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NU E Power Corp. Signs Letter of Intent to Acquire 100% Interest in 145 MWac Alberta Solar ...
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Fusion42 · 24 August 2026 · Fusion42 review
NU E Power Corp. signed a non-binding letter of intent to acquire 100% interest in the 145 MWac Hays solar and battery storage project in Alberta, potentially increasing its net portfolio capacity to 760 MW. The acquisition includes a 61.5 MW / 123 MWh battery system and hinges on project milestones for payment, with closing conditions including regulatory and interconnection approvals.
This Wire brief sits within Fusion42's coverage of Clean Energy.
◆ ◆ The Wire takeaway
NUE’s move to own the Hays Project outright changes its risk and capital posture, giving you a clearer route to control and profit from Alberta renewables. Battery storage paired with solar now creates a tighter value chain you need to follow or join.
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1 source · 24 Aug 2026
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