Meta Data Centre in Alberta to Start up Ahead of Adjacent Greenlight Power Plant
The 1-gigawatt project will use the nearby Greenlight natural gas plant and add a 250-megawatt power contract with Capital Power.
- On Wednesday, Meta Platforms Inc. confirmed plans for a 1-gigawatt AI data centre in Sturgeon County, Alberta, representing the tech giant's first Canadian facility with a $13 billion investment.
- Under Alberta's 'Bring Your Own Power' policy, Meta contracted the $4.6 billion Greenlight natural gas-fired plant, developed by Pembina Pipeline Corp. and partners, to supply electricity for the facility.
- Spanning 1,750 acres, the project will consume electricity equivalent to three-quarters of Edmonton's demand and create 300 ongoing roles, while Meta claims its "closed loop" cooling system draws less water than an Alberta golf course.
- Provincial officials project Greenlight will reduce electricity transmission costs for ratepayers by up to 6 per cent when operational, while Capital Power Corp. secured a long-term, 250-megawatt energy supply agreement with Meta.
- Analysts suggest this investment confirms global hyperscalers will commit capital to Alberta, supporting future demand for natural gas infrastructure and equipment suppliers like Finning amid broader AI data centre expansion.
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Meta data centre in Alberta to start operating before neighbouring power plant
It will be four years before a new natural gas-fired power plant north of Edmonton is operating and able to serve the massive data centre Meta Platforms Inc. is planning nearby. The tech giant expects the $13-billion-plus data centre will be online in the next two to three years, though no exact timeline has been set.
The Sneaky Stocks to Profit From Meta's $13 Billion Data Centre in Alberta
Meta just announced a US$13 billion AI data centre in Sturgeon County, Alberta, but the real investing story here isn’t Meta itself. In this short video, Motley Fool Canada’s Nick Sciple and Iain Butler break down why Canadian energy and infrastructure companies could be the bigger winners from this buildout. Prefer to read? There’s a transcript below. Nick Sciple: I’m Motley Fool Canada Senior Analyst Nick Sciple, and this is The Five Minute M…
Winnipeg Free Press
Meta data centre in Alberta to start up ahead of adjacent Greenlight power plant
CALGARY - It will be four years before a new natural gas-fired power plant north of Edmonton is operating and able to serve the massive data centre Meta Platforms Inc. is planning nearby.
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