Ameresco and Atura Power JV Selected to Build 250MW/1,000MWh Battery Energy Storage System - Ameresco (NY
Part of the Largest BESS Awards in Canadian historyOver $40 Million in Awarded Backlog for Project WorkOver 25MW to be Added to Energy Assets in Construction and Development
Ameresco, Inc., AMRC, a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced that its joint venture was selected to build a 250 megawatt (MW), 1,000 megawatt hour (MWh) battery energy storage system (BESS) in partnership with Atura Power, a subsidiary of Ontario Power Generation, by the Independent Electricity System Operator (IESO) in Canada. Ameresco and Atura Power will complete the project through a joint venture (JV) known as the Napanee BESS Inc. Pursuant to the award, the JV will enter into a twenty-year capacity agreement with the IESO. In addition to being a 10.1% minority partner in the Napanee BESS Inc. JV, Ameresco will provide Engineering and Construction (E&C) solutions and expertise for the installation of the BESS under separate contract with the JV.