Pembina's Greenlight project to power Meta data centre in Alberta

Pembina Pipeline Corporation (NYSE: PBA), Morgan Stanley Infrastructure Partners, and Kineticor Asset Management — partners in the Greenlight Electricity Centre Limited Partnership — announced that their Greenlight Electricity Centre project will supply power to a new Meta data centre in Alberta.

The partners said a final investment decision on the Greenlight Electricity Centre has been reached. The project is described as a dedicated, behind-the-meter natural gas-to-power generation facility designed to provide large-scale electricity to Meta's data centre.

Pembina's President and Chief Executive Officer, Scott Burrows, said in a statement that "dedicated, contracted gas-to-power infrastructure represents a promising new growth platform." Burrows added that "gas-to-power for data centres will catalyze new natural gas demand supporting higher production of Western Canadian hydrocarbons, which will provide additional benefits to our customers, the province of Alberta, and Pembina."

Members of Pembina's leadership team joined Meta, Alberta Premier Danielle Smith, representatives of the Government of Alberta and Sturgeon County, and other partners at an event marking the announcement.

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