Digital Technology · AB · #8 of 131 disclosed prospectus tickets

BW Velora — Redcliff (Medicine Hat)

Summit deal plate

884 MW behind-the-meter data centre; largest digital ticket

At a glance

Proponent
BW Velora (Norway)
Capex (as printed)
C$15B C$ source
Capex (US$, midpoint)
US$11B
Stage
Advanced / FEED
Location
50.08°N, 110.78°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Cost by component Estimate

Listed: C$14.5B in prospectus · 884 MW listed, "up to 1.2 GW" reported. C$ ranges anchored on the comparables under each bar.

Data halls, mechanical & electrical (884 MW – 1.2 GW)
C$8B – C$11B
C$8–12M/MW × 884–1,200 MW
Behind-the-meter gas generation
C$2B – C$3B
~1–1.3 GW of combined-cycle at C$1.8–2.5M/MW
Substations, grid tie, water & cooling
C$0.5B – C$1B
AESO interconnection for backup; dry cooling in a semi-arid site
Land, development & contingency
C$0.7B – C$1.5B
Greenfield near Redcliff; municipal approvals not yet started
Sum of ranges
C$11.2B – C$16.5B

Key facts Reported

Developer
BW Velora (BW Group, Norway)
Design
Behind-the-meter campus near Medicine Hat — self-supplied power
Status
No permit applications filed with Redcliff; mayor declines comment (Sept 12 2026)
Benchmark
Data-centre build-out C$8–12M per MW of IT load
Sibling
Grande Prairie, 150 MW, C$2.4B

Timeline

Modelled GDP contribution Modelled

Build 2028–2033 at 55% construction value-added, then 10% of capex per year operating. Peak US$1.1B/yr · cumulative 2026–40 US$13B.

US$0MUS$500MUS$1.0B2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway7 km
Major highway147 km
Transmission ≥230 kV256 km
Pipeline111 km
PortVancouver887 km
Generating stationTravers Solar (465 MW)145 km
City >50kMedicine Hat9 km

Nearest other projects

Canada's First Helium LiquefactionMinerals & Metals126 km
East Calgary Carbon Sequestration HubClean Energy224 km
Prairie Economic GatewayMarine & Port245 km
Prairie Connector PipelineConventional Energy290 km
Project Titan (sulphate of potash)Minerals & Metals309 km

Also in Alberta

West Coast Oil PipelineEarly / conceptUS$35B
Calgary–Edmonton High-Speed RailEarly / conceptUS$8.0B
Low-Carbon Synthetic Gasoline Facilities (×2)Advanced / FEEDUS$6.0B – US$7.0B
Genesee Energy CampusAdvanced / FEEDUS$2.0B – US$6.0B
Clearwater (direct lithium extraction)Feasibility / permittingUS$2.5B
Prairie Connector PipelineAdvanced / FEEDUS$2.1B

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