WHEREAS Ventnor Energy Storage LP is proposing to construct and operate a Long-Term Reliability Project, as defined and with the characteristics outlined in the table below, under the Long-Term Request for Proposals (“LT1 RFP”) issued by the Independent Electricity System Operator (“IESO”).
Unique Project ID of the Long-Term Reliability Project:
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LT1-066-9-1
LT1-066-9-2
LT1-066-9-3
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Name of the Long-Term Reliability Project:
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Ventnor Energy Storage Project
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Legal Name of Proponent:
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Ventnor Energy Storage LP
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Technology of the Long-Term Reliability Project:
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Battery Energy Storage
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Maximum Contract Capacity of the Long-Term Reliability Project (in MW):
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up to 300MW
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Property Identification Number (PIN):
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68139 0370 and 68139 0371
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AND WHEREAS Pursuant to the LT1 RFP, Proposals that receive the formal support of the local jurisdictional authorities of all the project communities in which the Long-Term Reliability Project is located in the form of a support resolution will be awarded Rated Criteria points for the purpose of ranking the Proposal in relation to other Proposals for a contract under the LT1 RFP;
AND WHEREAS Ventnor Energy Storage LP has committed to establishing a Community Benefit Fund, as attached, designed to benefit the residents in Edwardsburgh Cardinal;
NOW THEREFORE BE IT RESOLVED THAT: The council of the Corporation of the Township of Edwardsburgh Cardinal supports the development, construction and operation of the Long-Term Reliability Project, as identified by the PINs in the above table, on the Municipal Lands;
AND FURTHER THAT This resolution's sole purpose is to enable the Ventnor Energy Storage LP to receive Rated Criteria Points under LT1 RFP or to satisfy its obligations under any awarded LT1 Contract and may not be used for the purpose of any other form of approval in relation to the Proposal or Long-Term Reliability Project or for any other purpose. Rated Criteria points will be used to rank the Proponent’s Proposal in relation to other Proposals received by the IESO under the LT1 RFP.