McCord Investments

Power and industrial equipment sourcing

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Map / AB

Verified 2026-08-16

Synapse Olds Data Centre

Synapse Data Center Inc. / Olds, AB

Announced

1.0 GW

announced

0 MW

energized

None of it is drawing power yet.


Power path
Behind the fence
Generation tech
closed-cycle natural gas power system (not grid-connected)
Utility
Not stated
Queue reference
AUC Proceeding 30732, Application 30732-A001 (power plant application)
Target online
Not stated
Announced
2026-01-27
Verification
multiple
Coordinate
51.7911, -114.1067 (town)

Getting power in Alberta

Courting load loudly while the near-term connection queue is already spoken for.

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

Sources

1 GW, 2M sq ft, $10B investment, CEO Jason van Gaal. Both the Town of Olds release and the Alberta Major Projects registry list it as proposed. The power plant is before the AUC as Proceeding 30732: about 1,400 MW combined-cycle gas plus 1,800 MW of emergency and backup diesel, which the AUC says “will not be connected to the Alberta Interconnection Electric System but will be used to power the on-site data centre load”. The AUC rejected an earlier application on 2026-03-06 for “significant deficiencies”, noting that 600 proposed backup diesel units of 2.6 MW each were not discussed in the project information package. On the refiled application the AUC issued information requests on 2026-05-15, received responses on 2026-06-05, and on 2026-06-16 suspended the current process steps while preparing further requests. Around 685 statements of intent to participate have been granted standing. The proceeding is live but not running: the AUC has issued a notice of hearing and states it has not determined the full schedule. Company statements, not confirmed facts: Synapse has said it hopes to start construction in October and will run modular generators alone before completing the full system, and has not disclosed a turbine supplier. Separately reported: its provincial application names Eco Power Equipment, which told reporters it does not manufacture turbines.

Other tracked projects in Alberta


Last verified 2026-08-16. Corrections: sam@mccordinvestments.com

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