Projects / Northern Forge
Northern Forge
A 125 MW behind-the-meter natural gas generation facility feeding an on-site compute campus. First power roughly six months from publication; Phase I energizing Q4 2026.
Capacity
125 MW
Phase I online
Q4 2026
Phase I cost
<$32/MWh
Site
~95 acres
OVERVIEW
First power in months, not years.
Northern Forge is a behind-the-meter gas-to-compute campus in Alberta — 125 MW of dedicated generation feeding compute load on the same site, under one sponsor. Phase I (30 MW) energizes Q4 2026, roughly six months from publication.
Primary engine secured (9.8 MW reciprocating, owned outright, OEM-warrantable). 10-year firm gas supply under LOI with a major midstream counterparty; dedicated 6-inch gas pipeline under LOI with a major midstream operator, sized for the full 125 MW build. AESO grid interconnect targeted for 2028 as Year-2 redundancy and secondary revenue.
SPECIFICATIONS
Project specifications.
Generation
125 MW behind-the-meter natural gas generation. Primary engine secured (9.8 MW reciprocating), owned outright, OEM-warrantable.
Configuration
Behind-the-meter — generation physically tethered to on-site compute load.
Location
Alberta, Canada.
Site
Crown lease accepted for the power plant footprint; expansion parcels totaling ~95 acres under application within 1 km of the site.
Gas Supply
10-year firm gas supply under LOI with a major midstream counterparty.
Gas Delivery
Dedicated 6-inch gas pipeline under LOI with a major midstream operator, sized for the full 125 MW build.
Grid Optionality
AESO grid interconnect targeted for 2028 as Year-2 redundancy and secondary revenue.
Permits
Permits largely in hand.
Energization
Phase I (30 MW) Q4 2026 — first power roughly six months from publication.
Cost economics
Below $32/MWh in Phase I.
Below $30/MWh long-term.
Northern Forge's economics sit comparably to Black Bear's on a behind-the-meter delivery basis, with the same AECO-hub gas advantage and the same Alberta climate / PUE advantage. Phase I starts below $32/MWh; the long-term steady-state runs below $30/MWh.
Behind-the-meter delivery bypasses AESO non-energy charges, transmission losses, and most regulated tariffs. The same operating-cost discipline that underwrites Black Bear underwrites Northern Forge — fuel, variable O&M, maintenance reserve, TIER carbon, and fixed SG&A, in operating-cost basis only.
Phase I energizing Q4 2026 makes Northern Forge the fastest power-and-compute build in the Teton portfolio — first power in months, not years.
Phase I and long-term figures reflect all-in cash cost of power on a behind-the-meter delivery basis. Excludes capital recovery and equity return; operating-cost basis only. Source: project financial model. Forward-looking; subject to fuel price, regulatory, and operating assumptions.
REGULATORY CONTEXT
Behind-the-meter is the explicit path forward in Alberta.
Under AESO's emerging Phase 2A Large Load Integration framework, Bring-Your-Own-Generation (BYOG) is the explicit path forward for large compute loads. Physically tethering owned generation to compute load lets the operator decouple where power is generated from where compute is sited. The Alberta provincial government is openly supportive of bring-your-own-power data center development.
Northern Forge is designed inside that framework from the ground up — generation, gas supply, fiber, water, and Tier-compatible data hall pads on one site, under one sponsor.