REG - Tech. New Energy - Strategic Agreement to Develop 1GW Data Centre

Technologies New EnergyAnnouncement

15/12/2025 07:00

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RNS Number : 4531L  Technologies New Energy PLC  15 December 2025

15 December 2025

Technologies New Energy plc
("TNE" or the "Company")

Strategic Agreement Signed with Data District Inc. to Develop 1GW of
AI-Optimised Data Centre Capacity in Alberta, Canada

 

Technologies New Energy plc (LSE: TNE), the energy transition company focused
on developing clean energy projects to drive industrial decarbonisation, is
pleased to announce that it has entered into an agreement (the "Agreement")
with Data District to support the development of next-generation AI-ready data
centres in Alberta, Canada.

Data District, a division of Swiss asset management firm Alcral AG, is working
with local partners to deliver major development projects across Alberta's
industrial clusters. The region is a major processing hub for energy, fuels,
fertilisers, and petrochemicals, benefiting from low-cost feedstocks,
extensive infrastructure, and significant investment.

The projects are designed to support advanced computing services, featuring
AI-ready capabilities and a pipeline exceeding 1GW, with initial operations
targeted from 2026. Phase 1 is expected to comprise four data centre projects
totalling approximately 240 MW, with a development budget of €780m.

TNE recognises that demand for high-density data centre capacity is
accelerating rapidly, driven by AI, hyperscale cloud providers and Tier-1
users of AI computing infrastructure. AI workloads require secure power,
efficient cooling and resilient connectivity, and Alberta offers the energy
resources, industrial base and investment momentum to support this growth.

Under the Agreement, TNE will support Data District across three key areas:
Strategy, Supply Chain and Delivery on projects in Edmonton and Calgary. TNE
will support activities focused on power generation, energy flexibility and
sustainability:

·      Supply chain: TNE will ensure reliable, lower-carbon energy
supplies to meet escalating demand by building integrated power solutions,
consisting of modular gas power plants and batteries, alongside complementary
software and energy storage systems.

·      Delivery: Expanding the skilled workforce and broadening the TNE
partner ecosystem within Data District by developing the talent required to
build, operate, and maintain the facilities and their supporting systems,
through Data District's dedicated training and onboarding program.

·      Strategy: Advisory on developing scalable, energy-efficient data
centre facilities using modular design, strategic site selection, and secure
access to power and connectivity, ensuring long-term value grounded in
sustainability, operational excellence, and compliance with regulatory and
customer requirements.

 

 

 

Commenting on today's announcement, Julio Perez, Chief Executive Officer of
Technologies New Energy plc, said:

"Our agreement with Data District represents a major step forward in TNE's
strategy to accelerate the build-out of energy and infrastructure critical to
the global AI and data centre economy. Power availability is emerging as the
key constraint for AI growth, particularly for AI workloads running on NVIDIA
hardware, and our scalable generation capability can support the rapid rollout
of high-density data centre infrastructure.

We are delighted to be working alongside Data District and Alcral AG on their
flagship programme in Alberta. This collaboration brings together world-class
industrial capability, a region rich in energy infrastructure, and demand from
Tier-1 major users of AI computing for facilities designed to support NVIDIA
class AI workloads. It represents an exciting opportunity for TNE to deploy
our tailored technical solutions, deepen our commercial footprint, and create
value as projects advance into execution."

 

Commenting on today's announcement, Carlos Caldas, Chief Executive Officer of
Data District, said:

 

"The agreement with TNE represents a major step forward in our ambition to
position Data District as a reference platform at the intersection of clean
power and high-performance digital infrastructure. With TNE and Alcral AG, we
are building a long-term, scalable ecosystem designed to attract world-class
computing workloads and to anchor sustainable investment, employment and
innovation in the region."

 

 

- Ends -

Enquiries:

 Technologies New Energy plc                    info@tneplc.com
 Julio Perez, CEO
+351 915 126 782
 Burson Buchanan                                +44 (0)20 7466 5000

 Chris Lane, Simon Compton, Abigail Gilchrist   TNE@buchanancomms.co.uk

 

Notes to Editors:

About TNE

Technologies New Energy plc operates within the renewable energy sector, with
a core focus on energy transition, digital transformation, biofuels, green
chemicals and the broader bioeconomy.

TNE is positioned as a global provider of advanced solutions and energy
projects that accelerate the energy transition and support decarbonisation
objectives. The business operates through three key units:

·      Consulting - Advising third-party clients on the design and
regulatory pathways for renewable energy projects.

·      Contracting - Delivering construction, installation, and
maintenance services for third-party renewable energy infrastructure.

·      Portfolio Management - Developing and managing TNE's proprietary
portfolio of projects, including its in-house hybrid biorefinery technology,
from concept through to ready-to-build (RTB) stage.

TNE website: https://www.tneplc.com/ (https://www.tneplc.com/)

About Data District

Data District, an Alcral AG company, is a modular digital-infrastructure
project integrating data-centres/AI compute with energy assets, to foster
regional innovation and growth through collaboration with local communities,
technology companies, universities and entrepreneurs in Alberta.

Data District website: https://data-district.com/ (https://data-district.com/)

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