Home Energy company Mawson Infrastructure Group Inc.Announces Australia’s First 100% Renewable Energy Site in Partnership...

Mawson Infrastructure Group Inc.Announces Australia’s First 100% Renewable Energy Site in Partnership with Quinbrook Infrastructure Partners

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SYDNEY – (COMMERCIAL THREAD) – Mawson Infrastructure Group Inc. (NASDAQ: MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce that its first Australian site will go live in October 2021, powered 100% by energy renewable, in partnership with Quinbrook Infrastructure Partners (“Quinbrook”).

Mawson and Quinbrook have teamed up on the initial 20 MW site in northern New South Wales, Australia. This initial site allows Mawson to establish a strategic operation in Australia. Mawson will deploy a next-generation Modular Data Center (MDC) specifically designed for Australian conditions at this facility, adding approximately 0.4 PE to global operations.

Beyond the initial 20 MW project, Mawson and Quinbrook have identified a pipeline of renewable energy assets in Quinbrook’s portfolio in Australia and the United States, where future sites are expected to be jointly developed.

James Manning, CEO and Founder of Mawson, said: “Quinbrook’s values, its experienced team and its diverse operations have made it a logical partner. Our partnership reflects our shared vision that renewable energy will be the key to future data center infrastructure. Mawson seeks to identify renewable energy projects that lead the transition to a low-carbon society, with a key focus on sustainable bitcoin mining. Quinbrook’s deep experience in energy and emphasis on ESG investment principles made this first project an obvious choice. “

About Mawson Infrastructure

Mawson Infrastructure is a digital infrastructure provider, with operations diversified in cryptocurrency mining and digital asset management. Based in Sydney, Australia and operating in the United States and Australia, Mawson Infrastructure’s mission is to bridge the burgeoning digital asset industry with traditional capital markets, with a strong focus on shareholder returns. Mawson combines energy infrastructure with next-generation mobile data center solutions, enabling the proliferation of blockchain technology.

For more information visit: www.mawsoninc.com

About Quinbrook Infrastructure Partners

Quinbrook Infrastructure Partners is a specialist investment manager focused exclusively on investing in low carbon infrastructure and renewable energy and managing operational assets. Quinbrook’s global investment and portfolio teams are actively developing and building a portfolio of over 17 GW of onshore wind power, solar PV, peak power reserve, battery storage projects, grid support and infrastructure, power plants virtual electricity and community energy grids in the United States, United Kingdom and Australia. .

For more information visit: www.quinbrook.com

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of referencing words. to future events or circumstances such as “expect”, “intend”, “plan”, “anticipate”, “believe” and “will”, among others. Since these statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. These forward-looking statements are based on Mawson’s current expectations and involve assumptions which may never materialize or may prove to be inaccurate. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements due to various risks and uncertainties, which include, but are not limited to, the possibility that Mawson’s need and ability to raise additional capital. , development and acceptance of digital asset networks and digital assets and their protocols and software, reduction of incentives to operate digital assets over time, costs associated with the extraction of digital assets, volatility in the value and prices of cryptocurrencies and new regulation or regulation of digital assets. More detailed information on the risks and uncertainties affecting Mawson is contained in the “Risk Factors” section included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 1, 2021 and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on August 10, 2021 and in other documents that Mawson has filed and may file with the SEC in the future. We should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Since these statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. Mawson assumes no obligation to update these statements to reflect events that occur or circumstances that exist after the date they were made, except as required by law.