NeoVolta Announces Capacity Reservation Agreement with Infinite Grid Capital Ahead of Pendergrass Facility Grand Opening
NeoVolta's majority-owned subsidiary NeoVolta Power signed a binding capacity reservation agreement with Infinite Grid Capital to supply roughly $53 million of battery energy storage equipment for Northern Ontario Edge AI data center projects in calendar 2027. The commitment is the first commercial conversion of the previously announced utility-scale framework with IGC, which contemplates approximately $200 million of potential supply and roughly 1.1 GWh of BESS deployments; IGC is also an existing strategic investor in NeoVolta.
Key figures
- Deal Value Usd
- $53M
- Supply year
- CY2027
- Facility sqft
- 210600
- Production ramp target
- Q4 2026
- Framework potential gwh
- 1.1
- Framework potential usd
- 200000000
AI analysis
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