QScale's future data processing center in Saint-Bruno-de-Montarville, on Montreal's south shore, will ultimately not see the light of day because it has not been able to obtain the necessary electricity, QScale CEO Martin Bouchard announced.
“Unfortunately, the new QScale campus cannot come to fruition in the current context, after the recent unfavorable decision of Hydro-Québec and the Ministry of Economy, Innovation and Energy (MEIE), regarding our food demand,” explained Martin Bouchard on his website. Social network LinkedIn on Monday.
“Recognizing the energy challenges facing Quebec, we cannot, however, hide our disappointment,” he added.
In its letter, QScale says it regrets not being able to implement its partnership with Énergir and the city of Saint-Bruno-de-Montarville to recover heat from its core “to heat several thousand new residential units in a green and affordable way.”
In November 2022, Newspaper It was reported that QScale wanted to open a second campus in San Bruno, after the Lévis campus, even if the latter had not yet concluded contracts with the first customer.
Dr'Further details will follow.
– In collaboration with Sylvain Larocque
The project is funded three-quarters by public funds in Lévis
Government of Quebec
- $60 million ready
- 30 million shares
- $5 million bonds (loan)
Desjardins Regional and Cooperative Capital (supported by tax credits)
- 40 million shares
- $20 million ready
Private investors (nine Quebec residents)
Total: $200 million
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