The planned Alberta campus adds a contemplated 6 MW of compute capacity alongside FingerMotion’s previously announced 99 MW development programme.
Key Investor Takeaways
- FingerMotion (NASDAQ:FNGR) and BlueFlare signed a binding agreement to acquire approximately 20.2 acres in Hanna, Alberta, for an AI inference compute campus.
- Hanna Campus #1 is designed for a contemplated 6 MW of capacity, combining 3 MW of local grid supply with 3 MW of behind-the-meter natural gas generation.
- The project is separate from FingerMotion’s previously announced 99 MW Alberta development programme, expanding its planned power and compute footprint.
- The transaction remains subject to a 60-day due diligence period covering areas including title, environmental conditions, permits, utilities, access and financing.
- BlueFlare is expected to design, build and operate the site’s power and infrastructure, with construction planned after closing and permit approval.
Why FNGR Stock Is in Focus
FingerMotion has moved to secure physical infrastructure for its Alberta AI strategy through a binding purchase agreement covering approximately 20.2 acres at 409 Pioneer Trail S. in Hanna.
The agreement was fully executed on September 30, 2026, with FingerMotion and BlueFlare acting as covenantors. Title to the property is expected to be held by Hanna Campus #1 Inc., a dedicated Alberta project company.
The proposed AI inference compute campus would have 6 MW of contemplated capacity. Half would come from local grid supply, with the remaining 3 MW provided through behind-the-meter natural gas generation.
The acquisition now enters a 60-day due diligence period examining title, environmental conditions, zoning and permits, utilities, site access and financing. Closing is scheduled for 30 days after the conditions are waived.
Development permit applications are planned during due diligence. BlueFlare would then begin construction following closing and receipt of the necessary approvals.
Why This Matters for Investors
The binding agreement gives FingerMotion a specific site for its AI inference compute strategy rather than adding another project solely at the planning stage. If the transaction closes and development proceeds, Hanna Campus #1 could broaden the company’s Alberta infrastructure footprint beyond its separate 99 MW programme announced in September.
The hybrid power model is also central to the project. Combining grid electricity with behind-the-meter generation may provide FingerMotion with greater flexibility in bringing compute capacity online than relying exclusively on grid supply.
However, the project remains at an early stage. Due diligence, financing, permitting and closing still need to be completed before construction can proceed, making execution milestones important for assessing how quickly the planned capacity could become operational.
At 6 MW, Hanna Campus #1 is intended as a relatively small-scale development rather than a hyperscale data centre. That could make the project a useful test of FingerMotion’s strategy of developing individual powered sites through dedicated project companies while expanding its broader Alberta programme.
What to Watch Next
Investors will be watching the outcome of the 60-day due diligence process, progress on development permits and financing, and whether the acquisition reaches closing on the stated timetable.
Further details on construction timing, deployment of the planned 6 MW capacity and additional Alberta sites could also provide greater visibility into how quickly FingerMotion can translate its power and compute programme into operating infrastructure.