The Joint (JYNT) Prnewswire·2025-02-27 22:20Core Insights - Pembina Pipeline Corporation has entered into agreements for a 50 percent interest in the Greenlight Electricity Centre Limited Partnership, a special-purpose partnership with Kineticor Holdings LP 3 [1] - The Greenlight Electricity Centre is a proposed multi-phased gas-fired combined cycle power generation facility with a capacity of up to 1,800 MW, featuring carbon capture optionality and the potential for a co-located 1,800 MW data centre complex [2][5] - The project is strategically located in Alberta's Industrial Heartland, near essential infrastructure such as transmission lines and carbon sequestration facilities [2][4] Company Developments - Kineticor is managing the GLEC and has a successful track record, having developed and currently operating the 900 MW Cascade Power Plant [3] - Pembina aims to leverage its existing assets, including the Alliance Pipeline, to support the GLEC with natural gas supply and potential emissions reduction solutions through the Alberta Carbon Grid [4] - The GLEC is designed to meet the increasing electricity demands of Alberta's growing data centre industry, with modular phases of approximately 450 MW each [5][6] Industry Context - The Government of Alberta has set a target of attracting $100 billion in data centre investments by 2030, promoting the need for reliable power solutions [7] - Greenlight is actively engaging with customers for data centre locations and long-term power offtake agreements, emphasizing speed to market and scalability [6] - The GLEC is currently in Stage 3 of the Alberta Electric System Operator interconnection process, targeting grid interconnection by early 2027 [5][6]