PowerBank Corporation commissions 4.99MW BESS and secures 22-year IESO contract

Type: Development · Technology: Storage, Solar, Other · Country: Canada · Capacity: 4.99 MW · Value: $28.1M · Announced: 2026-05-06

PowerBank Corporation has brought its 4.99 MW BESS SFF 06 project in Cramahe, Ontario into commercial operation and commenced revenue under a 22-year contract with the Independent Electricity System Operator (IESO).

Counterparties

• Partnership of First Nations communities in Ontario (Partner)
• PowerBank Corporation (Developer)
• Royal Bank of Canada (Lender)
• Independent Electricity System Operator (IESO) (Offtaker)

Source article

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