlare. NXTGrid aims to energize approximately 65 MW of capacity across Bathurst, Birtle and Medicine Hat before end-2026.
1. Non-binding Investment Agreement
ROMA has signed a non-binding letter of intent to acquire a 5% equity interest in NXTGrid Compute Power Inc. for US$15 million, establishing its second cornerstone position in AI/HPC infrastructure following the BlueFlare investment. The transaction remains subject to due diligence and definitive agreements before completion.
2. Energization-ready Infrastructure Plan
NXTGrid’s powered-land-first model secures and owns sites in Bathurst, Birtle and Medicine Hat, targeting approximately 65 MW of first-phase capacity to be energized by the end of 2026. This approach aims to overcome conventional grid delays by delivering near-term, high-density compute-ready land.
3. AI/HPC Strategic Platform
This NXTGrid position complements ROMA’s existing BlueFlare stake and underscores a capital-disciplined program to build a portfolio of powered land, behind-the-meter generation and high-density compute assets. ROMA intends to leverage these cornerstone investments to meet accelerating AI/HPC demand through owned, energized infrastructure.
