Ontario Power Generation Inc - Company Profile
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Ontario Power Generation Inc (OPG) is an electric utility. It generates and sells energy. The company produces power using hydro, nuclear, and thermal sources. OPG has long-term lease arrangement and related agreements with Bruce Power LP related to the Bruce nuclear generating stations. It also provides nuclear waste management, ancillary and detritiation services; dimensioning services for nuclear-generating stations and other facilities; and sells heavy water and isotopes. The company trades electricity, financial energy, financial risk management energy products, and energy-related products with counterparties in Ontario and neighboring energy markets. The company is owned by the Province of Ontario. OPG is headquartered in Toronto, Ontario, Canada.
Headquarters
Canada
Address
700 University Avenue, Toronto, Ontario, M5G1X6
Website
www.opg.com
Telephone
1 416 5922555
No of Employees
10,595
Industry
Power
Revenue (2022)
$5.6B
Ontario Power Generation Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Service: |
| Electricity | Nuclear Waste Management |
| Detritiation | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In November, the company and SaskPower entered into an agreement with Laurentis Energy to supply nuclear electricity to the province using small modular reactors. |
| 2023 | Contracts/Agreements | In March, the company joined GE-Hitachi, TVA and Synthos to advance new nuclear technology. |
| 2023 | Asset Purchase | In February, the company purchased former General Motors Building. |
Competitor Comparison
| Key Parameters | Ontario Power Generation Inc | Emera Inc | Toronto Hydro Corp | TransAlta Corp | Maxim Power Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Toronto | Halifax | Toronto | Calgary | Calgary |
| State/Province | Ontario | Nova Scotia | Ontario | Alberta | Alberta |
| No. of Employees | 10,595 | 7,122 | - | 1,222 | 42 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wendy Kei | Chairman | Executive Board | 2019 | - |
| Ken Hartwick | President; Chief Executive Officer; Director | Executive Board | 2019 | - |
| Aida Cipolla | Chief Financial Officer; Senior Vice President - Finance | Senior Management | 2022 | - |
| Carlton Mathias | Chief ESG Officer; Chief Legal Officer; Chief Governance Officer | Senior Management | 2018 | - |
| Mel Hogg | Chief Administrative Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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