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Synapse explains why Olds picked for data centre

Synapse Real Estate Corp. said it considered other sites for its $10 billion data centre, but Olds came out on top. Last month, the company provided answers to a series of Alberta Utilities Commission questions on the project. It was asked if it considered other locations further away from population centres. About 700 residences are within 800 metres of the proposed data centre and power generation plant site. Synapse said it had considered oth…

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Red Deer Advocate broke the news on Thursday, August 6, 2026.
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