New Fortress Energy Announces Launch of Klondike Digital Infrastructure to Develop Data Center Solutions
02 Julio 2024 - 3:30PM
Business Wire
New Fortress Energy Inc. (Nasdaq: NFE) (“NFE” or the “Company”)
announces the launch of Klondike Digital Infrastructure
(“Klondike”), a power and data center development business
dedicated to working with hyperscale clients to build and operate
data centers. This venture comes in response to a significant need
for turnkey digital infrastructure to support the next stage of
explosive growth in artificial intelligence (“AI”).
Klondike is revolutionizing the industry by utilizing
behind-the-meter, on-site power. This innovative approach addresses
all major constraints of digital infrastructure development,
providing grid stability, significant transmission capacity, power
reliability, energy cost savings, and scalability.
“Power and infrastructure are the bottleneck of the AI race.
With the rapid development of AI and the accompanying explosive
growth in power demand, we are building larger-scale data center
solutions to accommodate the needs of our hyperscale clients. And
because we produce our own power, we can provide certainty to our
customers more quickly than our competitors,” said Wes Edens, CEO
and Founder of Klondike and Chairman and CEO of New Fortress
Energy.
Artificial intelligence has the potential to overstress the
existing power grid and utilities, leading to higher electricity
costs for consumers and potential grid instability. Klondike is
focused on independent power sources that utilize behind-the-meter
power. This approach not only reduces the demand for power from the
grid but also contributes power back to it.
Klondike is currently developing a geographically diverse
portfolio of data center sites to satisfy the requirements of
hyperscale users. The company has more than 1,000 acres of
developable land across sites in Brazil, Ireland, and the United
States. These locations have large existing power plants or permits
in process to build several gigawatts of power, connectivity to
fiber networks, access to transmission and water.
About New Fortress Energy
Inc.
New Fortress Energy Inc. (NASDAQ: NFE) is a global energy
infrastructure company founded to help address energy poverty and
accelerate the world’s transition to reliable, affordable, and
clean energy. The Company owns and operates natural gas and
liquefied natural gas (LNG) infrastructure and an integrated fleet
of ships and logistics assets to rapidly deliver turnkey energy
solutions to global markets. Collectively, the Company’s assets and
operations reinforce global energy security, enable economic
growth, enhance environmental stewardship and transform local
industries and communities around the world.
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Investor Relations: Chance
Pipitone ir@newfortressenergy.com
Media Relations: Ben Porritt
press@newfortressenergy.com (516)
268-7403
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