NRStor Inc., Mississaugas of the Credit Business Corporation (“MCBC”), Six Nations of the Grand River Development Corporation (“SNGRDC”) and Aecon (collectively “The Project Partners”) are developing a Battery Energy Storage System (“BESS”) up to 106 MW, 424 MWh in size in Norfolk County, near Simcoe, through the jointly owned organization, Simcoe Battery Project LP (“Simcoe Battery Project”). The development efforts are in response to the LT1 RFP issued by the Government of Ontario through the IESO.