Power – Carbon Capture Portfolio

Power Project Development is the primary business of KDP. The team has over 150 years of combined experience in power project development and execution in Alberta, Canada. The team is developing a portfolio of projects which include:

Up to ~2.0 GW to Power Data Centres in Alberta utilising 200 MW Combined Cycle ("CC") Gas Power Plants with optional Carbon Capture and Sequestration ("CSS") (i).

KDP is developing a portfolio of ~200 MW CC projects. If CSS is included, ~95% of CO2 generated are captured and sequestered in authorized deep aquifers. The Sites are strategically located near ample interconnection infrastructure, including proposed CO2 geological sequestration hubs, electrical grid connection, natural gas (“NG”) pipelines, and transportation infrastructure.

(i) Excluding Saddle Hills, at 64 MW and no CCS

5 Strategic Sites to Power up to 1.2 GW of AI Data Center Activity

“Everybody is talking about the electricity constraints that are leading to difficulties in the [data centre] sector. Bring your own electricity, bring your own generation. Partner with a generating company.”

Alberta Premier Danielle Smith, on data centre siting in Alberta, July 12, 2024