Partnership agreement for potential Wesleyville nuclear plant development

By Global Infrastructure Sherpa · Jan 12, 2026

Development Nuclear announced Port Hope, Canada Jan 12, 2026

USD4M

Deal Value

10000 MW

Capacity

development

Stage

Wesleyville nuclear plant

Project

Ontario Power Generation (OPG) has signed a partnership agreement with the Municipality of Port Hope for new nuclear energy generation at the Wesleyville site. The Wesleyville site alone could support up to 10,000 megawatts of new nuclear generation.

Source Intelligence

KEY DETAILS

OPG submitted their Initial Project Description to the Impact Assessment Agency of Canada for approval on January 12, 2026. Quote: On January 12, 2026, OPG submitted their Initial Project Description to the Impact Assessment Agency of Canada for approval. An additional $500,000 was provided to support specific staffing requirements related to project work. Quote: An additional $500,000 was provided to support specific staffing requirements related to project work.

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Deal Size

OPG has also provided a further $4 million of growth readiness funding to Port Hope to support the community in preparing for the workload of the Impact Assessment process and beginning stages of a proposed Wesleyville nuclear facility.

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Capacity

The Wesleyville site alone could support up to 10,000 megawatts of new nuclear generation

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Location

Ontario Power Generation (OPG) has signed a partnership agreement with the Municipality of Port Hope for new nuclear energy generation at the Wesleyville site.

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Signing

Ontario Power Generation (OPG) has signed a partnership agreement with the Municipality of Port Hope for new nuclear energy generation at the Wesleyville site.

PARTIES MENTIONED IN SOURCE

Ontario Power Generation developer

"Ontario Power Generation (OPG) has signed a partnership agreement with the Municipality of Port Hope for new nuclear energy generation at the Wesleyville site."

Municipality of Port Hope developer

"Ontario Power Generation (OPG) has signed a partnership agreement with the Municipality of Port Hope for new nuclear energy generation at the Wesleyville site."

Impact Assessment Agency of Canada

"On January 12, 2026, OPG submitted their Initial Project Description to the Impact Assessment Agency of Canada for approval."

high quality Enriched Feb 19, 2026