News
July 7, 2026

Morgan Stanley Infrastructure Partners Backs Alberta Power Project Supporting Data Center Growth

Construction Owners Editorial Team

Highlights

  • Morgan Stanley Infrastructure Partners invested in the 932-megawatt Greenlight Electricity Centre project in Alberta.
  • The gas-fired combined cycle facility is planned for Sturgeon County, Alberta.
  • Pembina Pipeline Corporation and Kineticor Asset Management are participating in the development.
  • The project is expected to supply electricity to a co-located data center campus under a long-term agreement.
  • Commercial operations are targeted for the second half of 2030.

Rising electricity demand tied to hyperscale data center development continues driving investment in large-scale power infrastructure across North America. Developers and infrastructure investors are increasingly pursuing generation projects designed to support long-term power requirements for energy-intensive digital facilities.

Morgan Stanley Infrastructure Partners recently announced an investment in the Greenlight Electricity Centre, a planned 932-megawatt combined cycle power generation project in Sturgeon County, Alberta.

Power Generation Project Structure

The Greenlight project is being developed through a partnership involving Morgan Stanley Infrastructure Partners, Pembina Pipeline Corporation and Kineticor Asset Management.

Under the ownership structure, Morgan Stanley Infrastructure Partners and Pembina Pipeline Corporation will each hold a 47.5% interest in the project, while Kineticor Asset Management will retain a 5% stake.

The facility is planned as a gas-fired combined cycle power plant utilizing high-efficiency turbine technology. Developers expect the project to begin supplying electricity during the second half of 2030.

Data Center-Driven Energy Demand

Project stakeholders indicated the facility will provide long-term electricity supply for a major co-located data center campus currently under development.

Large-scale data center projects continue generating demand for dedicated utility infrastructure, power generation assets and transmission capacity throughout North America. Hyperscale operators increasingly seek long-term power agreements tied to high-reliability energy sources capable of supporting continuous operations.

Infrastructure investors and utilities are responding by advancing new generation projects designed to address projected electricity demand growth linked to artificial intelligence and digital infrastructure expansion.

Construction and Operations Planning

Pembina Pipeline Corporation will serve as construction and operations manager for the project. Kineticor Asset Management, which originated the development, will continue supporting construction activities.

Large combined cycle facilities typically require extensive site preparation, utility integration, mechanical systems installation and long-duration construction schedules involving multiple specialty contractors and engineering teams.

The Greenlight project adds to a growing pipeline of power infrastructure developments associated with expanding data center markets across Canada and the United States.

Why It Matters

For contractors, developers and infrastructure owners, growing electricity demand from hyperscale data centers is creating opportunities across power generation, utility infrastructure and industrial construction markets.

Projects supporting large digital campuses often involve complex procurement programs, long-term energy agreements and coordinated delivery of generation, transmission and site infrastructure. The Greenlight project also reflects increasing investment interest in reliable power assets positioned to support continued expansion of AI and cloud computing infrastructure.

Source: Business Wire.

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