Clean Technology • Energy Infrastructure • Emerging Markets

Building Africa's distributed
energy-compute
infrastructure platform.

NRG Bloom converts stranded energy — flared gas, curtailed hydro, surplus renewables — into high-value compute infrastructure across emerging markets. We've proven the model works. Now we're building the platform.

13+ months
Continuous operations, Niger Delta
3 GW
Nigeria NGFCP flare gas potential
$29B/yr
Nigeria power deficit economic cost
211
Total data centers for 1.4B people

The world is running out of energy
for compute. Africa has it in abundance.

Global data center capacity must double by 2030 — and the binding constraint is energy, not demand. Meanwhile, Africa wastes billions of dollars worth of energy every year through gas flaring, while approximately 87 million Nigerians have zero grid access. NRG Bloom is the bridge between wasted energy and the global compute shortage.

The core insight: Africa's energy problem is a transmission problem, not a generation problem. Nigeria has 14 GW of installed capacity but delivers only 4–5 GW — a utilization rate below 35%. NRG Bloom bypasses transmission entirely. On-site generation, on-site compute. No pipeline, no grid, no waste. This structural advantage is what makes the model work where billions of dollars in traditional infrastructure have failed.
$1.5B

Wasted every year

Nigeria flares 6–7 billion cubic meters of gas annually (2023–2024) — $1.2–1.57 billion in wasted energy. Cumulative losses since 2002 exceed $120 billion. This gas has zero value to the producer today. We turn it into revenue.

65.8 MW

Total Africa data center capacity

Nigeria has 65.8 MW of operational data center capacity for 220 million people, with 327.8 MW in the pipeline. Africa has 211 data centers for 1.4 billion people — less than 1% of global hyperscale capacity. The gap is staggering.

$30T+

ESG capital looking for exactly this

$30.3 trillion in global sustainable investment AUM (GSIA 2022), projected to reach $35T+ by 2030 (Bloomberg Intelligence). Climate infrastructure in emerging markets is among the highest-demand asset classes. Methane reduction is a stated G7 priority.

Three compute layers.
One energy source. Zero waste.

Every NRG Bloom site runs a progressive compute stack. Layer 1 validates energy with immediate revenue. Layer 2 proves enterprise demand. Layer 3 scales to the highest-margin workloads. Our proprietary NEXUS system orchestrates allocation in real time across all layers.

Layer Compute Type Revenue / MW / Month Purpose
Layer 1: Hashrate ASIC Bitcoin mining $68–85K USD Site validation + immediate cash flow from day one
Layer 2: HPC Client-specific compute (pharma, biotech, simulation) $100–120K USD Enterprise demand validation + recurring contracts
Layer 3: AI Compute GPU clusters for training & inference $150–250K+ USD Long-term revenue engine at scale
Project NEXUS (Patent Pending) — A real-time orchestration engine that dynamically allocates power across compute types based on market pricing, demand signals, and energy availability. Target: 95%+ energy utilization at all times. No existing patent covers behind-the-meter stranded energy with heterogeneous compute optimization. NEXUS becomes a licensable technology asset at scale.

Value to Energy Partner (per 10 MW)

NRG Bloom absorbs deployment CAPEX. The energy partner receives three revenue streams from gas that was previously worthless:

$500K
Fixed annual payment
(floor guarantee)
~$2M
Compute revenue share
(20% of output)
$300–500K
Carbon credit share
(50–70% of VCUs)
~$3M/yr
Total value to partner
(vs. $0 from flaring)

Five stages from proven concept
to continental infrastructure.

We've proven the model works at community scale. Every dollar from here is about replicating what works — faster, bigger, across more sites and more countries. Each stage builds on the last. Each is independently viable.

$10M
Stage 1 — First Commercial Site

What We Deploy

  • Capacity 10 MW
  • Sites 1 (Nigeria)
  • Containers 20 units
  • Annual revenue $8–10M
  • Payback 18–24 months*
  • Jobs created 15–25

What This Proves

  • Full commercial-scale deployment with partner-provided gas. Validates unit economics, operator relationships, and carbon credit pathway at institutional scale. Generates immediate revenue from Layer 1 hashrate. Bridges from proof of concept to institutional raise.
$25M
Stage 2 — Multi-Site Replication

What We Deploy

  • Capacity 30 MW
  • Sites 3 (Nigeria)
  • Compute layers Hashrate + HPC
  • Annual revenue $18–30M
  • Gross margin 64–68%
  • CO2e avoided / yr 150–195K tonnes

What This Unlocks

  • Proves the model is replicable — not a one-site wonder. Own all gensets and compute hardware. HPC workloads activated at Site 1 (Canurta pharmaceutical pipeline). Carbon credit verification initiated with Verra. Attracts DFI capital for Stage 3.
$60M
Stage 3 — Regional Dominance

What We Deploy

  • Capacity 80 MW
  • Sites 6–8 (Nigeria + Ghana)
  • Compute layers All 3 layers active
  • Annual revenue $48–85M
  • Gross margin 68%+
  • CO2e avoided / yr 400–520K tonnes

What This Unlocks

  • West Africa's largest distributed compute infrastructure. Full three-layer stack at every site. AI compute generating $150K+/MW/month. NEXUS platform licensing begins. Carbon credit portfolio at institutional scale. IPO preparation starts. Government data infrastructure contracts in pipeline.
$80M
Stage 4 — Continental Infrastructure

What We Deploy

  • Capacity 150 MW
  • Sites 12–15 (4+ countries)
  • Markets Nigeria, Ghana, Cameroon, Alberta
  • Annual revenue $90–160M
  • CO2e avoided / yr 750K–1M tonnes

What This Unlocks

  • Pan-African infrastructure platform. NEXUS licensed to third-party operators. Government data center and power contracts secured. Energy-agnostic across gas, hydro, geothermal. Carbon credit portfolio worth $5–15M/year. Institutional-grade asset with audited financials and multi-country revenue.
$100M
Stage 5 — The Platform

What We Deploy

  • Capacity 250+ MW
  • Sites 20+ (6+ countries)
  • Markets Pan-Africa + Alberta + LATAM
  • Annual revenue $150–300M+
  • CO2e avoided / yr 1.25–1.6M tonnes

What This Becomes

  • The distributed energy-compute infrastructure platform for Africa. 250+ MW across 20+ sites in 6+ countries. AI compute as the dominant revenue driver. NEXUS as a standalone technology company. Carbon credit portfolio at sovereign scale. IPO-ready. This is how you build the Crusoe Energy of the Global South.
Why this isn't delusional: Nigeria's NGFCP alone encompasses 49 flare sites awarded to 42 companies (28 with final permits) with 3 GW of power potential and $2–3.5B in projected investment. Green Flare Holdings has 53 MW planned across three sites in Delta State — and that's considered a small fraction of the opportunity. 250 MW is 8% of what one government programme in one country has already allocated. The market isn't the constraint — capital and execution are. We've already proven we can execute.

Revenue projection across deployment stages

Conservative case. Bitcoin at $80K. 92% uptime. All-in CAPEX at $1–1.5M/MW. Near-zero fuel cost (<$0.02/kWh). Carbon credit revenue recognized only at verified sites. HPC/AI compute priced below market rate.

$0
Year 1
Build
$8M
Year 2
10 MW
$25M
Year 3
30 MW
$70M
Year 4
80 MW
$160M+
Year 5
150+ MW

64–68%

Gross margin

<$0.02

Fuel cost per kWh (flare gas)

Daily

Revenue settlement

18–24 mo

Payback period per site

This market is measured in gigawatts,
not megawatts.

3 GW

NGFCP Programme Potential

Nigeria's National Gas Flare Commercialisation Programme encompasses 49 sites awarded to 42 companies (28 with final permits as of December 2025). 3 GW of power potential. $2–3.5B in projected investment (NUPRC). Execution phase begins 2026. NRG Bloom is positioned for this wave.

$29B/yr

Power Deficit Economic Cost

Nigeria's power system delivers only 4–5 GW of its 14 GW installed capacity — a utilization rate below 35%. The World Bank estimates $25–29B/year in economic losses. Nigerians spend $22B/year running backup generators (Energy Commission of Nigeria). Distributed energy-compute bypasses this entirely.

$2.94B

Nigeria Data Center Investment

$2.94B in projected Nigeria data center investment through 2030 (Arizton). Only 65.8 MW operational today, 327.8 MW in pipeline. Africa has 211 data centers for 1.4 billion people — less than 1% of global hyperscale. The structural undersupply is massive.

148B m³

Global Flaring Opportunity

148 billion cubic meters of gas flared globally in 2023 (World Bank GGFR) — a 7% increase over 2022. Russia, Iraq, Iran, the United States, Nigeria — each is a potential market. Nigeria's NGFCP is the regulatory framework that creates the entry point. Then we replicate across every flaring nation.

Regulatory tailwind: Nigeria signed the World Bank's Zero Routine Flaring initiative in 2016 with a 2030 target deadline. The Petroleum Industry Act 2021 and the 2023 Gas Flaring Regulations set penalties of $3.50/Mscf for unauthorized flaring — and grant third parties the legal right to commercialize flare gas if operators fail to act. Oil companies paid hundreds of millions in cumulative flaring penalties between 2018–2022 (NEITI). The regulatory pressure to monetize flare gas has never been higher. NRG Bloom gives operators a way to comply profitably.

The market is 3 GW.
The largest planned operation is 53 MW.
There is room.

Green Flare Holdings has the largest announced flare gas project in Nigeria at 53 MW planned — still in civil works, not yet operational. Crusoe Energy raised $3.9B+ and proved flare-to-compute at scale in North America — then exited the space entirely, selling its mining division to NYDIG in March 2025 to focus on AI hyperscale. The pioneer validated the model, then left the frontier. NRG Bloom is built for the markets Crusoe walked away from.

Metric Green Flare (Nigeria) Crusoe Energy (US) NRG Bloom
Capacity 53 MW planned (pre-operational) 1.2 GW+ (AI focused; sold mining div.) Proven at community scale, targeting 250 MW
Output Bitcoin mining (single layer) AI compute only (exited Bitcoin Mar 2025) 3-layer stack: hashrate + HPC + AI
Revenue per MW ~$800K–$1M/yr (Bitcoin mining) $300K–$3M/yr (AI compute) $800K–$3M+/yr (3-layer)
Africa presence Nigeria (development stage) No Sub-Saharan Africa operations 13+ months continuous ops, Niger Delta
Technology IP Mobile gas generators DFM (sold to NYDIG); proprietary AI infra NEXUS orchestration (patent pending)
Carbon credits None documented ESG-reported (1.3M+ mtCO2e); no confirmed Verra VCS Yes (Verra VCS VM0029)
Community model PIA-compliant MOUs + rural electrification None (US/developed market operations) 25% power to host community
HPC/AI pathway None — Bitcoin only Core business (exited flare gas) Progressive 3-layer upgrade per site
Operational status Civil works (not yet live) Operational at GW scale (North America) 13+ months continuous operations
Why NRG Bloom wins: Green Flare is Bitcoin-only with no pathway to HPC or AI compute — a single revenue layer. NRG Bloom's 3-layer stack generates $800K–$3M+ per MW per year as workloads progress from hashrate to HPC to AI. Crusoe proved flare-to-compute at $10B+ scale in North America — then abandoned the frontier entirely, selling its mining division to focus on US hyperscale AI. The pioneer validated the model, then left the market. NRG Bloom has 13 months of continuous operations in one of the most challenging operating environments on earth. The technology is the easy part. Operating in the Niger Delta is the hard part — and we've already done it.

Consume at source

100% of transmission loss eliminated. No grid dependency. We bypass the infrastructure that operates below 35% utilization in Nigeria.

Energy-agnostic platform

Gas today. Hydro, geothermal, and solar tomorrow. NEXUS adapts to any energy source, any country, any regulatory framework.

Zero CAPEX to energy partner

NRG Bloom absorbs deployment costs. Partners contribute gas and receive $3M+/year from a stranded asset.

Husk Power proves the thesis.
NRG Bloom improves the economics.

Husk Power Systems — 400+ mini-grid sites across India and Nigeria, $203M raised from Shell Ventures, IFC, ENGIE, Swedfund, FMO, DFC, and others across 16 rounds. Currently seeking $400M in pre-IPO funding ahead of a planned 2027 IPO. Husk proves that distributed energy in emerging markets is an investable, scalable asset class. NRG Bloom applies the same thesis with fundamentally better unit economics.

Metric Husk Power Systems NRG Bloom
Revenue per MW / year ~$25K per site (rural retail, 30–50 kW avg.) $800K–$3M+ (compute per MW)
Capital cost per MW $500K–$1M+ (solar + distribution; industry avg. higher) $1–1.5M (containers + ASICs + power infra)
Time to EBITDA positive 14 years (reached Q4 2022) Year 1 (projected)
Customer acquisition cost High (thousands of retail customers/site) ~$0 (permissionless network)
Deployment speed 3–6 months (community + build) 8–12 weeks (containerized, modular)
Total raised $203M (14 years) Pre-institutional
The capital efficiency case: Husk raised $203M over 14 years to reach 400+ sites and EBITDA positive. NRG Bloom targets EBITDA positive in Year 1 of a single $10M deployment — because Bitcoin provides immediate revenue with near-zero customer acquisition cost, and HPC/AI compute delivers higher revenue per megawatt compared to rural energy distribution. Husk validates the asset class; NRG Bloom improves the unit economics.

Key Investors in the Distributed Energy Thesis

Husk Power's investor base confirms institutional appetite for this exact asset class:

Shell
New Energies
Recurring investor
IFC
World Bank Group
Private sector
ENGIE
Impact arm
Energy major
Swedfund
Swedish DFI
Early backer
FMO
Dutch dev bank
Climate infra
Why this matters: Husk is currently seeking $400M in pre-IPO funding ahead of a planned 2027 IPO — signaling that distributed energy in emerging markets is entering a liquidity cycle. NRG Bloom enters with a different energy source (flare gas vs. solar), better compute-layer unit economics, and a more capital-efficient path to scale. The same investor class that backed Husk is exactly the audience for NRG Bloom.

Every megawatt we deploy is a
measurable climate outcome.

50–65K
Tonnes CO2e avoided
per 10 MW per year
$5–20
VCU price per tonne
(current market)
25%
Power allocated to
host community
$13–42
Projected VCU price
by 2030 (BloombergNEF)
Deployment Scale CO2e Avoided / Year Carbon Credit Revenue (current) Carbon Credit Revenue (2030 est.)
10 MW (Stage 1) 50,000–65,000 tonnes $250K–$1.3M $650K–2.7M
80 MW (Stage 3) 400,000–520,000 tonnes $2–10.4M $5.2–21.8M
250 MW (Stage 5) 1.25–1.6 million tonnes $6.25–32M $16.3–67.2M

Methodology: Verra Verified Carbon Standard, VM0029. Flare gas conversion with methane slip reduction. Carbon credit revenue is a supplementary stream, not factored into base revenue projections. 2030 estimates based on BloombergNEF price projections ($13–42/tonne depending on market scenario).

We've already done the hardest part.
Now we scale.

February 2025 — Present

Proof of Concept — Ogboinbiri, Bayelsa State, Nigeria

13+ months of continuous operations in the Niger Delta. Validated technology, community relations, local workforce management, and revenue generation. Built for $47K. One of a small number of Canadian companies with active, continuous operations in Nigeria's upstream oil & gas sector. The hardest part of this business isn't the technology — it's operating in these environments. We've already proven we can.

Active

Commercial Partnerships — Oando Energy + Heirs Energies

Gas monetization proposals under review with two major Nigerian upstream operators. Oando (publicly traded, gas business division) and Heirs Energies (Tony Elumelu group). Both engagements target flare gas conversion at production sites with NRG Bloom as the technology and compute provider.

Active

Enterprise Compute Client — Canurta

Canadian pharmaceutical company secured as the first HPC pilot client for drug discovery and molecular simulation workloads. Validates Layer 2 enterprise compute demand ahead of commercial site deployment.

2026–2027

Stage 1 — First 10 MW Commercial Site

Gas purchase agreement, genset procurement, container deployment. Hashrate generating from day one. HPC workloads added by month six. Revenue from year one. The bridge from proof of concept to institutional-grade infrastructure.

2027–2028

Stages 2–3 — 30–80 MW, Multi-Site, Multi-Country

Replicate across Nigeria, expand into Ghana. All three compute layers active. Carbon credit portfolio verified. DFI capital secured. Government infrastructure contracts in pipeline. NEXUS platform licensing begins.

2029–2030

Stages 4–5 — 150–250+ MW Pan-African Platform

Continental infrastructure across 6+ countries. AI compute as dominant revenue driver. NEXUS as a standalone technology asset. Carbon credits at sovereign scale. IPO-ready. The distributed energy-compute infrastructure platform for Africa.

Built by operators, not consultants.

Makir Volcy

Founder & CEO

Canadian entrepreneur. 13+ months managing continuous operations in the Niger Delta. Built the proof of concept from the ground up with $47K.

Julie Peeters

Director of Finance & Operations

Technology development. NEXUS orchestration system architecture. Compute stack design and patent strategy.

Gus Anyim

Commercial Lead, Nigeria

On-the-ground commercial operations. Managing energy partner relationships with Oando and Heirs Energies.

Dayo Adu

Legal Advisor

Nigerian counsel, Moroom Africa. Regulatory navigation, contract structuring, dispute resolution.

Canadian headquarters, global deployment. All R&D, operations monitoring, and management run from Montreal, Quebec. Accessing the Canadian clean tech ecosystem: Futurpreneur, PME MTL, NRC IRAP, and SR&ED tax credits. Canadian government involvement strengthens international credibility and unlocks DFI co-investment.

The energy is stranded. The demand is real.
The model is proven.
The market is enormous.

NRG Bloom is raising capital to build the distributed energy-compute infrastructure platform for Africa. We've done it at community scale. Now we do it at continental scale.

makir@nrgbloom.com
Makir Volcy, Founder & CEO
nrgbloom.com
Company Website