Artificial intelligence data center developer Crusoe has entered into a multi-year framework agreement with natural gas-fired power provider Kalina Distributed Power (KDP) to develop multiple colocated AI data centers powered by natural gas power plants in Alberta, Canada.
Each potential colocated project will be developed under a separate Project Development Agreement (PDA) between the two parties. Each PDA will feature a projected long-term tolling PPA and outline Crusoe's responsibility for financing specific electrical and gas supply interconnection security payments for each project.
Kalina managing director Ross MacLachlan commented on the agreement, stating: “Our team has worked closely with Crusoe to develop a commercial path forward to keep pace with AI data center market demand while capitalizing on the unique characteristics of the Alberta market to deliver reliable, affordable natural gas-fired power configured with CO2 capture and sequestration.”
