ROMA Invests US$15M for 5% Stake in Behind-the-Meter Sub-10 MW Developer
ROMA•ROMA Green Finance entered a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. for US$15 million, marking its first direct equity position in behind-the-meter AI/HPC infrastructure. The investment targets the underserved sub-10 MW data-center segment during a forecasted $3 trillion decade-long buildout.
1. Investment Agreement Details
ROMA Green Finance entered a non-binding letter of intent to subscribe for a 5% equity interest in BlueFlare Group Holdings Inc. for US$15 million, marking its first direct equity position in behind-the-meter AI and high-performance computing infrastructure. The proposed investment remains subject to satisfactory due diligence and execution of definitive agreements.
2. Market Opportunity and Strategy
Forecasts indicate global data-center power capacity could double to approximately 200 GW by 2030, driving a projected $3 trillion in infrastructure investment over the next decade. ROMA’s focused strategy addresses power and time-to-energization constraints in the sub-10 MW segment, leveraging BlueFlare’s on-site natural gas generation paired with high-density compute.
3. BlueFlare Pipeline and Operations
BlueFlare’s active pipeline includes a pending 10 MW high-performance computing site for AVAX One and plans for micro-scale distributed data centers below 10 MW across Western Canada. Operated through its subsidiaries BFE Solutions, BFE Resources, and BFE Equipment, the company delivers behind-the-meter design, build and manage solutions under CEO Landon Ruszkowski.
