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Versorium Energy Ltd. is constructing the Netook 1 DER Project, a natural gas-fired electric generation facility located on private land, approximately 3 kilometres northeast of Olds, Alberta in Mountain View County.

The Project will have a nameplate capacity of 5 MW and is comprised of two 2.5 MW natural gas-fired high efficiency-low emission industrial engines and electrical switchgear, housed within modular buildings. 

The Project will connect to FortisAlberta's existing 25 kilovolt (kV) distribution line. 


The necessary regulatory approvals are in place for the Project with phase 1 construction commencing on September 11, 2023.


Phase 1 construction was completed on October 11, 2023. 


The Project is expected to reach commercial operations in September 2024.

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