US renewable developer SkyVolt Energy has signed a non-binding Letter of Intent (LOI) with modular data center developer Nodiac Group to power the latter's installations across North America.
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According to the companies, the LOI will provide a framework to utilize SkyVolt’s portfolio of wind, solar, and Battery Energy Storage System (BESS) development sites across North America and explore their deployment with distributed compute infrastructure onsite.
Under the terms of the agreement, SkyVolt will share information about its portfolio of wind, solar, and BESS sites with Nodiac for screening and assessment. Definitive agreements are expected to be negotiated on a site-by-site basis.
“This marks another step in our shift toward power-to-load development - moving beyond raw megawatts to higher-value projects,” said Alexandre Alonso Carpintero, CEO of SkyVolt Energy. “Our planned transaction with Nodiac reflects our conviction that the digital economy must be built on a clean energy foundation. By co-locating data center infrastructure directly at our renewable development sites, we are not only accelerating speed to power for the AI industry - we are helping ensure that the infrastructure powering tomorrow’s economy is sustainable, distributed, and resilient.”
