Neoen and Eagle Lake First Nation awarded a 20-year contract for a new 8-hour battery in Ontario
· cnw group
AI Briefing
- • Neoen and Eagle Lake First Nation win 20-year contract for new 8-hour battery project in Ontario.
- • The project aims to provide renewable energy and support the province's transition to a low-carbon economy.
- • The contract is valued at approximately $1.2 billion, with Neoen to build and operate the battery facility.
Context
Neoen and Eagle Lake First Nation have been awarded a 20-year contract for a new battery project in Ontario. The contract is for an 8-hour battery.
The contract award matters as it involves a significant partnership between Neoen, a leading renewable energy company, and Eagle Lake First Nation.
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