AlphaGeo, an AI-powered geospatial predictive analytics company has announced a strategic collaboration with MARA (NASDAQ: MARA), a global leader in leveraging digital asset computing to support the energy transformation.
As MARA’s global footprint expands, AlphaGeo will provide detailed data on the physical climate risk and resilience attributes for every location of its data centers and other facilities. AlphaGeo will also leverage its proprietary machine-learning models to forecast the energy costs and insurance premiums.
“The nexus of the digital and energy economies is one of the most exciting revolutions underway today, and AlphaGeo is thrilled to be working with MARA to ensure it unfolds in a sustainable direction,” said Parag Khanna, AlphaGeo’s founder and CEO.
The Middle East, Africa and Asia are key regions in MARA’s global growth strategy. Across these energy-rich but climate-stressed areas, MARA’s investments will convert surplus grid power into economic value by creating digital assets, employing and upskilling the local community, and enhancing societal resilience as guided by AlphaGeo’s two dozen location resilience metrics.
“As MARA continues its global expansion, AlphaGeo’s advanced analytics will become an integral part of our strategic repertoire.” says Manoj Narender Madnani, MARA’s managing director of the EMEA region.
“Positioned at the intersection of two rapidly evolving sectors, MARA is committed to leveraging cutting-edge technologies to enhance our decision-making processes. By integrating AlphaGeo’s predictive analytics, we aim to optimize our existing operations, secure new opportunities, and pinpoint the most promising geographies for deploying our energy solutions”
“This collaboration will enable us to act swiftly and effectively in the dynamic global landscape, ensuring that our investments are both sustainable and impactful”, he adds.
AlphaGeo will further offer its expertise to MARA as it works closely with financial partners and host governments to assess national energy supply and demand dynamics, address specific concerns such as water risk, and calculate power generation potential from existing and planned grid investments as well as renewable sources. MARA and AlphaGeo will publish joint case studies on country-level engagements.
AlphaGeo’s product suite includes hyper-local downscaling of climate risks (such as heatwaves, droughts, floods and wildfires) from today through 2100 under multiple climate change scenarios, scoring of local adaptation measures (such as sea walls, water desalination plants, flood controls and fire stations), as well as OpEx and CapEx costs.
Founded in 2022 by renowned strategic geographer Dr. Parag Khanna, AlphaGeo has management and operations across Singapore and New York. Its clients include major institutional investors in real estate and infrastructure as well as insurance companies and market analytics platforms.
