FingerMotion, Genius Group and BlueFlare Sign Binding Agreements to Launch GENIUSpark Alberta, with First High-Performance Computing Campus at Hanna, Alberta
Globe Newswire•27/10/2026•09:15 ET
0
Key Highlights
- ➤GENIUSpark Alberta targets 100 MW of HPC capacity, with a 1 GW stretch goal
- ➤Hanna Campus No. 1 costs $24.3 million for 2.4 MW of HPC capacity
- ➤FingerMotion (FNGR) will hold 51% and Genius Group (GNS) 49% of the venture
- ➤Hanna construction is planned for December 2026, with first compute targeted Q2 2027
- ➤Hanna financing targets $14.4 million debt and $9.9 million partner equity
Expert Statements
Jolie Kahn, CEO of FingerMotion
“Hyperscale and technology companies are signing up to 15-year, multi-billion-dollar contracts for powered capacity, for which construction is a multi year process, thus one of the scarcest assets in digital infrastructure today is a site you can energize in months. GENIUSpark Alberta takes FingerMotion beyond powered land into owning the compute that runs on it. With BlueFlare’s and FingerMotion’s power and infrastructure and Genius Group’s community model, Hanna is the first step in what we believe can become one of Alberta’s leading high-performance computing platforms.”
Roger James Hamilton, Founder and CEO of Genius Group
“Yesterday we announced the launch of GENIUSpark as a community solution for the next era of computing. Today we are pleased to have signed our first joint venture to build the GENIUSpark model in Alberta. FingerMotion and BlueFlare have the power, site-development and construction capability. Genius Group has the community reskilling and treasury model that directly benefits the local community.”
Landon Ruszkowski, CEO of BlueFlare
“Small sites with their own power are how Alberta wins in high-performance computing. We design, build and operate each site ourselves, generate power behind the meter, and avoid the multi-year transmission queue. Hanna will be built by Albertans and staffed locally around the clock, and it sets the template for every GENIUSpark Alberta site that follows, with the jobs, the investment and a share of the profits staying in the community.”
GENIUSpark Alberta targets an initial 100 MW of high-performance computing (HPC) capacity across a cluster of 3 MW to 9.9 MW sites, with a stretch goal of 1 GW, and plans a Genius City to serve the full cluster in east-central Alberta.
Every GENIUSpark Alberta site intends to return a portion of funds towards training and reskilling via the Genius City model, and establish a local Community Investment Fund.
Get started
Create a free account to read the full story.