Power & Utilities · AB · #64 of 131 disclosed prospectus tickets

Marguerite Lake Energy (CAES)

Summit deal plate

320 MW dispatchable; 15.4 GWh compressed-air storage; COD 2029

At a glance

Proponent
Jordan Costley (proponent)
Capex (as printed)
US$790M
Capex (US$, midpoint)
US$790M
Stage
Advanced / FEED
Location
54.40°N, 110.90°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
No MPO referral on record
Project location.

Modelled GDP contribution Modelled

Build 2028–2030 at 55% construction value-added, then 7% of capex per year operating. Peak US$145M/yr · cumulative 2026–40 US$960M.

US$0MUS$50MUS$100MUS$150M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway17 km
Major highway181 km
Transmission ≥230 kV123 km
Pipeline194 km
PortSquamish987 km
Generating stationGenesee (1,400 MW)253 km
City >50kEdmonton195 km

Nearest other projects

Vegreville Project (straw → SAF)Clean Energy125 km
Canadian Showcase (diluent-free heavy oil upgrading)Conventional Energy138 km
Alberta Industrial Heartland 1.0 (waste-to-energy + CCS)Clean Energy152 km
Blue & Turquoise Hydrogen / Methanol Modular PlantConventional Energy159 km
Alberta Critical Minerals Recovery & REE RefiningMinerals & Metals159 km

Also in Alberta

West Coast Oil PipelineEarly / conceptUS$35B
BW Velora — Redcliff (Medicine Hat)Advanced / FEEDUS$11B
Calgary–Edmonton High-Speed RailEarly / conceptUS$8.0B
Low-Carbon Synthetic Gasoline Facilities (×2)Advanced / FEEDUS$6.0B – US$7.0B
Genesee Energy CampusAdvanced / FEEDUS$2.0B – US$6.0B
Clearwater (direct lithium extraction)Feasibility / permittingUS$2.5B

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