Partnership agreement for new nuclear energy generation at Wesleyville site

Ontario Power Generation (OPG) and the Municipality of Port Hope have announced a partnership agreement for new nuclear energy generation at the Wesleyville site in Ontario, Canada. This partnership aims to develop a significant energy generation facility with a capacity of 10,000 MW. The project is projected to create 10,500 jobs across Ontario and contribute $235 billion to the province's GDP over its lifespan, highlighting its potential economic impact. While the specific technology and project stage are not detailed, the announcement signifies a major investment in nuclear energy infrastructure within the region. The deal is notable due to the involvement of Ontario Power Generation, a major Crown corporation focused on electricity generation, and the Municipality of Port Hope, indicating a collaborative approach between provincial and local government entities. The substantial projected economic benefits and job creation figures underscore the project's potential significance for Ontario. The announcement date of February 13, 2026, suggests a forward-looking strategic initiative, although further details regarding signing and closing dates are currently unavailable. This partnership reflects a commitment to expanding nuclear energy capacity within Ontario's energy mix.