MCAP MediaWire
16 Jun 2026, 14:54 UTC · 1h ago
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The City of Mora has pledged a €3 billion technology investment to establish the region as a European digital hub. — A multi-billion euro commitment provides significant financial backing and validation for the project's scale and viability.
+0.60EdgeMode (OTC: EDGM) signed an MOU with the City of Mora to develop the 300 MW 'DC Malpica' data center campus in Spain. — Securing a site for a large-scale AI/HPC campus is a material growth catalyst for a specialized infrastructure developer.
+0.40The DC Malpica project is part of EdgeMode's broader Spanish portfolio, which totals over 4.35 GW of planned capacity. — This indicates a massive scale of ambition and a pipeline of assets that could drive long-term enterprise value.
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The project will utilize solid oxide fuel cell microgrid solutions to provide energy-efficient power to the site. — The use of advanced energy tech mitigates power-availability risks, which are the primary bottleneck for AI data center deployment.
+0.20Which stocks this story touches
The company signed a Memorandum of Understanding to develop a 300 MW data center campus backed by a €3 billion investment pledge.
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