FingerMotion and Genius Group Form Joint Venture for 100 MW Alberta Data Center Program

FingerMotion and Genius Group have signed a binding joint venture agreement to develop up to 100 MW of data center capacity in Alberta, Canada, with the first 9.9 MW campus expected to generate $20-25 million in annual revenue and potentially over $100 million over five years.

Bay Area Metrowire Staff
••Technology
FingerMotion and Genius Group Form Joint Venture for 100 MW Alberta Data Center Program

FingerMotion Inc. (NASDAQ: FNGR) and Genius Group Limited (NYSE American: GNS), along with BlueFlare Energy Solutions Inc., have announced a second binding agreement to establish a joint venture for the Brooks Corridor Campus Program in Alberta, Canada. The program covers up to 100 megawatts (MW) of powered land and colocation campuses, with the first planned site, Brooks Campus No. 1, a permitted 9.9 MW facility in the County of Newell, expected to have powered land available in the first quarter of 2027. Under the agreement, each campus will be owned 75% by FingerMotion and 25% by Genius Group, while BlueFlare will handle development, construction, and operations.

This joint venture marks a significant expansion for FingerMotion, a company traditionally focused on mobile payment and recharge platform solutions in China, into the high-performance computing and AI infrastructure space. The move diversifies its business and positions it to capitalize on the growing demand for data center capacity, particularly for AI workloads. The agreement follows the partners’ October announcement of GENIUSpark Alberta and its initial artificial intelligence compute site in Hanna, indicating a strategic push into the AI infrastructure market.

The financial implications are substantial. BlueFlare has entered into a nonbinding expression of interest for up to 7 MW of high-performance computing colocation capacity at Brooks Campus No. 1. If fully operational, this capacity is estimated to generate $20 million to $25 million in annual revenue, potentially exceeding $100 million over an initial five-year term. Such revenue would represent a major new income stream for FingerMotion, which has primarily served the Chinese market. The company’s vision to expand its user base and develop an ecosystem of high-engagement users could be complemented by this infrastructure play, although the data center business is distinct from its core operations.

However, the closing of the first campus remains subject to client contracts, financing, due diligence, and regulatory approvals. Investors should note these contingencies, as they could affect the timing and certainty of the project. The joint venture’s success will depend on securing anchor clients and financing, as well as navigating regulatory hurdles in Alberta.

For FingerMotion, this venture represents a strategic pivot and a potential growth catalyst. The company’s existing technology expertise in mobile payments may not directly translate to data center operations, but the partnership with BlueFlare, which specializes in energy solutions, and Genius Group, which has experience in AI and education, could mitigate execution risks. The project aligns with the broader trend of increasing investment in AI infrastructure, driven by the exponential growth of data and computing needs.

As the company continues to develop its core business, this joint venture could provide a foothold in a high-growth sector. For more details, refer to the full press release. Additional information about FingerMotion is available in its newsroom. The announcement was disseminated via ChineseWire, a communications platform focused on China-based companies listed in North America, which is part of the Dynamic Brand Portfolio at IBN. IBN provides services including InvestorWire for wire distribution and editorial syndication to 5,000+ outlets.

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