Northland Power, a Toronto-based independent power producer (IPP), has closed approximately PLN 500 million (US$128.66 million) in financing for two large-scale Battery Energy Storage System (BESS) projects in Poland, with a combined capacity of 300 MW/1,200 MWh (1.2 GWh). The financing was announced on September 30, 2026, and will support the development of the projects, which have secured capacity market contracts in Poland.
The funding has been provided by undisclosed financial institutions from Canada and Poland. The financing package is complemented by government grants worth approximately PLN 1 billion from Poland’s National Fund for Environmental Protection and Water Management. The combined financial support will facilitate the development and implementation of the two battery storage installations.
The two projects will deliver a combined power output capacity of 300 MW and energy storage capacity of 1,200 MWh. These installations form part of Northland Power’s expansion into Poland’s energy storage market, where battery systems are being developed to support electricity system flexibility and reliability.
The projects have secured Capacity Market (CM) contracts, providing a framework for their participation in Poland’s electricity capacity market. Capacity market arrangements compensate qualifying assets for making electricity capacity available when required, supporting the reliability of the power system.
The financing closure marks a key development in advancing the two projects towards construction and implementation. However, the company has not disclosed the names of the participating financial institutions or further project-level details in the announcement.
The financing announcement follows another development in Northland Power’s energy storage portfolio. The company recently commenced commercial operations at Jurassic BESS, an 80 MW/160 MWh battery energy storage facility in Alberta, Canada.
Jurassic BESS is currently the largest operational battery energy storage asset in the Canadian province of Alberta. The project adds to Northland Power’s growing presence in the utility-scale energy storage segment.
The company is also part of the consortium responsible for delivering the Oneida Energy Storage Project in Ontario, Canada. The facility has a capacity of 250 MW/1,000 MWh and represents another large-scale battery storage development in the company’s portfolio.
With the financial close of the two Polish projects, Northland Power is advancing its battery storage development pipeline across international markets. The 1.2 GWh of planned storage capacity in Poland, together with its projects in Canada, forms part of the company’s broader energy infrastructure portfolio.
The latest financing combines institutional funding and government grant support, providing financial backing for the development of large-scale battery storage infrastructure in Poland.
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