Northland Power moved to expand in Poland on November 20. The Toronto-based developer acquired two battery storage projects totalling 300 megawatts and 1.2 gigawatt-hours.
The late‑stage assets sit in western Poland and carry four‑hour durations. Northland said financing and construction are planned for 2026, with an estimated cost of €200 million (C$290 million). The acquisition was disclosed in a company release that outlined project scale and schedule details.
Revenue structure and market need
The projects are named Mieczysławów at 200 megawatts and Kamionka at 100 megawatts. Northland said a portion of expected cash flow is secured under 17‑year capacity auction contracts, which are indexed to inflation, while additional revenue will come from energy arbitrage and ancillary services.
The company framed the move as a response to growing variability on the grid as Poland adds wind and solar. “This acquisition marks an important milestone in advancing Poland’s energy transformation,” said Christine Healy, Northland’s president and chief executive. The two systems are designed to deliver four hours of discharge, which suits evening peaks.
Delivery path and cost signals
Northland described the assets as late‑stage pre‑construction, which should shorten lead time to build. The company expects to raise non‑recourse project debt after final permits and contracts are in place. Indexation in the capacity contracts matters, since inflation and interest costs remain live risks for storage economics.
The project budget stands at €200 million (C$290 million), based on present estimates for equipment, balance‑of‑plant, and grid connection.
Poland footprint and 2030 plan
The move deepens Northland’s position in Poland, where it is building the 1.1 gigawatt Baltic Power offshore wind farm with Orlen. In February, the partners began in‑water construction, installing the first monopile foundations as part of a phased build program. Storage adds flexibility to that growing renewables base. It also fits with Northland’s corporate plan released the same day.
“Rising demand for energy is creating opportunities across our business,” Healy said in a strategic update. The update targets higher project returns, cost savings by 2028, and a path to scale operating capacity to 7 gigawatts by 2030.
Poland’s capacity market provides the 17‑year contracts, which helps lenders underwrite cash flows for battery projects. The two sites are among the first large storage facilities planned to operate in the country.
If financing closes in 2026, commissioning would likely follow after grid works and testing. Northland’s announcement placed the assets within its core markets focus, with the storage units intended to support renewables integration and reliability in western Poland.