Eguana Partners with Leading Alberta Electricity Distributor to Demonstrate Distributed Energy Storage Benefits

Rhea-AI Summary

Eguana Technologies (TSXV: EGT / OTC: EGTYF) announced a collaboration on February 18, 2026 with an Alberta investor-owned electricity distributor to demonstrate customer‑sited battery storage in new residential developments. The pilot will deploy Eguana's battery systems to relieve feeder constraints, provide homeowner backup power, and assess business models within Alberta's competitive market.

The project leverages the Eguana Edge platform and prior support from PrairiesCan and the City of Medicine Hat.

Calgary, Alberta--(Newsfile Corp. - February 18, 2026) - Eguana Technologies Inc. (TSXV: EGT) ("Eguana" or the "Company"), a leading provider of high-performance energy storage systems, is pleased to announce a collaboration agreement with one of Alberta's Investor-Owned Electricity Distributors to demonstrate the value of customer-sited energy storage systems in relieving distribution system constraints caused by load growth and increasing distributed solar installations in the context of Alberta's competitive electricity market.

The project will deploy Eguana's advanced battery energy storage systems in new residential developments on feeders experiencing rapid load growth. Working closely with the homebuilders, the companies will integrate these systems into homes, providing participating homeowners with the added benefit of backup power during grid outages.

The demonstration will quantify the benefits of distributed storage in mitigating grid constraints and evaluate the business model for delivering these services while complying with Alberta's market regulations. By leveraging Eguana's technology and the utility partner's distribution expertise, the project aims to create a scalable solution for grid resiliency and customer value that can be employed across Alberta and similar markets.

This initiative will leverage capabilities currently being developed and demonstrated on the Eguana Edge^TM platform with previously announced support from PrairiesCan and the City of Medicine Hat through Decentralized Energy Canada's Energy Innovation Challenge, further advancing Eguana's mission to integrate decentralized energy solutions into utility operations.

"This project allows us to showcase how distributed energy storage can deliver real value to both utilities and homeowners in a deregulated market like Alberta's," said Brent Harris, Founder and Chief Operating Officer of Eguana Technologies Inc. "While distribution utilities stand to gain the most from distributed storage, in these cases the full value of the deployed storage fleet capacity can only be realized through a third party ownership model or other contractual arrangements."

Company Inquiries

Justin Holland, CEO
Eguana Technologies Inc.
+1.416.728.7635
Justin.Holland@EguanaTech.com

Forward Looking Statements

The reader is advised that all information herein, other than statements of historical fact, may constitute forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning assigned by National Instrument 51-102 - Continuous Disclosure Obligations and other relevant securities legislation. Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to forward-looking statements contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284321

FAQ

What is the Eguana (EGTYF) project announced on February 18, 2026 in Alberta?

It is a pilot deploying Eguana battery systems in new homes to test distributed storage benefits. According to Eguana, the collaboration will demonstrate relief of feeder constraints and provide homeowner backup power while evaluating viable third‑party ownership or contractual models.

How will the Eguana (EGTYF) demonstration measure grid benefits in Alberta?

The demonstration will quantify distributed storage impacts on distribution constraints and load growth mitigation. According to Eguana, the pilot will collect operational data on feeders with rapid load and solar growth to assess technical and commercial value under Alberta market rules.

Who are Eguana (EGTYF) partnering with for the Alberta residential storage pilot?

Eguana is partnering with an Alberta investor‑owned electricity distributor and homebuilders for integration into new developments. According to Eguana, the distributor supplies distribution expertise while homebuilders enable on‑site system installs and homeowner participation in the pilot.

What customer benefits does the Eguana (EGTYF) residential deployment provide?

Participating homeowners will receive backup power during grid outages and integrated energy storage in new homes. According to Eguana, the systems also aim to deliver added resiliency and potential value streams from mitigating local distribution constraints.

How does the Eguana (EGTYF) project relate to the Eguana Edge platform and prior support?

The pilot builds on capabilities developed on the Eguana Edge platform and earlier funding support. According to Eguana, the initiative leverages prior support from PrairiesCan and the City of Medicine Hat through Decentralized Energy Canada's Energy Innovation Challenge.