3 E Network Issues Strategic Update on Finnish AI Compute Center Following 9 MVA Grid Connection Agreement
Key Highlights
- ➤9 MVA Finnish grid agreement supports Mikkeli AI center’s planned 2027 time-to-market
- ➤20 kV grid access may reduce infrastructure execution risks for the Mikkeli project
- ➤Centralized 9 MVA supply supports high-density compute clusters and lower network latency
- ➤Clean-energy architecture may stabilize electricity costs and strengthen offtake negotiations
- ➤Confirmed grid metrics enable irrevocable equipment orders and priority manufacturing schedules
HONG KONG, Oct. 20, 2026 (GLOBE NEWSWIRE) -- 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3 E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today provided an update on its Mikkeli AI compute center project in Finland. Following the Company’s announcement on October 19, 2026 regarding the disclosure of the 9 MVA core grid connection agreement executed on October 13, the Company’s management provides this supplementary disclosure to the capital markets regarding the material impact of this energy asset on the Company’s long-term commercial model. Based on the current industry conditions, this update outlines the strategic and financial implications of this high-capacity connection in helping prevent compute cluster fragmentation, supporting access to clean energy, and facilitating manufacturing schedules for core electromechanical equipment.
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