Benzinga | May 25, 2021 09:10AM EDT

CleanSpark, Int'l. Land Alliance Offer Update On Community Microgrid Project: CleanSpark Successfully Deploy Microgrid In ILA's Model Home, Now Moving To Next Phase To Provide All Units In ILA's Plaza Bajamar Community With Installations

International Land Alliance, Inc. (OTCQB: ILAL), ("ILA"), an international land investment and development firm, and CleanSpark, Inc. (NASDAQ:CLSK), ("CleanSpark"), a diversified energy services and Bitcoin mining company, focused on solving modern energy challenges, are pleased to provide an update surrounding CleanSpark's advanced solar-plus-storage power solutions at ILA's Plaza Bajamar development.

CleanSpark serves as the exclusive partner for the engineering, design, development, and controls of all renewable energy solutions across ILA's property portfolio.

"Solar is the premier electricity solution for sustainable housing and a key differentiating component for our developments in Baja California," said Roberto Valdes, Chairman & Chief Executive Officer of ILA. "With CleanSpark at the forefront of the microgrid and renewable energy applications industry, they continue to be an ideal partner for ILA as we complete the installation of renewable solar solutions on our Merlot model homes at Plaza Bajamar. CleanSpark's team has been assisting ILA throughout the entire process, as we progress towards a self-sustaining community."

"CleanSpark has redefined energy infrastructure for residential homes across North America, providing cost-effective solutions that enable truly sustainable development," said Zach Bradford, Chief Executive Officer of CleanSpark. "We have already successfully deployed a microgid on ILA's model home and we are now moving to the next phase in which we will provide all of the units in ILA's Plaza Bajamar community with solar microgrid installations which will be supported by our software solutions. We have been pleased with the progress of this mutually beneficial agreement with ILA, even in the face of a global pandemic. Our contracted agreement represents significant revenue potential for CleanSpark and allows ILA to realize its goal of providing affordable, environmentally sound housing to the Baja California region."

The Plaza Bajamar community is located within the internationally renowned Bajamar Ocean Front Hotel and Golf Resort. The Bajamar Ocean Front Golf Resort is a master planned guarded and gated wine and golf community located 45 minutes south of the San Diego-Tijuana Border along the scenic toll road to Ensenada on the Pacific Ocean.

Pricing for this highly desired Merlot floorplan currently start at $199,000 with a variety of financing and payment options. Additionally, ILA is providing its shareholders a $10,000 promotional discount through the end of May 2021. Interested buyers and brokers are encouraged to visit: https://ila.company/plaza-at-bajamar/. To speak to a sales representative and make an appointment to tour the community, contact Analo Valdes at sales@ila.company or (858) 900-8056.

Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at info@cleanspark.com or visiting the Company's website at www.cleanspark.com.