Digi Power X Strikes Letter Of Intent With Omnis Pleasants Over Collaboration For Large-Scale AI Computing Infrastructure

Digi Power X Inc. ("Digi Power X" or the "Company") (Nasdaq:DGXX)(TSXV:DGX), an innovative energy infrastructure company, today announced that it has entered into a non-binding letter of intent (the "LOI") with Omnis Pleasants LLC ("Pleasants"), owner of the Pleasants Power Station, a 1.3 gigawatt ("GW") power generation facility located in West Virginia, to pursue a strategic partnership supporting large-scale artificial intelligence ("AI") and high-performance computing infrastructure.

Pursuant to the terms of the LOI, the parties intend to conduct a comprehensive load and interconnection study of up to 1.3 GW, evaluating long-term power availability and grid connectivity for energy-intensive computing applications.

The proposed strategic partnership also contemplates a long-term lease of up to 200 acres of land, that would enable Digi Power X to deploy AI and advanced computing infrastructure utilizing its proprietary ARMS modular Tier III data center platform.