Morgan Stanley backs 932-MW gas power project in Alberta

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Morgan Stanley Infrastructure Partners Announces Investment in Greenlight Electricity Centre

July 6, 2026 9:02 AM EDT

NEW YORK--(BUSINESS WIRE)-- Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), its private infrastructure investment platform, today announced an investment in Greenlight Electricity Centre, a 932-megawatt gas-fired combined cycle power generation project in Sturgeon County, Alberta. MSIP is investing alongside large-cap company, Pembina Pipeline Corporation (Pembina), and Kineticor Asset Management (Kineticor) to support the construction of the project. MSIP and Pembina will each hold a 47.5% ownership interest in Greenlight, with Kineticor holding the remaining 5%.

The investment reflects MSIPs continued thematic focus on developing and constructing contracted power assets... More