Blockmate Ventures Submitted Wyoming Data Center Zoning
The company filed plans for a 40-acre site in Wyoming after securing $1 million in private financing.
Updated on Sept. 21, 2026 in Data Centers
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Blockmate Ventures submitted a zoning and rezoning application for a 40-acre site in Wyoming on September 1, 2026. The firm intends to develop infrastructure assets related to artificial intelligence, energy, and technology.
Why it matters
The proposed facility aims to support capacity of up to 200 MW, leveraging a location approximately 0.5 miles from a nearby substation. Proceeds from a recent $1 million private placement are earmarked for the necessary engineering and site planning activities.
The company issued 20 million units at $0.05 per unit to raise $1 million in gross proceeds. The zoning application covers a 40-acre plot situated just 0.5 miles from an existing electrical substation.
The players
Blockmate Ventures
This company develops infrastructure assets focused on artificial intelligence, energy, and technology.
Domenic Carosa
He serves as the Executive Chairman of Blockmate Ventures.
Hivello
This entity launched a Bitcoin cloud mining product and plans to expand into GPU and AI compute.
OSL Group
This organization recently acquired Banxa Holdings for approximately CAD $100 million.
The details
Blockmate Ventures engaged engineering and surveying specialists to conduct technical assessments on the Wyoming property. The firm is also exploring further infrastructure opportunities across Canada, Australia, and the United States.
Timeline
June 16, 2026: Technical work began at the Wyoming site.
July 14, 2026: The company completed a $1 million private placement.
July 22-24, 2026: A Toronto investor roadshow was held.
September 1, 2026: The zoning application was submitted.
September 17, 2026: Date of current investor snapshot data.
Roadmap
The project reflects the broader push by technology firms to secure land with proximity to high-capacity energy infrastructure to meet rising demands. This strategy positions Blockmate Ventures alongside other entities competing for the necessary power allocation to fuel AI-focused data centers.
The proposed 200 MW facility represents a significant infrastructure investment that could eventually lead to new utility demands in the local area. Residents may see changes in land use around the 40-acre site as the planning and rezoning process moves through local government.
The takeaway
The move underscores how tech firms are prioritizing access to electrical substations to facilitate the expansion of power-hungry AI infrastructure. Investors and locals should monitor the zoning approval process to determine the project's long-term timeline and energy requirements.
Further reading
For more on industry infrastructure developments, visit Data Centers.
Source note: This article includes information reported by Colitco.
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