EdgeMode announces portfolio review, accelerates Spanish AI projects

EdgeMode, a US-based datacentre developer, is seeking to rescind a stock speech statement from earlier successful 2025, pursuing the find of issues during an interior reappraisal of its portfolio.

The institution announced this determination arsenic portion of a strategical valuation and provided updates connected its AI datacentre developments successful Spain. The rescission process, which whitethorn necessitate judicial intervention, aims to reverse the transaction based connected recently uncovered information.

The imaginable interaction of this rescission represents little than 5.5% of EdgeMode's 1.8 gigawatts (GW) gross capableness AI datacentre portfolio successful Spain.

As a further result of the review, EdgeMode's committee has terminated astir 385 cardinal unexercised banal options, eliminating 12.8% of imaginable dilution.

If the rescission is completed, the institution expects up to 1.56 cardinal shares issued nether the statement to instrumentality to treasury. This perchance reduces much than 50% of some imaginable and outstanding dilution.

Amid these developments, EdgeMode continues progressing with its AI datacentre projects successful Spain, which see a important 1.5 GW IT capacity.

The institution is processing scalable AI-ready datacentre campuses and integrated vigor infrastructure crossed strategical planetary markets, focusing connected gathering the increasing request for AI and high-performance computing.

To guarantee governance stableness during this transition, EdgeMode has introduced a Series D preferred people of stock, designed to enactment accordant oversight without causing economical dilution for communal shareholders.

EdgeMode CEO Charlie Faulkner said: “The steps we person taken fortify our superior operation and let america to absorption afloat connected advancing our AI information halfway improvement pipeline successful Spain.

“Our volition is to guarantee the institution is positioned securely for the adjacent signifier of growth, and we look guardant to sharing further updates arsenic milestones are achieved.”

In November 2025, EdgeMode signed a definitive statement with Spanish vigor and infrastructure radical Blackberry AIF (BAIF) to co-develop 5 large-scale datacentre sites successful Spain.

Under this arrangement, EdgeMode volition clasp a 75% involvement successful a peculiar intent vehicle, with BAIF retaining 25%. EdgeMode volition beryllium liable for financing and advancing these sites to the Ready-to-Build (RTB) stage.

The planned improvement encompasses implicit 1.5GW of Tier 3 datacentre capacity, marking it arsenic 1 of Europe's largest ongoing AI-focused infrastructure initiatives.

Upon reaching RTB status, each tract could execute merchantability valuations of up to $1m per megawatt, driven by European request for hyperscale and AI-compute capabilities.