Christine Healy, president and chief executive of Northland, stated: “Today marks a major milestone for Northland and the Oneida project. Oneida represents a pivotal step in our strategy to develop and operate battery storage facilities. A first-of-its-kind in Canada, this facility supports grid stability and reliability in Ontario. Delivering this project ahead of schedule and under budget is a clear demonstration of Northland’s capability to execute large-scale energy projects safely and effectively.”
The Oneida project, Northland’s first operational energy storage initiative in Canada, establishes the company as a leader in the growing battery storage sector. The facility enhances grid reliability in Ontario, supporting the region’s energy needs with sustainable infrastructure. Northland holds approximately 70% ownership, with the remaining stake shared by Six Nations of the Grand River Development Corporation, NRStor, Aecon Concessions, and Mississaugas of the Credit Business Corporation.
Completed at a final cost of about CAN$700 million, the project came in below its initial CAN$800 million estimate from 2023. Oneida is supported by a 20-year capacity contract with Ontario’s Independent Electricity System Operator, ensuring long-term operational stability.
The early and cost-effective completion of Oneida highlights Northland’s expertise in managing complex energy projects. The facility’s significant storage capacity strengthens Ontario’s energy grid, enabling better integration of renewable energy sources and contributing to regional economic and environmental goals. This milestone reinforces Canada’s commitment to advancing clean energy infrastructure through innovative storage solutions.
