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AZIO AI Signs First Hosting Agreement at Atlas One with Power Champion; 10 MW Contracted, with Expansion Rights to 50 MW Representing Up to Approximately $450 Million in Capacity Reservation Charges
Source: GlobeNewswire
Company Fundamentals
The initial 10 MW deployment is expected to generate approximately $90 million in capacity reservation charges over its 60-month initial term, before electricity sales. The cited $450 million assumes full exercise of expansion rights to 50 MW, which has not occurred.
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