Agreement unlocks new revenue from PowerBank's existing assets by co-locating containerized AI compute

Distributed, speed-to-power model pairs energy generation with AI compute to shorten transmission-queue bottlennecks

TORONTO, June 29, 2026 /CNW/ - PowerBank Corporation (NASDAQ:PBK) (Cboe CA: PBK) (FSE: 103) ("PowerBank" or the "Company"), a leader in independent energy development and asset ownership in North America, is pleased to announce the execution of a Joint Development Agreement ("JDA") with Nodiac Development. ("Nodiac") a distributed data center power infrastructure company specializing in the development and deployment of modular, containerized data centers co-located with energy assets.