November 3, 2025 — Leads & Copy — NU E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) has entered into an asset purchase agreement to acquire certain assets of ACT Mid Market Ltd., solidifying NU E’s position in renewable energy, data infrastructure, AI, and Bitcoin mining.
The acquisition will bring NU E’s total targeted energy asset size to over 1 gigawatt (GW), positioning it as a key player in the data center landscape.
ACT Mid Market Ltd. was founded by Broderick Gunning. The acquisition will transition NU E from a renewable-first strategy to a multi-modal energy platform capable of hosting and scaling next-generation workloads. The assets being acquired represent 500 MW of energy projects utilizing solar, natural gas, and electrical grid, capable of powering various BTC and AI projects in Canada, Asia, South America, and Africa.
The assets being acquired include:
- 100 MW Mongolia Hybrid Power & Data Infrastructure Project (Tsegtskharaa LLC)
- 200 MW Grid & Gas Hybrid Power Project, Saskatchewan, Canada (XBASE Farm Partnership)
- 100 MW Solar & Graphene Battery Program with the International Islamic University of Malaysia (IIUM)
- 100 MW Hybrid Solar, Gas & Grid Power and Data Centre Project, Lagos, Nigeria
- 100 MW Solar Development Program, Brazil
The Asset Purchase Agreement and Acquisition are subject to Canadian Securities Exchange acceptance.
Upon closing, Broderick Gunning will be appointed President and Chief Executive Officer of NU E, and will join the Board of Directors. Frederick Stearman will become Chief Technology Officer. Devon Sandford will remain on the Board of Directors.
For more information, please contact:
Brodie Gunning, Chief Executive Officer
E-mail: Brodie@nu-ecorp.com
John Newman, Chief Financial Officer
E-mail: john@nu-ecorp.com
Source: NU E Power Corp.
