Nova Scotia Energy Storage

Sector

Clean Energy, Indigenous Infrastructure

Region

Halifax, Nova Scotia

Investment

$138.2 million
(Under construction)

Partner(s)

Nova Scotia Power Inc., Wskijinu'k Mtmo'taqnuow Agency Ltd

Public impact(s)

↓102,000t CO2e annually

Sector

Clean Energy, Indigenous Infrastructure

Region

Halifax, Nova Scotia

Investment

$138.2 million
(Under construction)

Partner(s)

Nova Scotia Power Inc., Wskijinu'k Mtmo'taqnuow Agency Ltd

Public impact(s)

↓102,000t CO2e annually

Largest energy storage project in Atlantic Canada, includes Indigenous partnership

Nova Scotia Power to develop sustainable, clean energy facilities

Rendering of an energy storage facility that will be built in Nova Scotia.

Aerial view of the completed Bridgewater battery storage site with numerous white container units situated in a snow-covered clearing surrounded by dark winter forest.

Aerial view of the completed Spider Lake battery storage site featuring rows of white shipping container-sized battery storage units next to an electrical substation, surrounded by dense, dark green forest.

Winter construction at the White Rock battery storage site with a large crane lifting materials through falling snow, illuminating concrete foundation forms on the ground.

A large mobile crane lifts a white shipping container over a flatbed trailer during winter construction at the White Rock battery storage site.

Wskijinu'k Mtmo'taqnuow Agency Ltd.

Creating a greener future is a priority for the Mi’kmaw Nation and WMA is proud to be doing our part to bring about positive transformations to the energy industry. This investment in battery storage is a significant step towards true economic reconciliation and developing a more sustainable future for all Mi’kma’ki.

Crystal Nicholas, President

Nova Scotia Power Inc.

The path to 2030 will take all of us working together. This investment outlines the collaborations and partnerships we have been working on to help mitigate project costs and work meaningfully with our Mi’kmaw communities. We look forward to continuing to work closely with our federal, provincial, Mi’kmaw and community partners on Nova Scotia’s clean energy transition.

Peter Gregg, President and Chief Executive Officer

Fast facts

Energy storage is essential for Nova Scotia’s move towards more renewable electricity

Reduce approximately 100,000 tonnes of emissions annually, supports renewable power generation and future needs

13 Mi’kmaw communities to partner with support from Indigenous equity loan

We are investing in Atlantic Canada’s largest energy storage facilities located within three Nova Scotia communities - White Rock, Bridgewater and Waverley. The CIB’s $138.2 million loan will enable the project to proceed by completing the capital investment structure.

The project involves a partnership between the Nova Scotia Power and Wskijinu'k Mtmo'taqnuow Agency Ltd (WMA) - which represents all 13 First Nations in the province. An equity loan to WMA, allows for its to access capital to invest in the project.

Benefits of the CIB’s involvement

The energy storage project is WMA’s first equity participation with Nova Scotia Power and is also the CIB’s first equity loan under its Indigenous Equity Initiative.

The CIB seeks to invest at least $3 billion in projects which benefit Indigenous communities. Energy storage is part of the CIB’s $20 billion Clean Energy priority sector, which is addressing financing gaps in new projects such as renewables, district energy systems and more.

Learn more

Disclaimer: The Canada Infrastructure Bank (CIB) in its sole and absolute discretion may choose to make available amendments, revisions, modifications, or replacements to this website. This page will remain open for further revision, modification, replacement or cancellation by the CIB at any time and in no event shall the CIB be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on the content of this website. Images courtesy of Nova Scotia Energy Storage

This project originated in 2024 under the CIB's Clean Power sector.

Wskijinu'k Mtmo'taqnuow Agency Ltd.

Crystal Nicholas, President

Nova Scotia Power Inc.

Peter Gregg, President and Chief Executive Officer

Nova Scotia Energy Storage