Province of Ontario signs more than CAD3 billion of contracts for Pickering refurbishment

Type: Supply Agreement · Technology: Nuclear · Country: Canada · Capacity: 2200 MW · Value: CAD 3B · Announced: 2026-09-23

The Province of Ontario announced the signing of more than CAD3 billion (USD2.1 billion) of contracts to support the refurbishment of four units at Ontario Power Generation's Pickering nuclear plant on 23 September 2026. The contracts are tied to work starting as site construction gets under way at the Pickering site near Toronto, Ontario, and cover refurbishment activities for four units of the station. The project involves nuclear refurbishment work at Ontario Power Generation's Pickering plant and represents procurement for long-duration construction and service contracts at the site. The announcement links the Province of Ontario as the contracting authority and Ontario Power Generation as the plant owner receiving the refurbishment work valued at CAD3 billion. No individual suppliers, EPC contractors, capacities, or contract-by-contract breakdowns were named in the article.

Analysis

The Province of Ontario signed contracts worth more than CAD3 billion on 23 September 2026 to fund refurbishment of four units at Ontario Power Generation’s Pickering nuclear plant near Toronto, Canada. Ontario Power Generation is the owner of the Pickering nuclear station. The Province of Ontario is the contracting authority for the refurbishment work. The contracts cover long‑duration construction and service activities as site construction begins at the Pickering site.

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