Canada: Kineticor and Pembina launch joint project for an energy and data centre complex

Kineticor Asset Management and Pembina Pipeline Corporation announce a partnership to develop a major project in Alberta, combining an electricity generation plant and a data centre complex. The project aims to meet the growing demand of the local data centre industry.

Share:

Subscribe for unlimited access to all the latest energy sector news.

Over 150 multisector articles and analyses every week.

For less than €3/week*

*For an annual commitment

*Engagement annuel à seulement 99 € (au lieu de 149 €), offre valable jusqu'au 30/07/2025 minuit.

Kineticor Asset Management LP (“Kineticor”) and Pembina Pipeline Corporation (“Pembina”) have entered into a strategic partnership to develop the Greenlight Electricity Centre (“GLEC”), an energy project combining an electricity generation plant and a data centre complex in Alberta. The project, whose first phase could reach a capacity of 1,800 MW, relies on a partnership between Kineticor and Pembina, with the latter taking a 50% stake in the Greenlight Electricity Centre Limited Partnership (“Greenlight LP”).

The GLEC will consist of modular phases, each approximately 450 MW, and will be designed to meet the growing energy needs of the data centre industry. The plant will be coupled with a data storage infrastructure, which could house a data centre with a similar capacity of 1,800 MW. Located in Alberta’s “Industrial Heartland”, the area is particularly advantageous due to its proximity to transmission lines, energy infrastructure, as well as options for carbon sequestration and fibre optics.

Development supported by existing infrastructure

The project benefits from Kineticor’s experience, already responsible for managing and operating the 900 MW Cascade Power Plant near Edson, Alberta. According to Stu Taylor, Senior Vice President and Head of Corporate Development at Pembina, this partnership allows Pembina to extend its value chain, notably through its Alliance Pipeline network, which could supply natural gas to the plant. He also discussed the opportunity to integrate emissions reduction solutions, thanks to the upcoming Alberta carbon network.

Andrew Plaunt, CEO of Kineticor, highlighted the advantages of the site chosen for GLEC, particularly the large available space, access to a robust electrical grid, and potential decarbonisation solutions. This project thus provides an ideal framework for infrastructure development on such a scale, meeting energy needs while aligning with provincial environmental goals.

Meeting the growing energy demand for data centres

The GLEC aims to meet the energy needs of the rapidly growing data centre industry in Alberta. The power plant is currently in phase 3 of the interconnection process with the Alberta Electric System Operator (“AESO”), and the project is also advancing in terms of permitting, design, and contracting. Depending on demand, the plant could either supply energy directly to on-site data centres or connect to the grid to support electricity demand across the province.

The development of GLEC has already begun discussions with several potential clients who could establish their data centres on the project’s land or enter into long-term power purchase agreements. This project aims to facilitate the rapid deployment and expansion of data infrastructure, with reliable and affordable energy supply.

Supporting Alberta’s vision for a prosperous data centre industry

The Government of Alberta has set an ambitious goal of attracting $100 billion in investments in data centres by 2030. This partnership between Pembina and Kineticor supports this objective by providing reliable and scalable energy solutions for data centres in Alberta. The planned infrastructure could serve as a model for the growth of the industry in the province, meeting energy needs while supporting local economic ambitions.

ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.
Developer Acen Australia has submitted a battery storage project to the federal government, targeting 440MW/1,760MWh in a region near solar and mining infrastructure in Queensland.
Joule, Caterpillar and Wheeler have signed a partnership to provide four gigawatts of energy to a next-generation data centre campus in Utah, integrating battery storage and advanced cooling solutions.
GFL Environmental announces the recapitalization of Green Infrastructure Partners at an enterprise value of $4.25bn, involving new institutional investors and a major redistribution of capital to its shareholders.
Uniper reaffirms its targets for the year, narrows its forecast range, and strengthens its transformation strategy while launching cost-cutting measures in a demanding market environment.
BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
Brookfield acquires 19.7% of Duke Energy Florida for $6 billion, strengthening the group's investment capacity and supporting a five-year modernisation plan valued at $87 billion.
Suncor Energy reports improved profitability in the second quarter of 2025, driven by controlled industrial execution and a market-focused financial policy.
Rubellite Energy Corp. reports a 92% rise in heavy oil production and a reduction in net debt in the second quarter of 2025, driven by increased investment in the development of Figure Lake and Frog Lake.
With a net profit of $1.385bn in the second quarter of 2025 and a sharp rise in capex, ADNOC Gas consolidates its position in the global natural gas market.
Siemens Energy posts historic third-quarter orders, significant revenue growth and lifts its dividend ban, reinforcing its backlog strength and ambitions for profitable growth in 2025.
The proliferation of Chinese industrial sites abroad, analysed by Wood Mackenzie, allows renewable energy players to expand their hold on the sector despite intensified global protectionist measures.
Pedro Cherry becomes chief executive officer of Mississippi Power, succeeding Anthony Wilson, as the company navigates regional growth and significant challenges in the energy sector of the southern United States.
METLEN Energy & Metals makes its debut on the London Stock Exchange after a share exchange offer accepted by more than 90% of shareholders, opening a new phase of international growth.
Q ENERGY France secures a EUR109mn loan from BPCE Energeco for the construction of two wind farms and two solar power plants with a combined capacity of 55 MW.
The Canadian energy infrastructure giant launches major projects totaling $2 billion to meet explosive demand from data centers and North American industrial sector.
Chevron’s net profit dropped sharply in the second quarter, affected by falling hydrocarbon prices and exceptional items, as the group completed its acquisition of Hess Corporation.
ExxonMobil reports a decrease in net profit to $7.08bn in the second quarter but continues its policy of high shareholder returns and advances its cost reduction objectives.
Sitka Power Inc. completes the acquisition of Synex Renewable Energy Corporation for $8.82 mn, consolidating its hydroelectric assets and strengthening its growth strategy in Canada.
DLA Piper assists Grupo Cox in a planned transfer of Iberdrola assets in Mexico, with a reported value of $4.2 billion, mobilising an international legal team.
Consent Preferences