CIB kickstarts Oneida Energy project with $170M contribution

NRStor CEO Annette Verschuren, Six Nations of the Grand River Development Corporation president and CEO Matt Jamieson and Federal Minister of Infrastructure and Communities Catherine McKenna all took part in a Canada Infrastructure Bank announcement of $170 million towards the $500-million Oneida Energy Storage project, to be developed by Ontario’s Six Nations of the Grand River Development Corporation in partnership with NRStor Inc.

The Canada Infrastructure Bank’s latest project meets several of the bank’s mandates at once says CIB CEO Ehren Cory, including boosting the green energy sector, supporting Indigenous entrepreneurs and being shovel-ready. The CIB will contribute $170 million towards the $500-million Oneida Energy Storage project, to be developed by Ontario’s Six Nations of the Grand River … Continue reading CIB kickstarts Oneida Energy project with $170M contribution

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