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Varcoe: New CEO of power generator TransAlta sees 'tremendous opportunity' in data centres amid energy pact

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The federal-provincial energy accord has drawn national attention to pipelines, but attracting major investment into the burgeoning AI-focused data centre sector could provide another spark for Alberta’s economy in the coming years.

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And the new chief executive of Calgary-based power generator TransAlta Corp. sees opportunities ahead for data centres in the province — and views the energy memorandum of understanding (MOU) as “very positive” — as the province seeks to land its share of a growing pie.

“The MOU between the Alberta government and the federal government certainly, as designed, would encourage investment in new infrastructure for us in Canada, but specifically in Alberta,” said Joel Hunter, who takes over Friday as TransAlta’s CEO.

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