The buildout is often described as a market for everyone. Public evidence is narrower. As of 11 September 2026, five tracker projects are under construction and one is approved. Those six names are the Highly Credible set. That is the present commercial object.
Twenty-four proposed rows and 17,665.8 MW of mixed-basis announcements are not a purchase order.
Who is already on a live row
Public counterparties on the proceeding set:
- Meta / Sturgeon - Meta / GLDC; Frost Collective (Clark Builders + PCL); Capital Power for initial 250 MW; dedicated Greenlight plant; AESO Phase I GLDC contract at 970 MW
- eStruxture CAL-3 - eStruxture as operator; CoreWeave as public anchor tenant; Alberta grid via FortisAlberta
- Bitdeer Fox Creek - Bitdeer Technologies Group; approved on-site gas plant and AESO interconnection
- AHI Red Deer - Alberta Hydrogen Infrastructure / Havenz, ranked on a 10 MW first phase
- K-Tech / Aurora - wellhead-gas proof-of-concept, 5 MW
- Prairie Sky Strathmore - Prairie Sky Data Solutions, staged campus
Keephills belongs on a benefit map for a different reason. TransAlta, CPP Investments and Brookfield sit on a signed 230 MW Phase I load contract at a site with existing generation and transmission. No data centre is being built there yet. Power counterparties can be “in” before a hall contractor is.
Municipalities on those rows - Sturgeon County, Rocky View County, M.D. of Greenview, Red Deer County, the Town of Strathmore, Parkland County - are the local permitting and tax jurisdictions for the names that actually moved.
Who is not a named winner yet
Beacon, Teton, Diode Ventures, Mihta Askiy and the Early-Stage stack may become counterparties. They are still proving AUC decisions, FID, tenants or interconnection. Vendor planning that treats their announced MW as 2026-27 order books is reading a proposed row as a committed one.
Inactive names show the other outcome. Kineticor, Crusoe Crossfield and Synapse Olds had concepts, counterparties or power work. They did not become a campus at the proposed site.
DC Intel does not publish detailed vendor scores, EPC coverage, or a supplier-opportunity ranking on this site. The intelligence page says so. Named developers and power counterparties on public project pages are the limit of what this note will claim.
Labour is a beneficiary and a bottleneck
Meta and the Government of Alberta describe more than CAD $13 billion at Sturgeon, about 3,000 construction workers at peak, and more than 300 operational jobs. Construction peak and live-ops crew are different demand. Both compete for industrial electricians, HVAC/R and controls technicians that are already tight in Alberta. That argument, and the published wage baselines, are in what boards should watch in Alberta’s data-centre talent market.
Equipment vendors who underwrite only capital spend, and ignore ticket coverage, will still hit the same constraint at energization.
How to read “benefit”
For a board or a supplier, the honest sequence is:
- Who is approved or under construction
- Who holds allocated or contracted power
- Which later-phase MW on those same rows is still uncommitted
- What remains proposed, with gates open
This article does not estimate an Alberta data-centre TAM, a vendor share, or how many of the 24 proposed projects will buy gear. Custom vendor and market-entry research can go further than the public tracker. The public tracker will not pretend it already did.