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Power Solutions on Industrial Properties for Data Center Development

We partner with heavy industrial facilities to host data centers and develop, finance, and operate on-site power generation

Kanin Approach

Kanin Energy is a trusted energy developer and partner to many large industrial companies. We aim to be an integrator between heavy industrials and data center developers, finding opportunities to host data centers and develop and operate on-site power generation to enable faster speed to deployment.

Kanin will do:

1. Site Identification

Identify, vet, and prepare industrial sites for data center development

2. Developer Matching

Match sites with data center developers whose criteria align with site specifications (geography, acres, grid access, water)

3. Power Asset Development & Operations

Designing, developing, and operating on-site power assets and microgrids to meet data center reliability needs:

4. Equipment Procurement

Procuring power generation equipment from OEMs

5. Grid Management

Working with utilities to manage grid connection and explore pathways to increase grid power to site

6. Capital Deployment

Sourcing and deploying capital for projects

7. Regulatory Compliance

Managing permitting and regulation of power assets

8. Incentive Realization

Realizing tax credits and other incentives

Amidst a booming AI industry, demand for data centers is growing rapidly. This will inevitably require an increasing supply of firm power. In 2024, The Department of Energy found that in 2023, data centers consumed 167 TWh of electricity, but by 2028, could consume as much as 580 TWh, 200% growth in demand in just 5 years.
In the face of this massive opportunity, data center developers are very eager to find reliable, low-cost, low-emissions power and land that can be developed quickly. However, at the scales that data center customers are interested, resources become increasingly challenging to find. Data center developers are looking for alternative pathways to deploy compute quickly and reliably.
Data Centers
The United States is speckled with operating, idle, mothballed, and decommissioned industrial sites spanning the cement, iron & steel, chemicals, oil & gas, and many other industries. These sites, whatever their operating status, are full of valuable resources and assets that often are underutilized.
Many of these sites offer a brownfield alternative to data center development. Often within 100 miles of a major metropolitan area, often already zoned for industrial use, with many existing permits, these sites may have:

Land Resources

Hundreds of acres of developable land

Grid Capacity

Existing and underutilized grid capacity

Power Generation

Existing and underutilized on-site power generation assets

Storage Infrastructure

For water, fuels, and more

Natural Gas Access

Pipeline access and capacity

Water Resources & Fiber

Water resources and fiber connectivity

In addition to the valuable assets and resources available, there is a social and environmental benefit to this approach. Rather than clearing land to build greenfield, a developer would be reusing existing industrial land and assets to minimize its environmental footprint. And in places where plants have closed, this is an opportunity to bring jobs and economic stimulus to revitalize industrial communities.

Kanin Energy is active in development on power generation for a newbuild data center in West Texas. We have teamed up with a leading data center developer and NVIDIA cloud partner to build a 500+ MW AI data center in Odessa, TX. The data center will be powered by a mix of on-site and grid power. We are partnering with a local chemical company to leverage their underutilized land for the project.

The first phase of the project is expected to be completed in 2027 with over 100 MW of compute, expanding to 500+ MW over the next 3-4 years

Kanin’s CEO Amongst 2023 CPA Achievement Award Winners

CPA Alberta is pleased to announce the 2023 Achievement Award recipients. These outstanding CPAs embody the core principles of the CPA profession: integrity, expertise, and commitment. Their contributions and accomplishments bring honour to the profession and strengthen the reputation of all CPAs. Congratulations to all 2023 Achievement Award recipients!

Read more, here.