The 932 MW combined-cycle gas plant in Sturgeon County, Alberta, has reached final investment decision, secured major equipment and construction contracts, and is scheduled to supply dedicated power to Meta in the second half of 2030.

Published by Allstream Insiders.

Allstream Insiders Summary

Pembina Pipeline Corporation, Morgan Stanley Infrastructure Partners and Kineticor Asset Management have reached a positive final investment decision (FID) on the Greenlight Electricity Centre, a 932 megawatt (MW) natural gas-fired combined-cycle power plant planned for Sturgeon County in Alberta’s Industrial Heartland.

The partners estimate the project’s total cost at approximately C$4.6 billion, including C$4.0 billion of Class III capital cost and C$0.6 billion of interest during construction and other financing costs. Pembina said approximately 85 percent of the project cost is covered by fixed-price agreements.

Greenlight will provide dedicated, behind-the-meter electricity to a co-located data center under a long-term Electrical Energy Supply Agreement. Pembina initially described the customer as a major global company and confirmed on July 8, 2026, that the facility will power Meta’s Alberta data center.

Construction is expected to begin in the third quarter of 2026. The project has received all major regulatory approvals and is scheduled to enter service in the second half of 2030.

TRA, a consortium led by Aecon Group with Técnicas Reunidas Alberta, has received the engineering, procurement and construction contract. Siemens Energy will supply the primary gas turbines, steam turbines and generators under a separate fixed-price equipment agreement.

Greenlight Electricity Centre Project Overview

The FID changes Greenlight from a proposed development into a sanctioned construction project. The current authorization covers the first 932 MW phase. The site’s potential expansion to 1,864 MW should not be described as committed construction because the partners have not announced a separate FID for that additional capacity.

Greenlight Will Use Siemens Combined-Cycle Equipment

Greenlight will use a two-train combined-cycle configuration designed around Siemens Energy equipment. Each gas turbine will generate electricity and send hot exhaust to a steam cycle, allowing the plant to produce additional power from heat that would otherwise be lost in a simple-cycle configuration.

Pembina identified the major equipment as:

• Two Siemens Energy SGT6-8000H gas turbines.
• Two Siemens Energy SST6-5000 “KN” steam turbines.
• Two Siemens Energy SGen6-3000W generators.
• Associated heat-recovery, balance-of-plant and electrical systems required for combined-cycle operation.

Greenlight has a fixed-price equipment agreement with Siemens Energy Inc. and a long-term service agreement with Siemens Energy Canada Limited. Pembina said these arrangements support equipment-delivery timing and cost certainty.

The public disclosures do not provide individual equipment values, manufacturing locations or a detailed turbine-delivery schedule. Those details should remain open until Greenlight, Siemens Energy or a project contractor issues additional procurement or construction information.

Aecon and Técnicas Reunidas Hold the Main Construction Contract

Greenlight has awarded the engineering, procurement and construction work to TRA, a consortium of Aecon Group Inc. and Técnicas Reunidas Alberta, Inc. Aecon holds the majority interest in the consortium.

Aecon said its portion of the contract is valued at C$1.7 billion. That figure represents Aecon’s share and should not be presented as the entire EPC contract value or total Greenlight project cost.

The announced construction scope includes:

• Civil work for the current and potential future power islands.
• Piping and mechanical installation.
• Structural work.
• Electrical and instrumentation work.
• Balance-of-plant systems.
• A natural gas metering station.
• A switchyard and substation.
• Engineering, procurement, construction execution and commissioning support.

Aecon expects field construction to begin in the third quarter of 2026, with completion during 2030. Pembina will lead Greenlight’s construction-management workstream. After construction, an unnamed third-party contract operator is expected to operate the facility under a long-term services agreement.

The identity of that future operator has not been disclosed. The announced EPC and turbine packages also do not establish awards for every subcontractor, material supplier or specialty-service provider that will participate in the four-year buildout.

Meta Will Receive Dedicated Behind-the-Meter Power

Greenlight and Meta are connected through a long-term Electrical Energy Supply Agreement under which the project will make 932 MW of capacity available to Meta’s co-located data center.

The behind-the-meter arrangement means Greenlight is being developed as a dedicated generation source for the customer rather than as a conventional plant built primarily to sell its full output into Alberta’s wholesale power market. Pembina and Sturgeon County have described the configuration as adding new generation without placing the data center’s full load on the provincial grid.

The agreement uses a tolling structure with capacity payments and usage-based charges for items including fuel and O&M costs. Pembina did not disclose the contract term, pricing, expected annual electricity production, data-center load ramp or minimum operating requirements.

Meta was not named in Pembina’s July 2 FID announcement. Pembina publicly confirmed the customer on July 8 when it joined Meta, the Province of Alberta and Sturgeon County in announcing the data-center investment. The customer identification is therefore supported by a later first-party disclosure rather than inferred from the original release.

The Plant Will Require About 150 MMcf/d of Natural Gas

Pembina expects Greenlight to consume approximately 150 million cubic feet per day (MMcf/d) of natural gas at the sanctioned 932 MW scale. The project has secured long-term transportation capacity through the Alliance Pipeline Heartland Expansion process, the NOVA Gas Transmission Ltd. system and other commercial arrangements.

The gas requirement creates a direct connection between a large data-center power project and Western Canadian midstream infrastructure. It establishes a new source of long-duration gas demand while also requiring reliable metering, transportation and plant-fuel systems.

Pembina’s proposed Alliance Heartland Expansion Project would add a new gas-delivery point in Fort Saskatchewan and is expected to support the Greenlight supply strategy. However, that pipeline expansion has not yet reached FID. Pembina said it was continuing engineering and regulatory work, with an application to the Canada Energy Regulator expected in August 2026 and a targeted fourth-quarter 2029 in-service date.

The distinction is important: Greenlight has been sanctioned and has its major approvals, while the Alliance Heartland Expansion remains a proposed supporting project subject to its own approval and investment process.

Ownership Is Split Among Pembina, MSIP and Kineticor

Greenlight Electricity Centre Limited Partnership is owned by:

• Pembina Pipeline Corporation — 47.5%.
• Morgan Stanley Infrastructure Partners — 47.5%.
• Kineticor Asset Management — 5%.

Kineticor originated and led development of the project and will remain responsible for advancing future expansion opportunities. Pembina will lead construction management, while Pembina and MSIP will provide equal shares of the partnership’s future capital requirements under the ownership arrangement described at FID.

The ownership structure changed as the project reached sanction. MSIP acquired the former 50 percent Greenlight interest held through OPTrust’s relationship with Kineticor, and Kineticor received a five percent project interest at FID. The resulting ownership leaves Pembina and MSIP as equal 47.5 percent partners.

The Permitted Expansion Is Not Yet a Second Project

The Greenlight site has the potential to reach 1,864 MW, twice the sanctioned first-phase capacity. Aecon’s scope includes civil work that considers both current and future power islands, and the partnership says it is evaluating a second phase and other power projects for additional data-center customers.

No second-phase FID, construction budget, equipment order, customer agreement or in-service date has been announced. The 1,864 MW figure is permitted site potential, not the capacity currently under construction.

Pembina has also identified future carbon-management potential through the Alberta Carbon Grid, including possible transportation and sequestration of emissions from Greenlight. No carbon-capture project has been sanctioned as part of the current FID, and the partners have not disclosed a capture capacity, budget or schedule.

What Greenlight Means for Contractors and Suppliers

Greenlight is a defined multiyear construction program with named major contractors, identified generation equipment, a fixed project location and a 2030 service target. That combination provides a stronger commercial signal than an early development announcement.

The most relevant work areas include combined-cycle plant construction, civil and structural packages, piping and mechanical installation, electrical and instrumentation systems, gas metering, switchyard and substation work, commissioning, and long-term turbine and plant maintenance.

Aecon, Técnicas Reunidas and Siemens Energy hold the major disclosed packages. Opportunities below those prime contracts may involve local and Indigenous businesses, specialty subcontractors, fabricators, equipment suppliers, testing firms and industrial-service providers. No additional award should be assumed until it is confirmed by Greenlight or a named contractor.

The project also creates separate infrastructure milestones to monitor: the Alliance Heartland Expansion application and FID, natural gas delivery facilities, site construction progress, turbine deliveries, electrical interconnection work, commissioning and the selection of the third-party plant operator.

Allstream Perspective

Greenlight is one of the clearest examples of a midstream company moving directly into dedicated power infrastructure for hyperscale computing. Pembina and its partners are pairing a 932 MW dispatchable power plant with a named data-center customer, a long-term electricity contract, secured gas transportation and a largely fixed-price delivery strategy.

The project has passed the principal threshold that matters to the industrial supply chain: it has reached FID, received major regulatory approvals and awarded its principal EPC and turbine packages. The next phase is execution, beginning with expected construction mobilization in the third quarter of 2026 and continuing through commissioning in 2030.

The expansion case remains separate. The site may eventually support 1,864 MW, additional data-center customers and future carbon-management infrastructure, but those opportunities require their own commercial agreements and investment decisions. For now, the sanctioned project is the 932 MW Greenlight plant serving Meta, with anticipated service in the second half of 2030.