DealsJun 18, 2026, 07:01 AM
Roma Green Finance to get Right of First Offer for 500 MW data center financing
AI Summary
Roma Green Finance announced it expects to receive a non-exclusive Right of First Offer (ROFO) to provide project-level funding for BlueFlare's distributed behind-the-meter (BTM) data center program in Alberta, Canada. This ROFO, tied to a prospective 5% equity investment in BlueFlare, covers a portfolio of 1- to 10-MW BTM data centers targeting up to 500 MW aggregate capacity. The arrangement is non-binding and subject to various conditions, including due diligence and definitive agreements. The company views this as a strategic opportunity aligned with its focus on energy infrastructure and the digital economy.
Key Highlights
- Roma Green Finance expects a non-exclusive Right of First Offer for project financing.
- This is for BlueFlare's distributed 1-10 MW behind-the-meter data centers in Alberta, Canada.
- The program targets up to 500 MW of aggregate capacity over a multi-year period.
- The Right of First Offer is linked to Roma's prospective 5% equity interest in BlueFlare.
- The arrangement is non-binding and subject to due diligence and definitive agreements.
- BlueFlare and Bloc3 Energy are developing the data centers in partnership with ZAJA LLC.
- The data centers will co-locate compute load directly behind natural-gas generation.
Price Impact
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