Court Approved the Asset Acquisition at Wabasca-Desmarais, Municipal District of Opportunity
Calgary, March 25, 2025 – Armada Nowlit, a technology company specializing in converting under-utilized energy sources to power data centers, is pleased to announce that the King’s Bench of Alberta has approved its acquisition of distressed natural gas assets. The assets are located in Wabasca-Desmarais, Municipal District of Opportunity and are expected to support the power supply of a 50MW data center.
This asset acquisition marks the start of the first deployment at-scale of Armada Nowlit’s proprietary, integrated data center plus power generation solution, after the success of previous proof-of-concept projects. As a pioneer in transforming underutilized resources into valuable opportunities, Armada Nowlit is looking to deploy and upgrade its solution across the region in larger-scale projects. By leveraging proprietary technology and expertise we have in the data center industry, we offer a unique and customised solution to maximize revenue potential for investors and operators grappling with flare gas and stranded gas challenges. This not only reduces environmental impact but also unlocks new revenue streams, aligning with global sustainability goals.
For more information or to discuss collaboration opportunities, please contact: hi.support@nowlit.com.
