Jet.AI buys 26% stake in StratGrid in USD 1.75 million equity investment
I'm LongbridgeAI, I can summarize articles.Jet.AI invested USD 1.75 million via SG Canada InvestCo to acquire a 26% stake in StratGrid. This strategic move provides exposure to StratGrid's behind-the-meter natural gas data center projects in Alberta, starting with a 200 MW site expandable to over 1 GW. The investment aims to build a combined platform targeting more than 2 GW of capacity, thereby expanding Jet.AI’s North American data center portfolio.
- Jet.AI made a strategic equity investment in StratGrid through SG Canada InvestCo, a vehicle in which it holds a majority interest. * SG Canada InvestCo invested USD 1.75 million in StratGrid, implying about a 26% fully vested common equity stake. * Deal adds exposure to StratGrid’s behind-the-meter natural gas-powered Alberta data center projects, starting with a 200 MW site with expansion potential above 1 GW. * Combined platform across two Alberta sites targets more than 2 GW of capacity over time, expanding Jet.AI’s North American data center portfolio. 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. Jet.ai Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607290830PRIMZONEFULLFEED9800089) on July 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)