Research Reports

Summary

K-Tech Solutions Company Limited announced joint venture agreements with Aurora AZ Energy Ltd., effective February 26, 2026, to develop initial 100 MW of bitcoin mining, AI, and HPC data centers in Alberta, Canada, with potential expansion to 500 MW using wellhead natural gas power. The agreements establish hosting services, equipment provision, and a new JV company with K-Tech holding 75% equity.

Key takeaways

Joint Venture Agreement (Exhibit 10.1) between K-Mark Technology Ltd and Aurora AZ Energy Ltd effective Feb 26, 2026 for hosting K-Tech Equipment at Aurora facilities.
Exhibit 10.2 forms KTech Aurora AI Infrastructure Limited under Hong Kong SAR laws with K-Tech 75% Units and Aurora 25% Units for AI/HPC projects.
Initial IT capacity over 100 MW, expandable to 500 MW on Aurora-controlled sites in Alberta, Canada.
Aurora provides wellhead power generation; K-Tech provides mining machines, HPC hardware, containerized infrastructure, and gensets.
Goals include 95% Uptime Ratio and project replicability model.
Site preparation to commence September 2026, initial capacity online Q2 2027.