Sunday, February 8, 2026

Latest

Alberta Data Center Plan For Meta Advances With Pembina

  • Pembina is close to a Meta deal for a massive AI data centre near Edmonton, anchored by new gas supply and power now moving through Alberta’s approvals.

Pembina Pipeline (TSX: PPL) is closing on a deal to build a large AI data centre for Meta in Alberta’s Industrial Heartland, with regulatory steps and gas-power buildouts pointing to potential service in 2029.

The firm plans to pair the campus with power supplied alongside Calgary-based Kineticor, aligning with the Greenlight Electricity Centre project now before the Alberta Utilities Commission.

Kineticor’s site describes GLEC as a proposed 1,864 MW combined-cycle facility able to co-locate a data centre of the same capacity, with carbon-capture optionality, developed in phases.

The joint venture positions GLEC for phased increments and commercial operation in the 2029 window, while Pembina’s Alliance Pipeline has launched a feasibility study for up to 350 MMcf/d of incremental short-haul capacity into the Industrial Heartland, targeting an in-service date in late 2029.

In late September, legal summaries confirmed a 2% computer-hardware levy for grid-connected data centres over 75 MW, fully creditable against Alberta corporate income tax when profitable. Earlier industry coverage captured pushback to the “server tax” concept and concerns about power rationing signals.

The Edmonton-area siting taps the province’s Industrial Heartland, a cluster of refineries and petrochemical assets that also hosts carbon-capture activity. That sits alongside the Alliance gas expansion concept and GLEC’s stated CCS optionality.

For context on Meta’s current scale, Louisiana officials and market reports detail a $10 billion AI-optimized data-centre build in Richland Parish, with reporting indicating supporting power infrastructure in the multi-gigawatt range.

Pembina Pipeline last traded at $58.77 on the TSX.


Information for this story was found via The Logic and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Video Articles

Gold Prices Are High, Experience Matters | Rob McLeod

Silver Is a Wild Animal, Gold Heads for $6,000 in 2026 | Craig Hemke

Is This the End of the Gold and Silver Rally? | Peter Grandich

Recommended

TomaGold Confirms Presence Of Berrigan Deep Zone Following Geophysics

Antimony Resources Reports Massive Stibnite Mineralization Over 25 Metres At Marcus (West) Zone

Related News

If Liberals Win, Nearly 1 in 3 Albertans Are Ready To Leave Canada

A growing conversation about Alberta’s future has sparked new calls for potential separation if the...

Wednesday, April 9, 2025, 10:41:00 AM

Virtual Reality Check: Leaked Memos Say Employees Don’t ‘Love’ Meta’s Metaverse App Enough To Use It

Horizon Worlds, the VR social network carrying the banner (or burden) of being Meta Platforms’...

Tuesday, October 11, 2022, 08:21:14 AM

Alberta, Ontario Pressure Carney To Repeal C-69 and Carbon Tax Laws

Alberta and Ontario have formally asked Ottawa to scrap five cornerstone climate policy statutes, arguing...

Thursday, July 3, 2025, 02:53:00 PM

Meta Will No Longer Pay for News Content

Meta Platforms (Nasdaq: META) has announced that it will no longer renew existing deals to...

Friday, March 1, 2024, 07:42:21 AM

Inter Pipeline Drops Arrangement Agreement With Pembina, Opens Negotiations With Brookfield

Inter Pipeline Ltd. (TSX: IPL) announced this morning that it is dropping the arrangement agreement...

Monday, July 26, 2021, 08:21:49 AM