Vertical Data (OTCQB: VDTA), a vertically integrated AI infrastructure company providing GPU financing, AI hardware, sovereign cloud and edge data center solutions, entered into a definitive purchase agreement through its majority-owned Vertical Data Nordic AB to acquire an existing industrial data center site with 4.5 MW of power capacity in Sollefteå Municipality in Central Sweden. If the transaction proceeds, Vertical Data intends to continue pursuing an application for up to 100 MW of total power capacity to build out an AI data center facility. The company said the project is among several in an active conversion pipeline representing more than 250 MW of global data center opportunities. Closing is anticipated in the next several weeks and remains subject to financing, corporate approvals, applicable regulatory clearances and other closing conditions.
To view the full press release, visit https://ibn.fm/XvULV
About Vertical Data Inc.
Vertical Data Inc. (OTCQB:VDTA) is an AI infrastructure company operating three platforms. VerticalData.io provides enterprise GPU provisioning and managed infrastructure. GPUfinancing.com arranges structured financing for GPU deployments. Vertical Edge holds equity in the data centers the Company sources, develops, leases and manages. Together, the three platforms deliver hardware, financing and facilities under one company.
For more information, please visit https://verticaldata.io/investor-relations/.
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