News

Posted March 21, 2025 by Selkirk Advisory Group (Original Post) Selkirk Advisory Group Inc. (“Selkirk”) is pleased to announce closing of an approximately $46.6 million non-recourse project financing for the 16 MW (64 MWh) North Glengarry battery storage project located in Ontario (the “Project”). The Project was developed by Compass Greenfield Development Inc. (“CGD”) and is owned by parties affiliated with CGD in partnership with Algonquins of Pikwakanagan First Nation. The Project will supply capacity to the Ontario electric grid pursuant to a Long-Term Reliability Services (LT1) Contract with the Independent Electricity System Operator of Ontario.The financing consists of a…

Posted January 6, 2025 by Selkirk Advisory Group (Original Post) Selkirk Advisory Group Inc. (“Selkirk”) is pleased to announce closing of an approximately $29 million non-recourse project financing for the 10 MW (40 MWh) Almonte BESS 2 battery energy storage project located in Ontario (the “Project”). The Project was developed by Compass Greenfield Development Inc. (“CGD”) and is owned by parties affiliated with CGD in partnership with Algonquins of Pikwakanagan First Nation. The Project will supply capacity to the Ontario electric grid pursuant to a Long-Term Reliability Services (LT1) Contract with the Independent Electricity System Operator of Ontario.The financing consists…

Posted September 30, 2024 Compass Greenfield Development is happy to share that we have broken ground on the construction of our E-LT1 Battery Energy Storage System sites. This includes Walker 4, Walker 5 and Walker 6. The CGD team would like to give a huge shout out to our contractor, Black and McDonald for the great work and on going collaboration.

Posted July 5, 2024 by Selkirk Advisory Group (Original Post) Selkirk Advisory Group Inc. (“Selkirk”) is pleased to announce closing of an approximately $49.5 million non-recourse project financing for a portfolio of four 5 MW (20 MWh) battery energy storage projects located in Ontario, known as the Walker BESS 4, Walker BESS 5, Walker BESS 6 and Almonte BESS 1 energy storage projects (collectively, the “Projects”). The Projects were developed and will be managed by Compass Greenfield Development Inc. (“Compass”). The Projects are owned by entities affiliated with Compass in partnership with MoCreebec Eeyoud Council Board of the Cree Nation.…