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Keel Infrastructure Corp (KEEL.TO)

Keel Infrastructure Corp (KEEL.TO)
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Keel Infrastructure Corp is a North American digital infrastructure and energy company that develops and owns data centers and energy infrastructure for high-performance computing workloads, including AI. The group has a pipeline of 2.2 gigawatts and established grid interconnections already in place. It delivers scalable infrastructure solutions in high-demand power markets across Pennsylvania and Washington in the United States, and Quebec in Canada. It has data campuses in Moses Lake, Panther Creek, Sharon, Sherbrooke, and Scrubgrass.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 229,276 192,881 146,366 142,428 169,491
Sales Growth +18.87% +31.78% +2.76% -15.97% +388.40%
Net Income -208,514 -54,063 -104,036 -239,050 22,130
Net Income Growth -285.69% +48.03% +56.48% -1,180.21% +235.86%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 1,296,344 667,616 378,725 343,098 542,587
Total Assets Growth +94.18% +76.28% +10.38% -36.77% +949.41%
Total Liabilities 735,969 59,621 83,963 87,531 120,005
Total Liabilities Growth +1,134.41% -28.99% -4.08% -27.06% +230.98%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow -226,594 -140,562 23,598 36,250 -37,170
Operating Cash Flow Growth -61.21% -695.65% -34.90% +197.52% -614.61%
Net Cash Flow 571,428 -24,487 53,133 -94,751 119,669
Change in Net Cash Flow +2,433.60% -146.09% +156.08% -179.18% +3,046.70%
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