Kalina Power and Crusoe Announce Partnership to Develop Data Centers in Alberta

Kalina Power and Crusoe Energy Systems have signed a strategic agreement to develop data centers in Alberta, utilizing excess energy resources and promoting a more sustainable approach for the technology sector.

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

Kalina Power and Crusoe Energy Systems recently signed a framework agreement aimed at co-developing multiple data centers in Alberta, a strategic initiative that could reshape the energy supply for the technology sector. The goal of this collaboration is to leverage excess energy, particularly natural gas, to power data processing infrastructures while maximizing energy efficiency.

Innovative Approach for Data Centers

This partnership takes advantage of Kalina Power’s ability to use technologies that capture residual heat from industrial processes to generate electricity. Integrating this technology into data centers allows for meeting the growing demand for more efficient and sustainable energy solutions. By utilizing excess energy, the data centers can reduce costs while contributing to a more environmentally friendly approach.

Reducing Energy Costs and Maximizing Efficiency

Data centers, the driving force of the digital age, consume a significant portion of global energy, leading to the search for solutions to reduce their energy footprint. Kalina Power’s model, combined with Crusoe’s expertise in data center management, offers a viable way to optimize resource use while maintaining strong profitability. This model could potentially transform how data centers are powered and operated.

Impact on the Local Economy and the Energy Industry

This partnership goes beyond the technological aspect. It is also part of a project that could stimulate Alberta’s local economy by creating new jobs and attracting investments in the energy sector. The success of this initiative could set a precedent for similar projects aimed at balancing technological growth with energy responsibility.

Challenges and Future Prospects

Although this partnership is promising, it is not without challenges. Managing the energy infrastructure and adapting to local regulations will be key elements in the success of this project. Ensuring optimal regulation of these centers will be essential to guarantee not only their energy efficiency but also their compliance with current environmental standards. The coming months will be crucial in evaluating the impact of this initiative on the data and energy markets in Alberta.

Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.
A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.
Noble Corporation reported a net loss in the third quarter of 2025 while strengthening its order backlog to $7.0bn through several major contracts, amid a transitioning offshore market.
SLB, Halliburton and Baker Hughes invest in artificial intelligence infrastructure to offset declining drilling demand in North America.
The French energy group announced the early repayment of medium-term bank debt, made possible by strengthened net liquidity and the success of recent bond issuances.
Large load commitments in the PJM region now far exceed planned generation capacity, raising concerns about supply-demand balance and the stability of the US power grid.
The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.
Algeria has removed Rachid Hachichi from the leadership of Sonatrach, two years after his appointment, replacing him with Noureddine Daoudi, former head of the National Agency for the Valorisation of Hydrocarbon Resources.
Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.
Air Liquide signs agreement to acquire NovaAir, strengthening its presence in India’s industrial gas market by expanding its national footprint.
Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.
Altano Energy secured €81mn ($85.7mn) to construct two onshore wind farms and three photovoltaic plants in southern Spain, reinforcing its multi-technology generation strategy.
Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.
Colombian company Ecopetrol has secured authorisation to borrow COP700 000 million ($171mn) from Banco Davivienda to bolster its liquidity over a five-year period.
Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
French group Vinci posted revenue growth in the third quarter, supported by all its divisions, and reaffirmed its ambitions for 2025 despite a more restrictive tax environment.
T1 Energy secured $72mn via a direct offering of over 22 million common shares, aiming to strengthen its cash position and fund energy technology and infrastructure projects.
The American university unveils a new institute focused on the future of energy, funded by a $50mn gift from Robert Zorich, managing partner of EnCap Investments, to support applied research and training of new experts.
Sintana Energy has initiated legal proceedings in the Isle of Man to secure approval for its all-share acquisition of Challenger Energy, with support from over one-third of the target company’s shareholders.
EDF has selected Intesa Sanpaolo and Lazard to explore strategic options for Edison, its Italian subsidiary, as part of a broader asset review under its new chief executive officer.

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.