Foresight Autonomous signs term sheet to buy 50.01% stake in Polish data center developer
Bitget2026/09/28 12:09- Foresight Autonomous Holdings entered a non-binding term sheet to buy 50.01% of a Polish data center development company.
- Target holds 66.67% stakes in two projects in Warsaw and Wroclaw with planned combined power capacity up to 270 MW.
- Purchase price to be set by an independent valuation; consideration to be financed entirely through a seller loan.
- At closing, Foresight expects to contribute about USD 1 million, then provide up to USD 2.5 million in additional shareholder loans.
- Deal remains subject to due diligence, definitive documentation, valuation, transaction structure agreement, and required approvals.
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