KiNRG Acquires TRINITY Group Construction through Stock Purchase Agreement

KiNRG, Inc., whose focus is to become a leading provider of clean efficient green energy and green hydrogen, announced that on March 31, 2026, the Company signed a Stock Purchase Agreement (SPA) with TRINITY Construction Group, Inc., which is a private general contractor based in Herndon, Virginia. 

Terms of the Transaction
Under the terms of the Stock Purchase Agreement (the "SPA"), the Company acquired 100% of the issued and outstanding capital stock of TRINITY. The aggregate purchase price was $8,200,000, consisting of (i) $1,000,000 in cash, (ii) 4,200,000 shares of the Company's common stock, par value $0.0001 per share, and (iii) a promissory note in the principal amount of $3,000,000.

The Acquisition closed on April 1, 2026. As a result, TRINITY is now a wholly owned subsidiary of the Company.

"The completion of this acquisition represents an important step forward for KiNRG," said Ron Pickett, Chief Executive Officer of KiNRG, Inc. "We believe that integrating TRINITY's infrastructure development capabilities with our energy strategy positions us to pursue opportunities in data center and related markets. TRINITY's experience supporting large-scale mission-critical infrastructure projects enhances our ability to compete in these sectors."

"Together, we can offer creditworthy data center developers fully customized, build-to-suit facilities paired with reliable, long-term energy at a fixed price for the tenants. We believe this is an approach that not only simplifies deployment but also strengthens financing through stable power agreements. This model positions KiNRG to generate both near-term value through construction and sustained, recurring returns from our energy platform. Simply put, this acquisition aligns perfectly with our strategy and creates a powerful foundation for long-term growth."

TRINITY Group Construction | https://www.trinitygc.us/

KiNRG | https://www.kinrg.com/