Ontario Power Generation (OPG), established in 1999 and headquartered in Ontario, Canada, is a Government of Ontario-owned electrical utility focused on generating and supplying power to meet the region's energy needs. The company operates a diverse portfolio of generating assets, predominantly hydroelectric and nuclear facilities, playing a pivotal role in Ontario’s energy landscape.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
OPG has a long-standing history of bond issuances, starting in the early 2000s, which have funded various capital projects critical to its operations. Notably, OPG issued a significant C$500 million bond in 2020 to support its renewable energy initiatives, reflecting the company's commitment to sustainability. Current yields on OPG bonds are competitive within the utility sector, offering retail investors a stable option in a low-interest-rate environment. The bonds typically feature robust covenants reflecting the company's strong credit rating and operational integrity, reinforcing their appeal as a secure investment.