Stream: Malachite One

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Stream: Malachite One

Site planned for 2028 and has expansions through 2031

Utility Provider: AltaLink

Lot Size: 316 acres

Site History

June 2026: Emerald Energy Technologies presents the Malachite One project to Yellowhead County council.
October 2026: Open houses are held in Robb and Hinton.
October 2026: The province grants the Crown land lease for the site.

Project Profile

Data centre developer: Stream Data Centers
Power and land: Emerald Energy Technologies, a Tourmaline Oil subsidiary
Land: about 316 acres of Crown land for the initial phases, north of Robb off Highway 47
Design: three phases, from about 2 million to about 7 million sq ft of floor area
Power: on-site natural gas generation with a smaller grid connection
Status: Planned; county development permit and power plant application in preparation

Map and Nearby Locations

NW-2-50-21-W5M ( Near the Banshee Gas Plant )

Stream Data Centers Sites

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Stream: Malachite One Power Growth Over Time

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Operating Company

Stream Data Centers is a U.S. data center developer and operator headquartered in Dallas, Texas, founded in 1999. The company develops and operates campuses in Phoenix, the Dallas area and metro Chicago, and it also lists activity in San Antonio and Houston.

Its services include wholesale colocation, private data centers, build to suit facilities, Ready-to-Fit powered shells, location strategy and energy procurement.

Historically an affiliate of Stream Realty Partners, in August 2025 Apollo-managed funds agreed to acquire a majority stake in the company, with closing expected in 2025 subject to approvals.

Stream Data Centers History:

In August 2025, Apollo-managed funds agreed to acquire a majority stake in Stream Data Centers from Stream Realty Partners; the parties also committed new capital to Stream’s land fund targeting 650 MW of near-term capacity across campuses in metro Chicago, Atlanta, and Dallas, with closing expected in 2025 subject to conditions.
In June 2024, Stream broke ground on its third San Antonio campus on 135 acres, planned for up to five buildings and approximately 200 MW of IT capacity at full build out.
In February 2019 and October 2020, Stream entered the Phoenix market by acquiring a 157-acre site in Goodyear anchored by a 418,000 square foot facility, then commissioned the Phoenix I building on that campus; plans call for more than 2 million square feet and an on-site APS substation designed for up to 350 MW.
1999: Founded in Dallas, Texas.

Facilities

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Apollo to Acquire Stream Data Centers

August 07, 2025 Stream Data Centers

US data center firm Stream will be acquired by Apollo Global Management following announcement that Apollo-managed funds have agreed to acquire a majority interest in Stream Data Centers (SDC) from Stream Realty Partners, a commercial real estate firm.Apollo said it is set to potentially deploy...

Stream DC files for 200MW campus expansion in Phoenix

July 10, 2023 Stream Data Centers

Stream Data Centers has submitted plans to build a 2 million-square-foot data center campus in the Goodyear neighborhood of Phoenix, Arizona. Last week, the Goodyear Planning and Zoning Commission approved Stream's request to rezone 104 acres on Litchfield Road and Lower Buckeye Road from I-1...

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