Keephills Data Centre Development
- Capacity
- 230 MW
- Investment
- Not publicly confirmed
- Score
- 72 / 100
- Checked
- Sep 11, 2026
Capacity basis: Initial signed AESO load contract (MW)
DC Intel assessment
Probable
Why
Strongest non-construction-stage power signal: AESO lists a signed 230 MW Phase I load contract. Site has existing generation/transmission/gas/water and top-tier infrastructure/investment counterparties.
Risk
TransAlta says no specific data centre is yet being built; MOU/PPA framework remains subject to definitive agreements and approvals.
Watch
Definitive tenant/offtake agreements, FID and development permits / construction start.
Power strategy
Initial 230 MW grid-load contract; potential scale toward 1 GW using Keephills site infrastructure.
An AESO request is not an allocation.
Score
Sponsor Quality 15 / 15
Site & Approvals 18 / 20
Power Certainty 25 / 25
Commercial Commitment 10 / 20
Execution Evidence 4 / 20
Total 72 / 100
Scoring method. Not a credit rating or investment advice.