Topic/Matter Intersection

Topic:"Financial Instruments" in M12494

Matter: Nova Scotia Power Inc. - Battery Energy Storage System Project (BESS) – Interim Report
1 passage 1 document

Financial Instruments across all matters →

N-1BESS - Interim Report - Redacted 1 passage
Section 5 p. p. 3
As of August 30, 2025, $172,734,734 in project costs (incurred to end of June 2025) were submitted to Natural Resources Canada (NRCan) under the Smart Renewables and Electrification Pathways Program (SREP) and the Electricity Predevelopmen...

AI summary As of August 30, 2025, $172,734,734 in project costs were submitted to NRCan under the SREP and EPP. $94,308,625 have been approved, resulting in $67,155,509 in funding received. The remaining $78,426,109 is under review. Costs can be funded by either EPP or SREP, not both, and only certain preconstruction costs are eligible for the EPP.

Disclaimer: These summaries were generated by AI from the filings they describe. We take care to make them accurate, but errors are possible - and they aren't advice. Only the filings themselves are the record: if you're relying on something here, confirm it against the source documents or the Nova Scotia Energy Board's own record. Full disclaimer →