financetom
Business
financetom
/
Business
/
Luxxfolio and NU E Power Partner to Evaluate Power Infrastructure Opportunities
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Luxxfolio and NU E Power Partner to Evaluate Power Infrastructure Opportunities
Jul 30, 2026 11:20 AM

01:53 PM EDT, 07/30/2026 (MT Newswires) -- Luxxfolio Holdings ( LUXFF ) entered a strategic collaboration with NU E Power ( NUEPF ) to evaluate power infrastructure, hosting, and data centre development opportunities, it said in a statement on Thursday.

The companies plan to combine NU E's power development and energy infrastructure platform with Luxxfolio's ( LUXFF ) active digital asset mining operations and Litecoin-focused treasury and infrastructure strategy. The company said the parties intend to prioritize opportunities where "behind-the-meter" power capacity can be matched directly to Luxxfolio's ( LUXFF ) mining and infrastructure needs.

"This collaboration gives both companies a practical framework to evaluate projects where power development and digital asset operations can be aligned from the outset," said NU E Power ( NUEPF ) CEO Broderick Gunning.

The parties intend to review potential project structures, site requirements, power availability, commercial terms, and development timelines, it added.

Shares of Luxxfolio ( LUXFF ) were last seen up 12.5% at C$0.27 on the Canadian Securities Exchange.

Price: 0.27, Change: +0.03, Percent Change: +12.50

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
South Korea court begins review of Yoon impeachment over martial law attempt
South Korea court begins review of Yoon impeachment over martial law attempt
Dec 15, 2024
* Constitutional Court starts review of Yoon's impeachment * First public hearing will be held on Dec. 27 * Investigators plan to question Yoon this week * Financial markets stabilise (Updates with court's first hearing in paragraph 2-3, foreign minister in paragraph 16) By Joyce Lee and Ju-min Park SEOUL, Dec 16 (Reuters) - South Korea's Constitutional Court on Monday...
FOCUS-Stellantis swiftly reshapes strategy under Elkann after Tavares exit
FOCUS-Stellantis swiftly reshapes strategy under Elkann after Tavares exit
Dec 15, 2024
* Stellantis ( STLA ) seeks to rebuild relations with dealers and partners * Rejoining ACEA signals more unified stance on EU carbon targets * Elkann's leadership reassures investors, shares rebound over 18% By Giulio Piovaccari and Nora Eckert MILAN/DETROIT, Dec 16 (Reuters) - Steered by Chairman John Elkann, Stellantis ( STLA ), owner of 14 brands including Fiat, Jeep...
Stellantis swiftly reshapes strategy under Elkann after Tavares exit
Stellantis swiftly reshapes strategy under Elkann after Tavares exit
Dec 15, 2024
MILAN/DETROIT (Reuters) - Steered by Chairman John Elkann, Stellantis ( STLA ), owner of 14 brands including Fiat, Jeep and Ram, is acting swiftly to dismantle the legacy of its former CEO and repair relations with dealers, industry partners, governments and workers. Carlos Tavares abruptly resigned on Dec. 1, almost 18 months before the expiry of his contract, as a...
US case against India's Gautam Adani appears strong but extradition unlikely, experts say
US case against India's Gautam Adani appears strong but extradition unlikely, experts say
Dec 15, 2024
* Billionaire Gautam Adani accused of misleading U.S. investors * India says no extradition request has been made * US prosecutor says case is important for market integrity By Luc Cohen NEW YORK, Dec 16 (Reuters) - The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved