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Northland Power secures $120M for 80 MW battery storage project in Alberta, set for late 2026 launch.
Northland Power has secured funding for its Jurassic Battery Energy Storage System, a 80 MW project in southern Alberta, set to begin construction and start operations late next year.
The $120 million project aims to boost grid stability and is expected to generate about $15 million annually once operational.
Funding comes from project-level financing, existing cash, and available liquidity.
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Northland Power asegura $120M para el proyecto de almacenamiento de baterías de 80 MW en Alberta, listo para su lanzamiento a finales de 2026.