Keel Infrastructure completes Paso Pe site sale for $13 million

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Keel Infrastructure Announces Closing of Paso Pe Sale

April 22, 2026 7:00 AM EDT

NEW YORK, April 22, 2026 (GLOBE NEWSWIRE) -- Keel Infrastructure Corp. (NASDAQ/TSX: KEEL) (Keel Infrastructure or Keel), a North American digital and energy infrastructure company, today closed the previously announced sale of its 70 MW site in Paso Pe, Paraguay. After customary closing adjustments, total proceeds from the sale were approximately $13 million, from an originally agreed price of up to $30 million. The revision reflects the deterioration in Bitcoin mining economics and broader macro factors. Under the terms of the share purchase agreement, Sympatheia Power Fund led the acquisition from Keel and its affiliates of 100% of... More