HIVE Digital Technologies Welcomes Gabriel Lamas as Country President of Paraguay
HIVE Digital Technologies (NASDAQ: HIVE) has appointed Gabriel Lamas as Country President of Paraguay to lead operations and expansion in the region. Lamas, an electrical engineer with over 20 years of expertise in infrastructure and energy projects, joins HIVE from his previous role at Bitfarms , where he served as LATAM Director of Infrastructure and Operations.
His experience includes managing dam reservoir operations and national energy demand forecasting at Paraguay's National Utility, ANDE. As HIVE becomes the largest private electricity consumer from ANDE, Lamas will be instrumental in generating U.S. dollar-denominated revenue for the government while expanding the company's sustainable blockchain infrastructure and high-performance computing operations.
The appointment follows HIVE's acquisition of Bitfarms' Paraguay assets, where Lamas' technical expertise in power infrastructure and data centers will be important for the company's growth strategy in sustainable digital infrastructure operations throughout 2025 and beyond.
HIVE Digital Technologies (NASDAQ: HIVE) ha nominato Gabriel Lamas come Presidente Nazionale del Paraguay per guidare le operazioni e l'espansione nella regione. Lamas, ingegnere elettrico con oltre 20 anni di esperienza in progetti di infrastruttura ed energia, si unisce a HIVE dopo aver ricoperto il ruolo di Direttore delle Infrastrutture e Operazioni LATAM in Bitfarms.
La sua esperienza include la gestione delle operazioni dei bacini idrici e la previsione della domanda energetica nazionale presso l'Utility Nazionale del Paraguay, ANDE. Con HIVE che diventa il più grande consumatore privato di elettricità da ANDE, Lamas sarà fondamentale per generare entrate in dollari USA per il governo, mentre espande l'infrastruttura blockchain sostenibile dell'azienda e le operazioni di calcolo ad alte prestazioni.
La nomina segue l'acquisizione da parte di HIVE degli asset di Bitfarms in Paraguay, dove l'expertise tecnica di Lamas nell'infrastruttura energetica e nei data center sarà importante per la strategia di crescita dell'azienda nelle operazioni di infrastruttura digitale sostenibile fino al 2025 e oltre.
HIVE Digital Technologies (NASDAQ: HIVE) ha nombrado a Gabriel Lamas como Presidente del País de Paraguay para liderar las operaciones y la expansión en la región. Lamas, ingeniero eléctrico con más de 20 años de experiencia en proyectos de infraestructura y energía, se une a HIVE tras su anterior cargo en Bitfarms, donde se desempeñó como Director de Infraestructura y Operaciones para LATAM.
Su experiencia incluye la gestión de las operaciones de embalses y la previsión de la demanda energética nacional en la Utility Nacional de Paraguay, ANDE. A medida que HIVE se convierte en el mayor consumidor privado de electricidad de ANDE, Lamas será fundamental para generar ingresos en dólares estadounidenses para el gobierno, mientras expande la infraestructura blockchain sostenible de la empresa y las operaciones de computación de alto rendimiento.
El nombramiento sigue a la adquisición de HIVE de los activos de Bitfarms en Paraguay, donde la experiencia técnica de Lamas en infraestructura energética y centros de datos será importante para la estrategia de crecimiento de la empresa en operaciones de infraestructura digital sostenible hasta 2025 y más allá.
HIVE 디지털 기술 (NASDAQ: HIVE)는 가브리엘 라마스를 파라과이 국가 사장으로 임명하여 지역의 운영 및 확장을 이끌게 합니다. 라마스는 20년 이상의 인프라 및 에너지 프로젝트 경험을 가진 전기 엔지니어로, 비트팜스에서 LATAM 인프라 및 운영 이사로 근무한 경력이 있습니다.
그의 경험에는 파라과이 국가 유틸리티인 ANDE에서 댐 저수지 운영 관리 및 국가 에너지 수요 예측이 포함됩니다. HIVE가 ANDE의 최대 민간 전력 소비자가 됨에 따라, 라마스는 정부를 위해 미국 달러로 수익을 창출하는 데 중요한 역할을 하게 되며, 회사의 지속 가능한 블록체인 인프라와 고성능 컴퓨팅 운영을 확대하는 데 기여할 것입니다.
이번 임명은 HIVE가 비트팜스의 파라과이 자산을 인수한 후 이루어졌으며, 라마스의 전력 인프라 및 데이터 센터에 대한 기술 전문성이 2025년 이후 지속 가능한 디지털 인프라 운영을 위한 회사의 성장 전략에 중요할 것입니다.
HIVE Digital Technologies (NASDAQ: HIVE) a nommé Gabriel Lamas en tant que Président National du Paraguay pour diriger les opérations et l'expansion dans la région. Lamas, ingénieur électricien avec plus de 20 ans d'expertise dans les projets d'infrastructure et d'énergie, rejoint HIVE après avoir occupé le poste de Directeur des Infrastructures et des Opérations LATAM chez Bitfarms.
Son expérience comprend la gestion des opérations des réservoirs de barrage et la prévision de la demande énergétique nationale auprès de l'Utility Nationale du Paraguay, ANDE. Alors qu'HIVE devient le plus grand consommateur privé d'électricité d'ANDE, Lamas sera essentiel pour générer des revenus en dollars américains pour le gouvernement tout en développant l'infrastructure blockchain durable de l'entreprise et ses opérations de calcul haute performance.
Cette nomination fait suite à l'acquisition par HIVE des actifs de Bitfarms au Paraguay, où l'expertise technique de Lamas dans l'infrastructure énergétique et les centres de données sera cruciale pour la stratégie de croissance de l'entreprise dans les opérations d'infrastructure numérique durable jusqu'en 2025 et au-delà.
HIVE Digital Technologies (NASDAQ: HIVE) hat Gabriel Lamas zum Landespräsidenten von Paraguay ernannt, um die Operationen und die Expansion in der Region zu leiten. Lamas, ein Elektroingenieur mit über 20 Jahren Erfahrung in Infrastruktur- und Energieprojekten, kommt von Bitfarms, wo er als LATAM-Direktor für Infrastruktur und Betrieb tätig war.
Seine Erfahrung umfasst das Management von Stauseebetrieben und die Prognose des nationalen Energiebedarfs bei der Nationalen Versorgungsbehörde Paraguays, ANDE. Da HIVE der größte private Stromverbraucher von ANDE wird, wird Lamas entscheidend dazu beitragen, Einnahmen in US-Dollar für die Regierung zu generieren, während er die nachhaltige Blockchain-Infrastruktur des Unternehmens und die Hochleistungsrechenoperationen ausbaut.
Die Ernennung folgt auf die Übernahme von HIVE der Vermögenswerte von Bitfarms in Paraguay, wo Lamas' technische Expertise in der Energieinfrastruktur und in Rechenzentren für die Wachstumsstrategie des Unternehmens in nachhaltigen digitalen Infrastrukturoperationen bis 2025 und darüber hinaus von Bedeutung sein wird.
- Strategic acquisition of Bitfarms' Paraguay assets strengthens regional presence
- Becoming largest private electricity consumer from Paraguay's national utility ANDE
- Appointment of experienced executive with regional expertise and technical background
- None.
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 3, 2024 to its short form base shelf prospectus dated September 11, 2024.
San Antonio, Texas--(Newsfile Corp. - March 17, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) (the "Company" or "HIVE") a leading innovator in sustainable blockchain infrastructure, is proud to announce the appointment of Gabriel Lamas as Country President of Paraguay. Mr. Lamas will lead HIVE's operations and expansion in the region in this role, reinforcing the Company's position as a frontrunner in high-performance computing and green energy-powered data centers.
A Proven Leader in Infrastructure and Energy
Gabriel Lamas, a highly accomplished electrical engineer, brings over 20 years of expertise in infrastructure, operations, and large-scale energy projects. Fluent in three languages, he is known for his technical acumen, leadership, and unwavering discipline. A devoted family man and dedicated athlete, Lamas starts every day with a 5 a.m. workout, a testament to his relentless drive—qualities that will define his leadership at HIVE.
Lamas has played a pivotal role in shaping Latin America's digital and energy landscape. He led critical technical initiatives and large-scale operational projects as LATAM Director of Infrastructure and Operations and Global Director of Engineering and Design at Bitfarms Ltd. His leadership was also instrumental in the ITAIPU Retrofit Tender, where he oversaw the Basic Engineering phase and secured strategic contracts with top-tier contractors.
At Paraguay's National Utility, ANDE, Lamas managed dam reservoir operations, national energy demand forecasting, and transmission grid optimization. His contributions to implementing SCADA-EMS control center systems significantly enhanced the country's energy infrastructure, reinforcing his reputation as a visionary in energy efficiency and digital transformation.
Strategic Leadership For Growth
Frank Holmes, Co-Founder and Executive Chairman of HIVE, underscored Lamas' vital role in driving the Company's success in Paraguay:
"As we become the largest private electricity consumer from ANDE, Paraguay's national utility, HIVE will play a vital role in generating a steady stream of U.S. dollar-denominated revenue for the government. Gabriel's ability to execute and lead will be instrumental in ensuring our operations thrive while contributing positively to the local economy."
Beyond the public sector, Lamas has provided high-level consulting for global manufacturers of power equipment, automation, and control systems, showcasing his versatility and deep industry insight.
A Natural Fit For HIVE
HIVE CEO and President, Aydin Kilic, who, along with HIVE's COO Luke Rossy, met with Gabriel Lamas last month as part of their final due diligence in acquiring Bitfarms' assets, spoke highly of Lamas' leadership and expertise:
"When Luke Rossy and I met Gabriel during our final due diligence for acquiring Bitfarms' Paraguay assets, it was immediately clear that he was the right leader to drive our expansion. As an electrical engineer with deep experience in power infrastructure and data centers, he understands the technical and operational aspects of scaling sustainable high-performance computing. His discipline and leadership will be invaluable as we establish HIVE as Paraguay's premier digital infrastructure operator."
A Vision For The Future
Expressing his enthusiasm for his new role, Lamas stated:
"I'm honored to join HIVE at such an exciting time. The future of digital services is being shaped right now, and Paraguay is poised to play a key role in this evolution. HIVE's commitment to sustainable growth and technological excellence is truly inspiring, and I'm eager to lead our efforts in making this vision a reality."
He continued:
"As HIVE's Country President of Paraguay, I am fully committed to leveraging my expertise to drive innovation, efficiency, and sustainable expansion. I will work tirelessly to ensure that our ambitions translate into meaningful impact—leaving a lasting mark on the digital landscape."
A Transformational Year Ahead
With HIVE Digital Technologies at the forefront of sustainable data center innovation, the Company is confident that Lamas' strategic vision, operational expertise, and leadership will propel its Paraguay operations to new heights. His appointment marks an exciting new chapter as HIVE continues its transformative growth trajectory into 2025 and beyond.
About HIVE Digital Technologies Ltd.
HIVE Digital Technologies Ltd. is a pioneering technology company advancing sustainable blockchain and AI infrastructure powered by green energy. As the first cryptocurrency miner to go public on the TSX Venture Exchange in 2017, HIVE has grown into a global leader in digital asset mining and AI computing. With operations in Canada, Sweden, and soon Paraguay, HIVE continues to innovate while reducing its environmental footprint.
For more information, visit hivedigitaltech.com, or connect with us on:
X: https://x.com/HIVEDigitalTech
YouTube: https://www.youtube.com/@HIVEDigitalTech
Instagram: https://www.instagram.com/hivedigitaltechnologies/
LinkedIn: https://linkedin.com/company/hiveblockchain
On Behalf of HIVE Digital Technologies Ltd.
"Frank Holmes"
Executive Chairman
For further information, please contact:
Nathan Fast, Director of Marketing and Branding
Frank Holmes, Executive Chairman
Aydin Kilic, President & CEO
Tel: (604) 664-1078
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244817
FAQ
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