02:09:55 EST Sat 07 Feb 2026
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Fortis Inc
Symbol FTS
Shares Issued 505,446,975
Close 2025-10-16 C$ 72.32
Market Cap C$ 36,553,925,232
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Globe says Capital Power told Alberta keen for AI infra

2025-10-17 07:53 ET - In the News

See In the News (C-CPX) Capital Power Corp

The Globe and Mail reports in its Friday edition that Alberta is focusing on artificial-intelligence data centres under a new mandate for Minister Nathan Neudorf, aiming to fast-track projects that produce their own electricity to protect the public grid. The Globe's Emma Graney reports that Premier Danielle Smith issued a directive to complete Alberta's AI data centre attraction strategy, focusing on creating an attractive investment environment with affordable electricity and fair returns for Albertans. The province's goal is to have $100-billion worth of AI data centres under construction within the next five years. BCE and Telus are planning to build AI data centres. A swath of requests for electricity from proposed data centres is in front of the Alberta Electric System Operator, which manages the province's grid. They are asking the AESO to be connected to 11,634 megawatts of electricity -- about enough to power another Alberta. Mr. Neudorf said he aims to work with all levels of government when it comes to integrating data centres onto Alberta's grid. He has also been instructed by Ms. Smith to continue to aggressively fight Ottawa's Clean Electricity Regulations until they are "abandoned and repealed."

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