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Alberta attracts data center growth with major power deals and $100B investment goal by 2030.
Capital Power CEO Avik Dey says Alberta is becoming a top destination for data centre development, citing supportive infrastructure and regulatory progress.
The province aims to attract $100 billion in investment by 2030, with Capital Power positioning its Genesee Generating Station near Edmonton as a prime site.
The company is negotiating a 250-megawatt power deal with an Alberta data centre developer, set to begin in 2028, and has signed a $3-billion MOU with Apollo Funds for U.S. natural gas assets.
Despite a $13-million fourth-quarter loss, Capital Power reported higher revenues and increased adjusted funds from operations, with Dey expressing strong optimism about Alberta’s energy future.
Alberta atrae el crecimiento de los centros de datos con importantes acuerdos de energía y un objetivo de inversión de $ 100B para 2030.