ENERGY PARKS
Integrated campuses for large-load power demand
NUE energy parks combine generation, storage, and grid infrastructure into integrated campuses built for compute-intensive and industrial demand.
A NUE energy park is designed as an integrated infrastructure campus rather than an isolated collection of assets. These parks are intended to bring together power generation, storage, and grid support systems in a coordinated format that can support the flexible needs of modern large-load demand.
The energy park model reflects NUE's broader development approach: strategic site control, integrated systems, and infrastructure built with long-term power use in mind. By combining multiple infrastructure layers in one unit, energy parks are designed to improve flexibility, support different demand profiles, and create a more practical path from site to deployment-ready infrastructure.
Generation
Solar, gas, and grid-connected power sources
Storage
Battery energy storage systems for load balancing
Grid Support
Transmission infrastructure and interconnection
Large-Load Integration
Purpose-built for compute and industrial demand
Current energy parks in select markets
NUE is advancing a portfolio of energy park opportunities across select global markets, each supported by a clear strategic rationale.
NUE's current parks reflect the Company's broader platform approach: strategic site positioning, integrated infrastructure design, and disciplined development across selected markets. Each park is shaped by local considerations, including grid access, demand profile, infrastructure needs, regulatory context, and project economics.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Darkhan, Mongolia
Mongolia — 100 MW Hybrid
Ultra-low off-peak power (~$0.03/kWh), dual 220 kVA transmission lines, and a natural-gas pipeline—making it one of the strongest hybrid power locations in Asia. The 200-acre site supports grid, solar, gas, and BESS.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Saskatchewan, Canada
Edenwold — 200 MW Hybrid
Hybrid Gas + Solar + Grid with Permit in place. 100-acre + site housing development. Supports community energy, cogeneration & strategic partners.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Lethbridge One
8.75 MW Solar (NUE Net: 2.19 MW)
Location: Near Lethbridge, Alberta. NUE holds a 25% interest in Lethbridge One Solar Corp., which wholly owns this facility. Commercial operations date (COD) of December 2024 and the project has been generating power since Q1 2025. Gross installed capacity: 8.75 MW. NUE net capacity: 2.19 MW.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Lethbridge Two
15 MW Solar (NUE Net: 7.5 MW)
Location: Near Lethbridge, Alberta. NUE holds a 50% interest in Low Carbon Nu-Energy Corp., which wholly owns this project. Target gross capacity: 15 MW (NUE net: 7.5 MW). AUC construction approval received for solar generation. Interconnection submission preparation and rezoning application underway for BESS inclusion. Currently in AESO Cluster Approval Process Three.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Lethbridge Three
155 MW Solar (NUE Net: 77.5 MW)
Location: Near Lethbridge, Alberta (land contiguous with Lethbridge Two). NUE holds a 50% interest in Low Carbon Nu-Energy Corp., which wholly owns this project. Target gross capacity: 155 MW (NUE net: 77.5 MW). AUC construction approval received for solar generation. Interconnection submission preparation and rezoning application underway for BESS inclusion. Currently in AESO Cluster Approval Process Three.
Note: Artist's concept for illustrative purposes only, not an actual site or final design. Subject to change without notice. See forward-looking information disclaimer.
Hanna Solar & BESS Project
336 MW Solar (NUE Net: 168 MW)
Location: Near Hanna, Alberta. NUE holds a 50% interest in Low Carbon Nu-Energy Corp., which wholly owns this project. Target gross capacity: 336 MW (NUE net: 168 MW). AUC application anticipated. Currently in AESO Cluster Approval Process Three.
A broader development pipeline across selected markets
NUE's pipeline extends across strategic regions and development stages, reflecting a diversified platform approach rather than a single-project path.
Energy parks are only one visible part of NUE's broader development pipeline. Across selected markets, the Company is advancing opportunities at different stages and in different infrastructure contexts, guided by a consistent development model.
The pipeline is intended to be both stage-based and strategically selective. It is not simply a list of markets or projects. It reflects where NUE believes strategic land access, infrastructure readiness, and demand conditions may support disciplined long-term development.
Strategic Land Access
Curated site opportunities with clear development potential and favorable positioning
Infrastructure Readiness
Assessment of grid proximity, interconnection pathways, and supporting infrastructure
Demand Conditions
Market analysis of power demand profiles, offtake potential, and growth trajectory
Stage-Gated Development
Disciplined milestone-based progression from site to deployment-ready infrastructure
Selective Market Exposure
Focused presence in markets with strategic alignment and favorable development context