NRStor and partners advance battery storage project in Norfolk County
Simcoe Battery Project expected to strengthen reliability through innovative use of existing infrastructure
Simcoe Battery Project rendering. The final project may vary to align with the contract obligations.
NORFOLK COUNTY, ON – August 11th 2026 – NRStor Incorporated (NRStor), together with the Mississaugas of the Credit Business Corporation, Six Nations Group, Aecon Concessions, and Sitka Power Inc., today announced the award by the Independent Electricity Systems Operator (IESO) of the Simcoe Battery Project, a 150-megawatt, 1,200-megawatt-hour battery energy storage system (BESS) to be developed in Norfolk County, Ontario. The project represents a significant milestone for Ontario’s electricity system and Indigenous economic participation, with 50 per cent ownership held by Mississaugas of the Credit Business Corporation and Six Nations Group, thus playing a leading role in delivering long-term economic benefits for their communities.
The Simcoe Battery Project was one of three projects selected through a competitive IESO procurement process, resulting in an executed 20-year capacity contract.
Developed in collaboration with Hydro One, the facility will support the local electricity system in the Norfolk-Bloomsburg area by delivering stored electricity during periods of high demand. Leveraging existing infrastructure, it will improve reliability, help meet growing electricity demand and support Ontario’s long-term energy objectives.
“The Simcoe Battery Project demonstrates what is possible when innovative technology, Indigenous leadership, and strong partnerships come together to address Ontario’s evolving energy needs. This project establishes a new benchmark for grid efficiency and system reliability while delivering tangible value to electricity customers across the province.” Joseph Arcuri, CEO, NRStor
“The Simcoe Battery Project demonstrates what can be achieved when industry and First Nations work together toward a shared vision of prosperity and sustainability. As the wholly owned business development corporation of the Mississaugas of the Credit First Nation, MCBC is proud to be an owner in a project that will strengthen grid reliability, build Ontario’s energy future, and create long-term value for our Nation. We believe major infrastructure developments should create meaningful benefits for First Nation communities while helping meet the province’s growing energy needs.” Warren Sault, President and CEO, Mississaugas of the Credit Business Corporation
“For generations, our people have understood that true prosperity comes from planning for those who will come after us. Projects like this are about more than infrastructure; they are about creating opportunities, strengthening our Nation’s economy, and ensuring our children and grandchildren benefit from the decisions we make today. When First Nations are true partners at the decision-making table, we build a stronger future for everyone.” Chief Margaret Sault, Mississaugas of the Credit First Nation
“Six Nations Group is pleased to remain at the forefront of innovation in battery energy storage and emerging energy technologies. We are also proud to once again partner with organizations that have consistently demonstrated their commitment to meaningful Indigenous economic participation and recognize the long-term value these partnerships create.” Matt Jamieson, President & CEO, Six Nations Group
“This project demonstrates the value of meaningful First Nations participation in infrastructure development across our region. Six Nations of the Grand River will continue to advocate for opportunities that advance economic reconciliation, uphold our values of environmental stewardship, and create lasting benefits for future generations.” Chief Sherri-Lyn Hill, Six Nations of the Grand River
“The Simcoe Battery Project will help to provide the resilient energy foundation and critical storage capacity required to meet Ontario’s growing electricity demand – supporting economic growth and grid reliability. Aecon is proud to bring its experience as a diversified development, construction and investment partner to this vital project – aligning with our strategic focus on opportunities across North America linked to power infrastructure, energy storage, grid expansion and resilience. Harnessing our One Aecon approach, this project demonstrates our expertise converting diverse development and construction capabilities into long-term concession opportunities.” Eitan Ladizinsky, Senior Vice President, Aecon Concessions
“The Simcoe Battery Project is closely aligned with Sitka’s strategy of partnering with leading developers and Indigenous partners to own and operate high-quality Canadian energy infrastructure. We are proud to invest alongside MCBC, SNG, NRStor and Aecon in advancing Indigenous-led energy infrastructure that is central to Ontario’s grid reliability and long-term electricity needs. As a long-term owner, Sitka will contribute to the financing of the project and support its operations and asset management, applying the same disciplined ownership approach we bring to every asset in our portfolio.” Trevor White, President & Chief Executive Office, Sitka Power Inc.
“The Simcoe Battery Project will help keep power reliable for homes and businesses in the Norfolk-Bloomsburg area, especially during periods of high demand. By storing electricity when it’s available so it can be used when it’s needed most, the project will strengthen the local system and support Ontario’s increasing electricity needs. This is the kind of infrastructure investment that delivers real benefits for customers today while helping prepare the system for the future.” Spencer Gill, Vice President and Executive Lead, Transmission System Planning, Hydro One
About NRStor Incorporated
NRStor is a leading Canadian energy storage delivery paltfrom and asset manager dedicated to accelerating the deployment of energy storage and other clean energy infrastructure. Through innovative projects and strong partnerships, NRStor delivers solutions that enhance grid reliability, support the integration of renewable energy, and create long-term value for customers, communities, and partners.
About Mississaugas of the Credit Business Corporation
Mississaugas of the Credit Business Corporation (MCBC) is the wholly owned business development corporation of the Mississaugas of the Credit First Nation (MCFN). MCBC develops and invests in opportunities across the energy and infrastructure, major real estate development, and construction and environmental services sectors. Through strategic partnerships and equity ownership in transformative projects, MCBC creates long-term economic benefits for MCFN and its members while advancing responsible development and economic reconciliation. MCBC’s growing portfolio includes partnerships in renewable energy, infrastructure, environmental services, and major development projects throughout Mississaugas of the Credit First Nation Treaty Territory.
About Six Nations Group
Six Nations Group (SNG) is the operating name of Six Nations of the Grand River Development Corporation, the economic development entity of the Six Nations of the Grand River. Founded in 2015, the organization is focused on creating long-term economic prosperity for the Six Nations community through strategic investments, partnerships, and business development.
Six Nations Group manages a diverse portfolio of businesses and investments across sectors including renewable energy, infrastructure, real estate, and partnerships. Through strategic growth and collaboration, the organization generates own-source revenue that supports community priorities and long-term community impact. For more information, visit www.sixnationsgroup.ca.
About Aecon Group Inc.
Aecon Group Inc. (TSX: ARE) is a North American construction and infrastructure development company with global experience. Aecon delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment, management, and operations and maintenance services through Aecon Concessions. Join our online community on X, LinkedIn, Facebook, and Instagram @AeconGroupInc.
About Sitka Power Inc.
Sitka Power Inc. is a Calgary-based renewable energy developer and independent power producer with active operations and development in British Columbia, Alberta, Saskatchewan and Ontario. Sitka acquires, develops, finances, constructs and operates solar, wind, run-of-river hydro and battery energy storage assets, backed by a private infrastructure fund managed by an affiliate of Long Life Capital Inc.
Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion.
Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3.0 billion of goods and services.
We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov.
For more information about everything Hydro One, please visit www.hydroone.com where you can find additional information including links to securities filings, historical financial reports, and information about the Company’s governance practices, corporate social responsibility, customer solutions, and further information about its business.
The Simcoe Battery Project was one of three projects selected through a competitive IESO procurement process, resulting in an executed 20-year capacity contract.
Developed in collaboration with Hydro One, the facility will support the local electricity system in the Norfolk-Bloomsburg area by delivering stored electricity during periods of high demand. Leveraging existing infrastructure, it will improve reliability, help meet growing electricity demand and support Ontario’s long-term energy objectives.
“The Simcoe Battery Project demonstrates what is possible when innovative technology, Indigenous leadership, and strong partnerships come together to address Ontario’s evolving energy needs. This project establishes a new benchmark for grid efficiency and system reliability while delivering tangible value to electricity customers across the province.” Joseph Arcuri, CEO, NRStor
“The Simcoe Battery Project demonstrates what can be achieved when industry and First Nations work together toward a shared vision of prosperity and sustainability. As the wholly owned business development corporation of the Mississaugas of the Credit First Nation, MCBC is proud to be an owner in a project that will strengthen grid reliability, build Ontario’s energy future, and create long-term value for our Nation. We believe major infrastructure developments should create meaningful benefits for First Nation communities while helping meet the province’s growing energy needs.” Warren Sault, President and CEO, Mississaugas of the Credit Business Corporation
“For generations, our people have understood that true prosperity comes from planning for those who will come after us. Projects like this are about more than infrastructure; they are about creating opportunities, strengthening our Nation’s economy, and ensuring our children and grandchildren benefit from the decisions we make today. When First Nations are true partners at the decision-making table, we build a stronger future for everyone.” Chief Margaret Sault, Mississaugas of the Credit First Nation
“Six Nations Group is pleased to remain at the forefront of innovation in battery energy storage and emerging energy technologies. We are also proud to once again partner with organizations that have consistently demonstrated their commitment to meaningful Indigenous economic participation and recognize the long-term value these partnerships create.” Matt Jamieson, President & CEO, Six Nations Group
“This project demonstrates the value of meaningful First Nations participation in infrastructure development across our region. Six Nations of the Grand River will continue to advocate for opportunities that advance economic reconciliation, uphold our values of environmental stewardship, and create lasting benefits for future generations.” Chief Sherri-Lyn Hill, Six Nations of the Grand River
“The Simcoe Battery Project will help to provide the resilient energy foundation and critical storage capacity required to meet Ontario’s growing electricity demand – supporting economic growth and grid reliability. Aecon is proud to bring its experience as a diversified development, construction and investment partner to this vital project – aligning with our strategic focus on opportunities across North America linked to power infrastructure, energy storage, grid expansion and resilience. Harnessing our One Aecon approach, this project demonstrates our expertise converting diverse development and construction capabilities into long-term concession opportunities.” Eitan Ladizinsky, Senior Vice President, Aecon Concessions
“The Simcoe Battery Project is closely aligned with Sitka’s strategy of partnering with leading developers and Indigenous partners to own and operate high-quality Canadian energy infrastructure. We are proud to invest alongside MCBC, SNG, NRStor and Aecon in advancing Indigenous-led energy infrastructure that is central to Ontario’s grid reliability and long-term electricity needs. As a long-term owner, Sitka will contribute to the financing of the project and support its operations and asset management, applying the same disciplined ownership approach we bring to every asset in our portfolio.” Trevor White, President & Chief Executive Office, Sitka Power Inc.
“The Simcoe Battery Project will help keep power reliable for homes and businesses in the Norfolk-Bloomsburg area, especially during periods of high demand. By storing electricity when it’s available so it can be used when it’s needed most, the project will strengthen the local system and support Ontario’s increasing electricity needs. This is the kind of infrastructure investment that delivers real benefits for customers today while helping prepare the system for the future.” Spencer Gill, Vice President and Executive Lead, Transmission System Planning, Hydro One
About NRStor Incorporated
NRStor is a leading Canadian energy storage delivery paltfrom and asset manager dedicated to accelerating the deployment of energy storage and other clean energy infrastructure. Through innovative projects and strong partnerships, NRStor delivers solutions that enhance grid reliability, support the integration of renewable energy, and create long-term value for customers, communities, and partners.
About Mississaugas of the Credit Business Corporation
Mississaugas of the Credit Business Corporation (MCBC) is the wholly owned business development corporation of the Mississaugas of the Credit First Nation (MCFN). MCBC develops and invests in opportunities across the energy and infrastructure, major real estate development, and construction and environmental services sectors. Through strategic partnerships and equity ownership in transformative projects, MCBC creates long-term economic benefits for MCFN and its members while advancing responsible development and economic reconciliation. MCBC’s growing portfolio includes partnerships in renewable energy, infrastructure, environmental services, and major development projects throughout Mississaugas of the Credit First Nation Treaty Territory.
About Six Nations Group
Six Nations Group (SNG) is the operating name of Six Nations of the Grand River Development Corporation, the economic development entity of the Six Nations of the Grand River. Founded in 2015, the organization is focused on creating long-term economic prosperity for the Six Nations community through strategic investments, partnerships, and business development.
Six Nations Group manages a diverse portfolio of businesses and investments across sectors including renewable energy, infrastructure, real estate, and partnerships. Through strategic growth and collaboration, the organization generates own-source revenue that supports community priorities and long-term community impact. For more information, visit www.sixnationsgroup.ca.
About Aecon Group Inc.
Aecon Group Inc. (TSX: ARE) is a North American construction and infrastructure development company with global experience. Aecon delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment, management, and operations and maintenance services through Aecon Concessions. Join our online community on X, LinkedIn, Facebook, and Instagram @AeconGroupInc.
About Sitka Power Inc.
Sitka Power Inc. is a Calgary-based renewable energy developer and independent power producer with active operations and development in British Columbia, Alberta, Saskatchewan and Ontario. Sitka acquires, develops, finances, constructs and operates solar, wind, run-of-river hydro and battery energy storage assets, backed by a private infrastructure fund managed by an affiliate of Long Life Capital Inc.
Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with 1.5 million valued customers, $39.7 billion in assets as at December 31, 2025, and annual revenues in 2025 of $9 billion.
Our team of 9,600 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2025, Hydro One invested $3.4 billion in its transmission and distribution networks, and supported the economy through buying $3.0 billion of goods and services.
We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com, www.sedarplus.com or www.sec.gov.
For more information about everything Hydro One, please visit www.hydroone.com where you can find additional information including links to securities filings, historical financial reports, and information about the Company’s governance practices, corporate social responsibility, customer solutions, and further information about its business.