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Ontario Power Generation (OPG)

company

Ontario Power Generation (OPG) is a Crown corporation owned by the Province of Ontario, responsible for generating approximately half of Ontario's electricity. It operates a diverse portfolio of clean energy assets, including nuclear, hydroelectric, and biomass facilities, with a strategic focus on refurbishing existing nuclear plants, developing new nuclear technologies like Small Modular Reactors (SMRs), and expanding its clean energy footprint.

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Founded 1999 10,000 employees Parent: Province of Ontario
UtilityOperatorDeveloperInvestor

Strategic Overview

  • OPG is a key player in Ontario's clean energy transition, focusing on nuclear power as a baseload source.
  • Significant investment in extending the life of existing nuclear assets and developing new nuclear technologies like SMRs.
  • Expanding its clean energy portfolio through strategic acquisitions and partnerships, including hydroelectric assets in the U.S.

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Key People

Ken Hartwick
President and CEO

Track Record

18,500
MW Total
25
Years Active
Notable projects: Darlington Nuclear Generating Station Refurbishment, Pickering Nuclear Generating Station Operations, Sir Adam Beck Hydroelectric Generating Stations, Small Modular Reactor (SMR) Development at Darlington

Detailed Analysis

Technologies
NuclearHydropowerBiomassSolar PVBattery StorageSmall Modular Reactors (SMRs)
Sectors
UtilitiesEnergy Transition
Geographies
CanadaUSA
Deal Stage
OperatingBrownfieldGreenfield
Deal Structure
Direct InvestmentPartnership

Subsidiaries

Laurentis Energy PartnersEagle Creek Renewable Energy

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