Boralex secures $202 million financing for 125MW Oxford battery energy storage system in Canada

Type: Financing · Technology: Storage · Country: Canada · Capacity: 125 MW · Value: $202M · Announced: 2026-05-14

Boralex advanced its 125MW (500MWh) Oxford battery energy storage system in Canada to the construction or ready-to-build stage, securing a $202 million green financing package. The project represents a key milestone in Boralex's 2030 strategic plan, marking the disciplined execution of its technology diversification strategy. The battery storage system is expected to support grid stability and renewable energy integration in Canada's energy market. The financing was provided by Brookfield Infrastructure Fund V and La Caisse, highlighting their continued support for large-scale energy storage infrastructure. The transaction underscores Boralex's focus on expanding its portfolio beyond traditional renewable energy assets.

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