- Northland Power (TSX:NPI) opened Alberta’s largest battery energy storage facility, which is capable of delivering 80 MW/160 MWh of capacity for grid-balancing purposes.
- The Canadian-based, global electricity provider specializes in offshore wind, onshore renewables, battery storage and natural gas-based generation.
- Northland Power stock last traded at C$22, giving back 4.72% year-over-year and 44.53% since 2021.
Northland Power (TSX:NPI) opened Alberta’s largest battery energy storage facility, which is capable of delivering 80 MW/160 MWh of capacity for grid-balancing purposes.
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The facility, officially named Jurassic, was completed under budget and ahead of schedule following nearly 75,000 hours worked, and is backed by a 15-year offtake agreement for 100% of its capacity, adding a reliable source of cash flow to Northland’s already free cash-flowing operations.
According to Tuesday’s news release, Jurassic is Northland’s second storage project, joining the Oneida facility in Ontario, whose 250 MW/1,000 MWh capacity made it the largest battery storage facility in Canada at the time of construction.
Numerous projects in development highlighted in the company’s Q2 2026 results position it for further growth.
Leadership commentary
“Achieving commercial operations at Jurassic demonstrates Northland’s ability to consistently deliver energy infrastructure safely, efficiently and as planned,” Christine Healy, President and Chief Executive Officer of Northland Power, said in a statement. “Jurassic highlights our exceptional project execution and multi-technology capabilities and operations across electricity generation and storage.”
About Northland Power
Northland Power is a Canadian-based, global electricity provider through offshore wind, onshore renewables, battery storage and natural gas. The company is active in seven countries across a portfolio including 3.6 GW of gross operating capacity, 2.4 GW under construction and 8 GW in its development pipeline.
Northland Power stock (TSX:NPI) last traded at C$22, giving back 4.72% year-over-year and 44.53% since 2021.
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