Technologies New Energy & Data District Data Centres (Phase 1)

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Phase one of this investment is expected to include four data centre projects in Olds, Bonnyville, Calgary and Edmonton regions with a combined development budget of $1.26 billion (€780 million), and combined capacity of 240 MW.

This investment reflects growing global demand for secure, reliable digital infrastructure and highlights Alberta’s strengths as a destination for investment in energy-enabled technology projects.

Location on the map is a placeholder and is not precise.

Construction on the first facility in Olds will begin in 2026, and the second facility in Bonnyville in 2027.

Municipality:	Olds, Bonnyville, Calgary, Edmonton
Sector:	Industrial
Type:	Other Industrial
Schedule:	Commencing 2026
Estimated Cost:	$1.3B
Stage:	Proposed Projects are proposed from the time they are announced to the start of construction. For substage fields, see our methodologies page.
Developer:	Technologies New Energy (TNE) and Data District Inc.
Related Links:	Dec 17, 2025 - Edmonton Journal Dec 15, 2025 - Invest Alberta Jan 2, 2026 - Financial Post