NextNRG Plans $22 Million Acquisition of 33-Acre Indiana Site

• NextNRG signed a non-binding term sheet to acquire approximately 33 acres in South Bend, Indiana, from Envision South Bend for $22 million.
• The proposed purchase comprises $500,000 in cash, $10 million in a newly designated class of Preferred Stock and $11.5 million in debt.
• Plans call for developing approximately 27 acres as Lone Wolf Energy Center, supporting up to 70 megawatts of data center capacity, potentially 100.
• A binding 10-year pharmaceutical tenant lease covers the existing approximately 50,000-square-foot building, effective upon acquisition.
• Annual rent is the greater of $250,000, escalating 3% annually, or 10% of tenant Net Premises Revenue, capped at $2.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NextNRG Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611050845PRIMZONEFULLFEED9871183) on November 05, 2026, and is solely responsible for the information contained therein.