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Kalina Power Partners with Crusoe for Sustainable AI Data Centers in Alberta

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Kalina Power Partners with Crusoe for Sustainable AI Data Centers in Alberta

Kalina Power Limited ( (AU:KPO) ) just unveiled an update.

Kalina Power Limited has entered a multi-year Framework Agreement with Crusoe to jointly develop AI data center projects in Alberta, Canada. These projects will utilize Kalina’s near-zero-emissions natural gas power plants, ensuring long-term cash flow through power purchase agreements. The agreement includes provisions for future projects and virtual power purchase agreements, indicating significant market opportunities and strategic positioning for both companies in the AI data center and sustainable energy sectors.

More about Kalina Power Limited

Kalina Power Limited is a company involved in the development and operation of natural gas-fired power plants with a focus on near-zero emissions through carbon capture and sequestration technology. The company operates in the energy sector, aiming to provide sustainable and affordable power solutions.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €14.83M

See more data about KPO stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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