Meta Platforms & Pembina Pipeline

Meta Platforms: Meta is investing $9.17B in its first Canadian AI data center, expanding global AI infrastructure and securing power through partnerships.

Pembina Pipeline: Pembina is building the Greenlight power plant to supply Meta's data center, boosting its natural gas infrastructure business.

Meta Platforms: Meta is the central company planning the data centre, facing public opposition that could affect project timelines and community relations. The protest may increase regulatory scrutiny and operational costs.

Pembina Pipeline: Pembina is a partner in the Greenlight Electricity Centre, which will power the data centre. The project could provide stable revenue but also faces environmental opposition.

Meta Platforms: Meta's separate $13-billion data centre plan in Canada — Sturgeon County faces public opposition and regulatory scrutiny, though this decision does not directly affect it. The broader environment may complicate its project.

Pembina Pipeline: Pembina is involved in building a power plant for Meta's data centre. The regulatory climate could affect this project, but no direct impact from this decision.

Meta Platforms: Meta Platforms>>> declined to comment on whether it plans to expand its data centers in Canada — Alberta>>>.

Pembina Pipeline: Pembina Pipeline>>>, in partnership with Kineticor, is developing a natural gas-fired generating facility for a large-scale data center in Canada — Alberta>>>, which would increase demand for natural gas.