Pembina Pipeline Announces JV to Power Alberta's Data Center Complex
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Pembina Pipeline Corporation (PBA) has announced a joint venture with Kineticor to provide up to 1,800 MW of power to support Alberta's growing data center industry. This move is expected to enhance PBA's position in the energy sector and capitalize on the increasing demand for data center infrastructure.
March 03, 2025 | 12:45 pm
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Pembina Pipeline Corporation has formed a joint venture with Kineticor to supply up to 1,800 MW of power, supporting Alberta's data center industry. This partnership could strengthen PBA's market position and drive growth.
The joint venture with Kineticor positions Pembina Pipeline to benefit from the growing demand for data center infrastructure in Alberta. This strategic move is likely to enhance PBA's market presence and drive revenue growth, positively impacting its stock price in the short term.
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