The Municipal District of Greenview has formed a strategic partnership with O'Leary Ventures to develop what is projected to be the world's largest AI Data Centre Industrial Park within the Greenview Industrial Gateway (GIG). The ambitious "Wonder Valley Project" will accommodate up to 58 data center buildings on the site.
This off-grid development will be powered by natural gas and geothermal energy sources. The partners have signed a letter of intent with the GIG to acquire thousands of acres of land near Grand Prairie in Northwestern Alberta, Canada.
According to projections, the total investment throughout the project's lifetime is expected to exceed $70 billion, encompassing infrastructure, power generation facilities, data centers, and supporting structures.
O'Leary Ventures is Kevin O'Leary's private venture capital investment company.
They focus on early-stage companies across diverse sectors like technology, consumer goods, and real estate, prioritizing strong ideas, scalable business models, and capable entrepreneurial teams. With a wide network and operational support, they actively invest in and nurture their portfolio. Recent activities include significant projects like the Wonder Valley AI data center industrial park, alongside continued investments in varied early-stage ventures.
April 11, 2026 Alberta
Cryptocurrency firm Avax One Technology has signed a front-end engineering and design (FEED) proposal for a 10MW off-grid, natural gas-powered AI and high-performance computing (HPC) data center at the 4-31 Battery site in Alberta, Canada. The FEED study will be led by BlueFlare Energy Solutions...
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