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:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

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.

Shell extends its early participation premium to all eligible holders after collecting over $6.2bn in validly tendered notes as part of its financial restructuring operation.
After 23 years at ITC Holdings Corp., Chief Executive Officer Linda Apsey will retire in March 2026. She will be replaced by Krista Tanner, current President of the company, who will also join the Board of Directors.
ReGen III confirmed receipt of $3.975mn in sub-agreements tied to its convertible debenture exchange programme, involving over 97% of participating holders.
Activist fund Enkraft demands governance guarantees as ABO Energy’s founding families prepare a change of control, under an open market listing and KGaA structure that offers limited protection to minority shareholders.
China National Petroleum Corp has inaugurated a new electricity-focused entity in Beijing, marking a strategic step in the organisation of its new energy assets.
Czech billionaire Daniel Kretinsky expands further into energy with a strategic investment in TotalEnergies, via his holding EPH, in exchange for assets valued at €5.1bn.
France’s competition authority fines TotalEnergies, Rubis and EG Retail over a cartel restricting access to Corsican oil depots, affecting the local fuel distribution market.
EDF and OpCore are converting a former thermal power plant south-east of Paris into one of Europe’s largest data centre campuses, backed by a €4 billion ($4.31bn) investment and scheduled to begin service in 2027.
Four companies completed a global series of secure remote additive manufacturing to locally produce certified parts for the oil and gas industry, marking a key industrial milestone for supply chain resilience.
BW Offshore and BW Group create BW Elara, a joint venture for floating desalination units, combining offshore engineering and water treatment to meet urgent freshwater needs.
Frontera Energy will separate its oil and infrastructure operations in Colombia to create two independent entities with distinct strategies, with completion expected in the first half of 2026.
TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.
Standard Lithium receives growing institutional backing in the United States to develop direct lithium extraction in Arkansas, a strategic area where the company positions itself against Exxon Mobil.
SBM Offshore reports year-to-date Directional revenue of $3.6bn, driven by Turnkey performance and the addition of three new FPSOs to its global fleet.
The European Commission is developing a scheme mandating a minimum share of EU-made low-carbon steel in public procurement, alongside a post-safeguard trade regime and targeted energy support to sustain the continental steel industry.
Sunsure Energy will supply Deepak Fertilisers with 19.36 MW of hybrid solar and wind power, delivering 55 mn units of electricity annually to its industrial facility in Raigad, Maharashtra.
IonQ will deploy a quantum computer and entanglement distribution network at the University of Chicago, strengthening its technological presence within the Chicago Quantum Exchange and accelerating its product roadmap.
Texas-based energy solutions provider VoltaGrid secures record mixed financing to expand its decentralised power generation portfolio, primarily targeting hyperscale data centres.
Kuwait's IMCC and Egypt's Maridive have formalised a joint venture based in Abu Dhabi to expand integrated offshore marine operations regionally and internationally.
In New York, Chevron outlines its long-term vision following the Hess integration, focusing on financial stability, spending reduction, and record production to consolidate investor confidence.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.