eReserve2 Project Overview

TERIC Power Ltd. (TERIC) is pleased to introduce our proposed eReserve2 Battery Storage Project (the “Project”). TERIC intends to apply to the Alberta Utilities Commission (AUC) for a permit to install the eReserve2 battery storage project at the SE-11-48-09-W4M surface location, approximately twenty kilometers north of the Village of Irma, in the Municipal District of Wainwright No. 61, Alberta. The facility will be located on privately owned and disturbed land directly west of the AltaLink-owned Buffalo Creek 526S Substation.

Community Benefits

The Project will generate municipal tax revenue that will contribute to the tax base for the Municipal District of Wainwright No. 61, while requiring minimal municipal services. During the construction phase, the Project will provide local jobs for electricians, equipment operators, labourers, specialized trades, site managers and engineers. Once operational, on-going site services such as project operators, electricians, and vegetation control jobs, will be required. Additionally, the procurement of materials and local support services such as accommodations and food services for workers, will be required during both the construction and operations phases.