Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
New call-to-action
Cross Border News  + Industrial  | 

Northland Acquires Two Battery Storage Projects in Poland

Northland Power has purchased full ownership of two large-scale battery-energy storage developments in Poland with a combined capacity of 1.2 gigawatt hours.

Financing and construction are slated to begin in 2026, with total costs estimated at €200 million.

Toronto-based Northland acquired the projects from Greenvolt Power Group for an undisclosed price, widening its footprint in the Polish market. The investment aligns with Poland’s accelerating move away from coal toward cleaner power sources, a shift that is increasing the need for grid-balancing technologies such as battery storage, according to Northland.

The 800-megawatt-hour Mieczysławów project and the Kamionka project (MWh) are both located in western Poland and designed for four-hour storage. Each will receive part of its revenue from 17-year, inflation-indexed capacity contracts, with additional income anticipated from energy trading and ancillary services, said Northland.

Once in service, the facilities will be among the first utility-scale battery storage systems operating in Poland.

Northland president and chief executive officer Christine Healy said the acquisition advances the country’s energy transition while supporting the company’s long-term growth strategy.

Photo: Northland Power

Connect

Inside The Story

Northland Power

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

New call-to-action
New call-to-action