NiSource subsidiary enters battery storage tolling agreement with AGP Group subsidiary
NI•NiSource said a subsidiary entered a tolling agreement with an AGP Group subsidiary for a 600 MWac/2,400 MWh battery storage system connected to MISO. The 20.5-year delivery term is expected to begin Dec. 1, 2027, with aggregate storage payments expected to total $2.20 billion.
1. Battery storage agreement
NiSource said a subsidiary entered a battery storage tolling agreement with an AGP Group subsidiary for development of a 600 MWac/2,400 MWh battery storage system interconnected to MISO. The delivery term is expected to run 20.5 years beginning Dec. 1, 2027, and NiSource subsidiary Genco’s aggregate storage payments are expected to total $2.20 billion over the term.
