Northland Power has commenced commercial operations at the 250 MW/1,000 MWh Oneida Energy Storage Project, located in Haldimand County, Ontario. This project is the company’s first operational energy storage asset in Canada. The project was completed at a final cost of approximately $700 million, below the initial estimate of $800 million set at financial close in 2023.
Northland holds a 70 per cent ownership stake in the project, with the remaining interest shared by Six Nations of the Grand River Development Corporation, NRStor Inc., Aecon Concessions, and Mississaugas of the Credit Business Corporation. The project has a 20-year capacity contract with Ontario’s Independent Electricity System Operator (IESO), Oneida is expected to generate stable, long-term revenue.
In April 2025, Northland Power achieved financial close on the Jurassic Battery Energy Storage System (BESS) project in southern Alberta and secured all necessary financing as it prepares to begin construction. Jurassic BESS is a 160 MWh BESS and is scheduled to reach commercial operation in late 2026.
