Keel Infrastructure Corp

KEEL

Market cap $2.08B

Panther Creek and Sharon permitting continue to proceed on schedule and are unaffected by Executive Order 2026-05 Panther Creek and Sharon permitting continue to proceed on schedule and are unaffected by Executive Order 2026-05

KEEL is pressing 2027 power availability to deepen lease talks at Moses Lake, Sharon and Panther Creek as permits and expansion plans advance.

Keel Infrastructure is rated Avoid/Hold due to a high-risk capital structure and regulatory headwinds threatening long-term viability. KEEL's strategy to withhold 2027 capacity aims to extract premium lease rates but exposes the company to liquidity burn and refinancing risks. Regulatory crackdowns on behind-the-meter load defection, especially FERC/PJM tariffs, could compress margins and disrupt the company's yield-on-cost assumptions.

Its pivot into advanced data center operations is going slowly. It was first announced in 2025.

Keel Infrastructure Corp. (NASDAQ:KEEL) shares are trading lower after the company reported weaker-than-expected second quarter results.

Keel Infrastructure Corp. (KEEL) Q2 2026 Earnings Call Transcript

Keel Infrastructure's Q2 revenues are expected to plunge 55.1% y/y as its HPC and AI data-center pivot pressures mining sales and raises operating costs.

Keel has a 2.2-gigawatt pipeline and intends to secure three hyperscaler leases by the end of the year. Its multi-year plan is poised to produce high revenue growth in 2027 and beyond.

NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (Nasdaq: KEEL; TSX: KEEL) (“Keel Infrastructure” or “Keel”), a North American digital infrastructure and energy company, will report its second quarter 2026 financial results on Monday, August 10 before the market opens. Management will host a conference call on the same day at 8:00 am Eastern.

NEW YORK, July 15, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (Nasdaq: KEEL; TSX: KEEL) (the “Company” or “Keel”), a North American digital infrastructure and energy company, today announced an update on its data center project in Sherbrooke, Québec. The Company has received approval from the City of Sherbrooke to enter into an agreement with Hydro-Sherbrooke for the transfer and operation of 96 MW of existing capacity, as well as a purchase agreement for a parcel of land on which to develop the data center. The transfer of the energy capacity to the new site is now subject to review and approval by Quebec's Ministry of Economy, Innovation and Energy (MEIE).