McCord Investments

Power and industrial equipment sourcing

Send a requirement Requirement

Map / ON

Verified 2026-08-01

Steelport AI Data Centre Campus (former Stelco lands)

Slate Asset Management (with Digital Research Alliance of Canada) / Hamilton waterfront, former Stelco steelworks lands

Announced

400 MW

announced

0 MW

energized

None of it is drawing power yet.


Power path
Grid
Generation tech
publicly-oriented AI compute ('AI Factory') for Canadian academic/research data
Utility
Alectra Utilities
Queue reference
IESO connection request (originally 180MW, updated to 400MW)
Target online
Not stated
Announced
2025-01-01
Verification
multiple
Coordinate
43.2765, -79.7995 (region)

Getting power in Ontario

Open door dressed in new gatekeeping: government now picks winners before IESO's technical process even starts.

The full Ontario record, with the route to power, the binding constraint and every dated policy event.

Sources

Slate owns 800 acres of Hamilton waterfront and is proposing an 88-hectare campus. Hamilton’s Committee of Adjustment unanimously denied a land-severance application on 4 June 2026, and council voted 15-1 to advance a citywide moratorium. The severance denial blocks this particular approval path rather than the project outright, so it is held at announced.

Other tracked projects in Ontario


Last verified 2026-08-01. Corrections: sam@mccordinvestments.com

External document

This is hosted by the publisher, not by McCord, and your browser may download it rather than open it in a tab.

Open the document