SkyVolt Energy Signs LOI with Modular Data Center Company Nodiac.ai, Unlocking Potential Additional Revenue from strategic Existing and Future Energy Development Assets
SkyVolt Energy Inc. (“SkyVolt Energy” or the "Company"), is a U.S. renewable energy developer and M&A platform — originating, structuring, and executing solar, wind and battery storage projects end-to-end across the country. Built on years of relationships across utilities, finance, land, and permitting networks, SkyVolt is positioned to originate, acquire and scale a high-quality U.S. renewables portfolio with speed and institutional credibility, and is pleased to announce a Letter of Intent (“LOI”) with Nodiac Corp. (“Nodiac”), a distributed data center power infrastructure company specializing in the development and deployment of modular data centers co-located with renewable energy and other infrastructure assets. The LOI provides a framework to leverage SkyVolt’s portfolio of wind, solar and Battery Energy Storage System (BESS) development sites across North America for the purposes of deployment of distributed AI compute infrastructure on such sites.
Under the terms of the LOI, SkyVolt will share information about its portfolio of wind, solar and BESS sites with Nodiac for screening and assessment against Nodiac’s proprietary suitability criteria in its NORA platform. Both parties have declared their intent to collaborate on deploying modular data centers at suitable sites within SkyVolt’s portfolio, with definitive agreements to be negotiated on a site-by-site basis.
