Projects

Armada Nowlit Wabasca / Hoole Data Centre

Armada / Nowlit M.D. of Opportunity No. 17 Proposed Speculative
Capacity
50 MW
Investment
Not publicly confirmed
Score
25 / 100
Checked
Sep 11, 2026

Capacity basis: Announced data-centre capacity (MW)

DC Intel assessment

Speculative

Why

Named 50 MW crypto/data-centre concept tied to local gas assets and municipal engagement.

Risk

Related 9.5 MW plant applications closed without approval and do not support the announced 50 MW; no construction/operation confirmation.

Watch

Approved generation/power source and formal development permit.

Power strategy

Natural-gas power from Hoole assets proposed; no approved 50 MW supply demonstrated.

An AESO request is not an allocation.

Score

Sponsor Quality 6 / 15
Site & Approvals 6 / 20
Power Certainty 4 / 25
Commercial Commitment 3 / 20
Execution Evidence 6 / 20

Total 25 / 100

Scoring method. Not a credit rating or investment advice.

Sources

Checked Sep 11, 2026

Operations assurance