Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

October 10, 2015 12:36 AM ET

Electric Utilities

Company Overview of Ontario Power Generation Inc.

Company Overview

Ontario Power Generation Inc. generates and sells electricity to homes, schools, hospitals, and businesses in Ontario, Canada. It operates through five segments: Regulated – Nuclear Generation; Regulated – Nuclear Waste Management; Regulated – Hydroelectric; Contracted Generation Portfolio; and Services, Trading, and Other Non-Generation. As of June 30, 2015, the company operates 2 nuclear generating stations, 3 thermal generating stations, 65 hydroelectric generating stations, and 2 wind power turbines with a total in-service capacity of 17,059 megawatts (MW). It also co-owns the 550 MW Portlands Energy Centre gas-fired combined cycle generating station along with TransCanada Energy Ltd.; a...

700 University Avenue

Toronto, ON M5G 1X6


Founded in 1998

9,667 Employees



Key Executives for Ontario Power Generation Inc.

Chief Executive Officer, President and Director
Age: 53
Chief Financial Officer and Interim Senior Vice President
Chief Ethics Officer, Senior Vice President of Law and General Counsel
Chief Nuclear Officer
Senior Vice President of Nuclear Projects
Compensation as of Fiscal Year 2015.

Ontario Power Generation Inc. Key Developments

Ontario Power Generation and Coral Rapids Power to Build New 28 Megawatt Hydroelectric Generating Station

Ontario Power Generation and Coral Rapids Power are building a new 28 megawatt hydroelectric generating station approximately 90 km north of the Town of Smooth Rock Falls. The $300 million project is expected to employ 220 workers at peak and be completed in 2018. The development will use a portion of the water flowing down New Post Creek to generate electricity by transporting water 250 meters from the intake via a penstock (large pipe) to the power house on the Abitibi River. The remaining water will continue to flow over the falls to restore its original beauty. The new station will be named in honor of a respected community elder, Peter Sutherland Sr., who was born 100 years ago this month and passed on in 1998. When in service, the Peter Sutherland Sr. Generating Station will provide clean, reliable hydroelectric power to up to 25,000 homes. Employment on the project is expected to peak at 220 workers, and be distributed across a wide variety of professions and trades typically associated with a remote heavy construction project. Labor needs will include: engineers, equipment operators (backhoe, crane, dozer), labour (e.g., general, skilled and unskilled), drillers, cement workers, ironworkers/rodmen, electricians, welders, carpenters and camp support services (e.g., catering, maintenance, clerical).

Ontario Power Generation Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Ontario Power Generation Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, revenue was $1,383 million against $1,098 million last year. Income before interest and income taxes was $268 million against $119 million last year. Net income attributable to the shareholder was $189 million compared to $115 million a year ago. Cash flow provided by operating activities was $450 million compared to $205 million a year ago. For the six months, revenue was $2,738 million against $2,485 million last year. Income before interest and income taxes was $610 million against $469 million last year. Net income attributable to the shareholder was $423 million compared to $357 million a year ago. Cash flow provided by operating activities was $905 million compared to $633 million a year ago. Return on common equity for the twelve months ended June 30, 2015 was 8.9% against 8.5% for the period ended December 31, 2014.

Ontario Power Generation Inc. Appoints Jeffrey J. Lyash as New President and CEO, Effective Aug. 21, 2015

Ontario Power Generation has named Jeffrey J. Lyash its new President and CEO, effective Aug. 21, 2015. Mr. Lyash joins OPG from CB&I Power where he headed one of the large U.S. power engineering, procurement and construction organizations. Mr. Lyash will take the helm of Ontario's large clean energy generator as the company prepares for Darlington Refurbishment and continues efforts to improve its financial results.

Similar Private Companies By Industry

Company Name Region
Hydro One Brampton Inc. Americas
British Columbia Hydro and Power Authority Americas
Hydro Quebec TransÉnergie Inc. Americas
New Brunswick Power Corporation Americas
EPCOR Energy Alberta Inc. Americas

Recent Private Companies Transactions

No transactions available in the past 12 months.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Ontario Power Generation Inc., please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at