Projects

Synapse Olds Data Centre

Synapse / related project proponents Town of Olds Inactive Speculative
Capacity
1,000 MW
Investment
Not publicly confirmed
Score
18 / 100
Checked
Sep 11, 2026

Capacity basis: Former proposed data-centre capacity (MW)

DC Intel assessment

Speculative

Why

Useful negative control: despite a 1 GW campus concept, the associated power plant was denied by the AUC in August 2026 and the proponent confirmed it would not proceed as proposed.

Risk

Inactive after critical power approval failure; no approved replacement power source.

Watch

Only a redesigned power/site strategy and new approvals would revive it.

Power strategy

Former concept relied on ~1.4 GW supporting gas generation; no approved power source.

An AESO request is not an allocation.

Score

Sponsor Quality 10 / 15
Site & Approvals 5 / 20
Power Certainty 0 / 25
Commercial Commitment 3 / 20
Execution Evidence 0 / 20

Total 18 / 100

Scoring method. Not a credit rating or investment advice.

Sources

Primary

auc.ab.ca

Checked Sep 11, 2026

Operations assurance