Quebec-based IPP Boralex and Six Nations of the Grand River Development Corporation (SNGRDC) have announced the closing of a CA$202 million (US$145.12 million) financing for a 125MW/500MWh battery energy storage system (BESS) in Oxford County, Ontario, CA.
The project represents a US$128.6 million investment and is scheduled to begin construction this year, with commercial operations commencing in December 2026.
The Reno Planning Commission, in Nevada, US, recommended approval for a conditional-use permit for the 200MW Trego Grid energy storage project on 4 March.
In this news roundup, Aypa power upsizes its credit facility, Georgia Power begins construction on a 260MW BESS, and IOWN Energy on behalf of Eolus sells a 506MWh BESS to DESRI
EnerVenue, the US company commercialising technology adapted from nickel-hydrogen batteries, has closed a US$300 million extension of its Series B preferred stock financing round.