Ontario Power Generation is Ontario’s largest clean energy provider. With a generation portfolio that is more than 99 per cent free of carbon and smog emissions, OPG is committed to operating sustainably and being a leader in climate change mitigation. We believe reliable, clean power is fundamental to a healthy environment and a strong, low-carbon economy.
OPG’s green bonds are used to finance and/or refinance eligible renewable projects. The proceeds from the first green bond issuance will be used for eligible hydroelectric development projects.
OPG’s large hydropower projects (i.e., greater than 25 MW installed capacity) funded by its green bond proceeds adhere to the eight International Finance Corporation Performance Standards on Environmental and Social Sustainability.