RETRANSMISSION: 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, marking a significant expansion of its sustainable blockchain infrastructure operations. Lamas, an electrical engineer with over 20 years of expertise, brings extensive experience in infrastructure, operations, and large-scale energy projects.
Previously serving as LATAM Director of Infrastructure and Operations at Bitfarms , Lamas has demonstrated leadership in critical technical initiatives and played a key role in the ITAIPU Retrofit Tender. At Paraguay's National Utility ANDE, he managed dam reservoir operations and national energy demand forecasting.
As HIVE becomes the largest private electricity consumer from ANDE, Lamas will focus on generating U.S. dollar-denominated revenue for the government while expanding HIVE's operations. The appointment follows HIVE's acquisition of Bitfarms' Paraguay assets and aligns with the company's commitment to sustainable growth and technological excellence in digital infrastructure.
HIVE Digital Technologies (NASDAQ: HIVE) ha nominato Gabriel Lamas come Presidente Nazionale del Paraguay, segnando un'importante espansione delle sue operazioni di infrastruttura blockchain sostenibile. Lamas, ingegnere elettrico con oltre 20 anni di esperienza, porta con sé una vasta esperienza in infrastrutture, operazioni e progetti energetici su larga scala.
In precedenza, ha ricoperto il ruolo di Direttore LATAM di Infrastrutture e Operazioni presso Bitfarms, dimostrando leadership in iniziative tecniche critiche e giocando un ruolo chiave nella Gara di Retrofit dell'ITAIPU. Presso l'ente nazionale ANDE del Paraguay, ha gestito le operazioni dei bacini idrici e la previsione della domanda energetica nazionale.
Con HIVE che diventa il più grande consumatore privato di elettricità da ANDE, Lamas si concentrerà sulla generazione di entrate in dollari statunitensi per il governo, espandendo al contempo le operazioni di HIVE. La nomina segue l'acquisizione da parte di HIVE degli asset di Bitfarms in Paraguay e si allinea con l'impegno dell'azienda per una crescita sostenibile e l'eccellenza tecnologica nelle infrastrutture digitali.
HIVE Digital Technologies (NASDAQ: HIVE) ha nombrado a Gabriel Lamas como Presidente Nacional de Paraguay, marcando una expansión significativa de sus operaciones de infraestructura blockchain sostenible. Lamas, ingeniero eléctrico con más de 20 años de experiencia, aporta una amplia experiencia en infraestructura, operaciones y proyectos energéticos a gran escala.
Anteriormente, se desempeñó como Director de Infraestructura y Operaciones de LATAM en Bitfarms, donde demostró liderazgo en iniciativas técnicas críticas y desempeñó un papel clave en la Licitación de Retrofit de ITAIPU. En la empresa nacional ANDE de Paraguay, gestionó las operaciones de los embalses de las represas y la previsión de la demanda energética nacional.
A medida que HIVE se convierte en el mayor consumidor privado de electricidad de ANDE, Lamas se centrará en generar ingresos en dólares estadounidenses para el gobierno mientras expande las operaciones de HIVE. La nombramiento sigue a la adquisición de los activos de Bitfarms en Paraguay por parte de HIVE y se alinea con el compromiso de la empresa con el crecimiento sostenible y la excelencia tecnológica en la infraestructura digital.
HIVE 디지털 기술 (NASDAQ: HIVE)는 가브리엘 라마스를 파라과이 국가 사장으로 임명하여 지속 가능한 블록체인 인프라 운영의 중요한 확장을 알렸습니다. 전기 엔지니어인 라마스는 20년 이상의 경력을 보유하고 있으며, 인프라, 운영 및 대규모 에너지 프로젝트에서 광범위한 경험을 가지고 있습니다.
이전에는 Bitfarms의 라틴 아메리카 인프라 및 운영 이사로 재직하며 중요한 기술 이니셔티브에서의 리더십을 입증하고 ITAIPU 리트로핏 입찰에서 중요한 역할을 했습니다. 파라과이의 국가 유틸리티 ANDE에서는 댐 저수지 운영과 국가 에너지 수요 예측을 관리했습니다.
HIVE가 ANDE의 최대 민간 전력 소비자가 됨에 따라, 라마스는 HIVE의 운영을 확장하는 동시에 정부를 위한 미국 달러로 수익을 창출하는 데 집중할 것입니다. 이 임명은 HIVE가 Bitfarms의 파라과이 자산을 인수한 후 이루어졌으며, 디지털 인프라에서 지속 가능한 성장과 기술적 우수성에 대한 회사의 약속과 일치합니다.
HIVE Digital Technologies (NASDAQ: HIVE) a nommé Gabriel Lamas au poste de Président National du Paraguay, marquant une expansion significative de ses opérations d'infrastructure blockchain durable. Lamas, ingénieur électricien avec plus de 20 ans d'expérience, apporte une vaste expérience en infrastructure, opérations et projets énergétiques à grande échelle.
Auparavant, il a occupé le poste de Directeur LATAM des Infrastructures et des Opérations chez Bitfarms, où il a démontré son leadership dans des initiatives techniques critiques et joué un rôle clé dans l'appel d'offres de rénovation de l'ITAIPU. À l'Agence Nationale ANDE du Paraguay, il a géré les opérations des réservoirs de barrage et la prévision de la demande énergétique nationale.
Alors que HIVE devient le plus grand consommateur privé d'électricité d'ANDE, Lamas se concentrera sur la génération de revenus en dollars américains pour le gouvernement tout en développant les opérations de HIVE. Cette nomination fait suite à l'acquisition par HIVE des actifs de Bitfarms au Paraguay et s'aligne sur l'engagement de l'entreprise en faveur d'une croissance durable et de l'excellence technologique dans les infrastructures numériques.
HIVE Digital Technologies (NASDAQ: HIVE) hat Gabriel Lamas zum Landespräsidenten von Paraguay ernannt, was eine bedeutende Expansion seiner nachhaltigen Blockchain-Infrastrukturoperationen markiert. Lamas, ein Elektroingenieur mit über 20 Jahren Erfahrung, bringt umfassende Kenntnisse in den Bereichen Infrastruktur, Betrieb und großangelegte Energieprojekte mit.
Vorher war er als LATAM-Direktor für Infrastruktur und Betrieb bei Bitfarms tätig, wo er Führungsstärke in kritischen technischen Initiativen gezeigt und eine Schlüsselrolle bei der ITAIPU-Retrofit-Ausschreibung gespielt hat. Bei der nationalen Versorgungsbehörde ANDE in Paraguay verwaltete er die Betriebsabläufe der Stauseen und die Prognose des nationalen Energiebedarfs.
Da HIVE der größte private Stromverbraucher von ANDE wird, wird Lamas sich darauf konzentrieren, Einnahmen in US-Dollar für die Regierung zu generieren und gleichzeitig die Aktivitäten von HIVE auszubauen. Die Ernennung folgt auf die Übernahme der Vermögenswerte von Bitfarms in Paraguay durch HIVE und steht im Einklang mit dem Engagement des Unternehmens für nachhaltiges Wachstum und technologische Exzellenz in der digitalen Infrastruktur.
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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/244818
FAQ
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