Deals Counterparts

Beacon AI Centers plans 400 MW data center campus in Chestermere, Alberta, with $2.78 billion investment

Development Data Center announced Chestermere, Canada Mar 10, 2026
USD2.8B
Deal Value
400 MW
Capacity
development
Stage

$2.78 billion will fund Beacon AI Centers' 400 MW data center campus on 310 acres in Chestermere, Alberta. The Chestermere City.

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Deal Analysis

Beacon AI Centers is committing $2.78 billion USD to develop a 400 MW AI data center campus on 310 acres in Chestermere, Alberta, a substantial forward bet on Canadian infrastructure for advanced AI workloads. This announced development, slated for 2026-03-10, indicates a long-term strategic play to secure critical capacity for high-performance computing. The commercial logic centers on establishing a large-scale, dedicated facility outside traditional hubs, providing the specialized environment and power density required for next-generation AI applications. Chestermere, Alberta, benefits from a significant industrial investment, potentially enhancing local economic activity and tax revenues from this major infrastructure project. As a New York-based developer and operator, Beacon AI Centers' $2.78 billion USD investment in Chestermere directly aligns with its stated focus on large-scale, high-performance AI data centers and its initial multi-billion dollar project pipeline. This project supports its mission to provide critical infrastructure for advanced AI workloads, expanding its geographic footprint. The Chestermere City Council, as the governing body for Chestermere, Alberta, facilitates such a large-scale development, leveraging its responsibility for municipal planning and infrastructure. This partnership likely involves securing necessary permits and potentially local infrastructure upgrades to support the 400 MW campus.
  • $2.78 billion USD investment by Beacon AI Centers.
  • 400 MW data center capacity planned in Chestermere, Alberta.
  • 310 acres secured for the development.
  • Announced development status on 2026-03-10.
  • Beacon AI Centers is a New York-based developer focusing on high-performance AI data centers.
  • Chestermere City Council acts as a partner in the development.

Source Intelligence

KEY DETAILS

Beacon Data Centers has larger plans for 1.8 GW of capacity across five locations in Alberta. Beacon claims to have acquired more than 1,600 acres of land and to have some 2GW of power in the pipeline. Beacon has a pending application for a 1.5 GW natural gas-fired power plant near Calgary, known as the Indus Project Thermal Power Plant. The company has announced further plans for another 400 MW site south of Calgary.

Deal Size
This $2.78 billion project will be built on 310 acres of land to the south of the city.
Capacity
Just to the east of Calgary, Beacon AI Centers plans to build a 400 MW campus
Location
Just to the east of Calgary, Beacon AI Centers plans to build a 400 MW campus with the backing of the Chestermere City Council. This $2.78 billion project will be built on 310 acres of land to the south of the city.
COD
Beacon Data Centers has even bigger plans – 1.8 GW of capacity across five locations in Alberta, with the first buildings set to be completed in 2027.
PARTIES MENTIONED IN SOURCE
B
Beacon AI Centers developer

"Beacon AI Centers plans to build a 400 MW campus"

C
Chestermere City Council backer

"with the backing of the Chestermere City Council"

high quality Enriched Mar 10, 2026

Timeline

Announced
Mar 10, 2026
Signed
Closed

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