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McCourt Global Announces Strategic Partnership with O'Leary Ventures for Wonder Valley Development

Jan 21, 2025over 1 year ago

Contract Type

partnership

New YorkNon Profit

Description

McCourt Global has announced a strategic partnership with O'Leary Ventures to accelerate the development of Wonder Valley, a groundbreaking AI data center industrial park located in Greenview Industrial Gateway (GIG) in MD Greenview, Alberta, Canada. Wonder Valley represents a transformative step forward in the global data infrastructure landscape, with plans to deliver 7.5 GW of low-cost power over a phased development.

Company Information

Company

McCourt Global

Location

New York, United States

About

McCourt Global (MG) is a private family company focused on building for tomorrow through its work across real estate, sports & media, technology, capital investment and social impact. Led by founder and Executive Chairman Frank McCourt, a civic entrepreneur and fifth-generation builder, and an international leadership team, MG extends the McCourt family's 130-year legacy of developing infrastructure and merging community and social impact with financial results — an approach that began when the original McCourt company was launched in Boston in 1893. In 2021, MG publicly launched Project Liberty, a far-reaching effort to build an internet where individuals have more control over their data, a voice in how digital platforms operate, and more access to the economic benefits of innovation. Project Liberty's activities include the release and stewardship of the Decentralized Social Networking Protocol (DSNP), which is available as a public utility to serve as the bedrock of a more equitable and inclusive web, and its launch of the Safe Tech, Safe Kids campaign focused on youth mental health and social media. Project Liberty's Institute (formerly The McCourt Institute) works to ensure that digital governance is prioritized in the development of the next generation of the internet. The institute's founding academic partners include Georgetown University, Stanford University, and Sciences Po; and it is collaborating with MIT's Center for Constructive Communication and Cortico, as well as Harvard's Berkman Klein Center for Internet & Society to support the creation of healthier social networks. In 2023, Frank McCourt unveiled Project Liberty's "Better Web, Better World" manifesto at Web Summit in Lisbon. This vision for a new web is supported by the work of Amplica Labs, which is led by the tech team behind DSNP and focused on developing the next generation of digital infrastructure. Through a $500-million commitment that supports both nonprofit and commercial activities, Project Liberty aims to unleash a new era of innovation that empowers people over platforms and serves the common good. SOURCE McCourt Global

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