Bruce Power issues $950 million in Green Bonds
Bruce Power issued an additional $950 million in Green Bonds on a private placement basis in each of the provinces of Canada. The Green Bonds will support Bruce Power's Life Extension Program and other projects.
Source Intelligence
Bruce Power has cumulatively issued $3.3 billion in Green Bonds through five offerings. Quote: Since becoming the first nuclear operator in the world to issue Green Bonds in 2021, Bruce Power now has cumulatively issued $3.3 billion in Green Bonds through five offerings. Bruce Power updated its Green Financing Framework in November of 2023. Quote: In November of 2023, Bruce Power updated its Green Financing Framework and S&P Global Ratings assessed the Framework as ‘Medium Green’ on a scale of Light, Medium and Dark. Bruce Power's Major Component Replacement (MCR) project will see Units 3-8 refurbished by 2033. Quote: Bruce Power has a strong track record of delivering clean energy projects, including its Major Component Replacement (MCR) project, which will see Units 3-8 refurbished by 2033.
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"The Green Bonds are being offered in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, RBC Capital Markets, and TD Securities, which includes Scotia Capital, CIBC World Markets and National Bank Capital Markets.”"
"Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals."
"Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals."
"Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals."
"Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals."
Global Infrastructure Sherpa