TGI Solar Power Group, Inc. (OTC PINK:TSPG) (“TGI”), a leader in sustainable technology and environmental real estate development, diversified holding company, is pleased to announce it has signed a Letter of Intent (LOI) to acquire XGC Corp (“XGC”), an Ontario-based leader in Sovereign AI and Blockchain infrastructure. The transaction, valued at $1.8 million, positions TGI at the forefront of the global carbon market by integrating XGC’s national-grade carbon registry and GeoAI-enabled MRV (Measurement, Reporting, and Verification) technology.
The acquisition will be structured into a newly formed Wyoming subsidiary, designed to deploy XGC’s “Sovereign Operating System” to governments seeking to monetize natural capital under Article 6 of the Paris Agreement.
Strategic Value & Disruptive Technology
XGC Corp provides a first-of-its-kind “Sovereign-as-a-Service” platform. Unlike traditional carbon market intermediaries, XGC’s technology acts as a “National Central Bank for Carbon,” allowing sovereign nations to:
Digitize Natural Assets: Transform forests, mangroves, and industrial projects into high-integrity, blockchain-verified carbon credits.
Automate Trust: Use GeoAI and satellite monitoring to provide real-time verification, replacing slow and expensive manual auditing.
Ensure Social Equity: Implement a “Worker-First” smart contract waterfall that guarantees local wages and a 10% automated royalty to host-nation Ministries of Environment.
Revenue Model & Financial Potential
The transaction unlocks a multiplicative revenue stream for the combined entity:
5% SaaS Fee: TGI/XGC will earn a 5% gross fee on every carbon credit minted, traded, or retired through its national registries.
Scalable Annual Recurring Revenue (ARR): With an anchor market target in Uganda (projected $1.09M annual SaaS fee) and a roadmap to onboard four nations per year, the partnership targets a Year 1 recurring revenue milestone of ~$4.32M, doubling to ~$8.64M in Year 2.
High Lifetime Value (LTV): Due to the mandated nature of national registry infrastructure, each sovereign implementation carries an estimated 10-year LTV of $10M+.
Immediate Project Pipeline
The partnership will immediately focus on high-impact global projects:
- Angola (ADVENT City): Integrating XGC as the digital backbone for a 1,600km “Blue-Carbon Spine,” registering mangrove and renewable energy assets.
- Dominican Republic: Deploying ship-based Sargassum harvesting technology to convert environmental waste into high-margin Biochar Carbon Removals (CDR), with a regional gross value potential estimated at $1.4B-$2.6B.
- Kazakhstan: Providing the registry layer for SMR-generated power credits and international credit exports to Singapore and CORSIA markets.
Management Commentary
“This acquisition is a transformative step for TGI,” said the Spokesperson for TGI Solar Power Group. “By acquiring XGC, we are not just buying software; we are acquiring a gateway into the sovereign carbon economy. Daniel Brody’s vision of a transparent, AI-driven registry aligns perfectly with our commitment to sustainable energy and infrastructure.”
Daniel Brody, CEO of XGC Corp, added: “Joining forces with TGI allows us to accelerate the deployment of our National Carbon Registry toolkit. Our goal is to empower developing nations to capture climate finance directly, ensuring that environmental protection becomes a primary driver of national wealth rather than a liability.”
Transaction Details
The LOI specifies a 90-day due diligence period, during which time a beta version of the integrated AI-backed software will be available for testing. Final closing is expected immediately following the satisfaction of customary closing conditions and definitive agreement signatures.
