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Panther Creek and Sharon permitting continue to proceed on schedule and are unaffected by Executive Order 2026-05
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NEW YORK, Aug. 20, 2026 (GLOBE NEWSWIRE) — Keel Infrastructure Corp. (Nasdaq: KEEL; TSX: KEEL) (“Keel” or the “Company”), a North American digital infrastructure and energy company, today endorsed Executive Order 2026-05, signed August 18 by Pennsylvania Governor Josh Shapiro, and the Governor’s Responsible Infrastructure Development (“GRID”) Standards.
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“As one of the leading infrastructure developers in Pennsylvania, we proudly support Governor Shapiro’s new GRID standards, which largely reflect Keel’s long held standards for responsible development and community engagement,” said CEO Ben Gagnon. “We engage with communities long before we file permits, and we measure ourselves on tangible outcomes delivered locally. Pennsylvania is setting the highest bar in the country for this industry, and we intend to clear it at Panther Creek, at Sharon, and at every project we build in the Commonwealth. We are glad to keep working alongside the Governor’s Office, the Department of Environmental Protection, our utility partners and local officials to help ensure this growth benefits Pennsylvania for years to come.”
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Keel is one of the most advanced digital infrastructure developers operating in Pennsylvania today, with energized capacity, established grid interconnections and an active development pipeline at its Panther Creek and Sharon sites. For the past several years, Keel has built this portfolio by redeveloping legacy energy and industrial sites, bringing incremental transmission and interconnection capacity with its projects rather than leaning solely on the existing grid, and engaging townships, county officials and neighbors early.
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Keel strongly supports each of GRID’s four key principles, having already implemented these standards across the Company’s development projects to-date:
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- Protecting energy affordability. Keel’s Pennsylvania development model is built around bringing its own power. Keel pays the interconnection, transmission, distribution and network upgrade costs attributable to its own load rather than shifting them to Pennsylvania households and businesses, and it supports the Commonwealth’s position that growth should pay for growth.
- Transparency and community engagement. Keel has engaged local governments, held public meetings, and disclosed project footprints, load, and water assumptions well ahead of major design decisions. Keel is committed to investing in the communities in which it operates and has worked alongside residents to understand their concerns firsthand and to find creative, lasting solutions that renew these sites and revitalize the communities around them. As an example, Keel invests heavily in local schools to modernize facilities, expand student programming and support underserved students and families.
- Workforce and economic development. Keel is committed to hiring locally, and its data center projects are expected to create hundreds of high-paying, skilled construction and operations jobs for Pennsylvania workers over the coming years. To ensure communities are equipped to meet this labor demand, Keel is working in close partnership with local educational institutions to develop and fund scholarship programs focused on data center construction and operations skills.
- Environmental protection. Environmental stewardship is core to who Keel is – measured in the lifelong, positive impact the Company’s projects will have on the local communities. Keel’s data centers are designed to utilize closed-loop cooling to limit annual water consumption to the equivalent of a few dozen households. Keel is also prioritizing zero-emission energy storage for resiliency where technically feasible and is supporting local water quality improvement and reforestation initiatives.
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