Statement issued by Rick Christiaanse, Invest Alberta CEO
Invest Alberta joins Armada Energy in celebrating the signing of an MOU to signify Armada Energy’s intention to invest $200 million USD and create 100 jobs in Alberta by the end of 2025.
Armada Energy’s investment decision holds great potential for long-term benefits to Alberta’s increasingly diverse economy, as well as fostering community benefits through the utilization of existing oil and gas assets and converting waste resources into energy.
Invest Alberta will continue to work with Armada Energy to support their mission to leverage renewable energy solutions and help drive high-capacity computing in the province.
For more details about this investment, please see Armada Energy’s news release here.
About Invest Alberta
Invest Alberta engages the world and provides high-end tailored support to companies, investors, and major new projects. With team members strategically positioned in key markets worldwide, Invest Alberta works to break down barriers so businesses can scale up and succeed without limits. With this announcement, Invest Alberta clients have committed $24.9 billion in investment, creating more than 33,481 new jobs for Albertans. For more information, visit investalberta.ca.
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