NetBrands signs MOU with Baselayer Energy to develop up to 100MW of digital infrastructure

NETBRANDS CORP

NETBRANDS CORP

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  • NetBrands signed a non-binding MOU with Baselayer Energy to explore jointly developing, financing, and operating energy-backed digital infrastructure projects.
  • The parties plan to evaluate up to 100 MW of data center capacity in an initial phase for crypto mining, with potential later integration of AI and HPC workloads.
  • Target regions under evaluation include the United Arab Emirates and Turkmenistan.
  • The MOU contemplates a potential joint venture SPV in which NetBrands would hold 65% and Baselayer 35%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Netbrands Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202603190835ACCESSWRNAPR_____1147559) on March 19, 2026, and is solely responsible for the information contained therein.

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