TransAlta Partners with CPP and Brookfield for 1 GW Data Centre in Alberta

Key Facts

1TransAlta signed an MOU with CPP Investments and Brookfield to advance a data centre development in Alberta.

2TransAlta will serve as the exclusive site and power provider at the Keephills site.

3The project has the potential to scale up to a capacity of 1 GW.

TransAlta Corporation has signed a Memorandum of Understanding (MOU) with CPP Investments and Brookfield to develop a large-scale data centre in Alberta. Under the agreement, TransAlta will serve as the exclusive provider of both the site and power for the project located at its Keephills facility. The ambitious development is designed to scale up to a total capacity of 1 GW, addressing the surging global demand for data infrastructure. This strategic partnership leverages TransAlta's existing power generation capabilities to support high-capacity energy requirements. Analysts view this move into data centre infrastructure as a significant growth catalyst for the utility company, offering a stable and long-term revenue stream. The collaboration with high-profile global investors further strengthens the project's viability and TransAlta's market positioning.