Ontario Power Generation

OverviewSuggest Edit

Ontario Power Generation (OPG) is a clean electricity generator. It owns and operates hydroelectric and nuclear stations, a biomass station, a dual-fuelled oil and gas station, natural gas-fuelled stations, and a solar facility.

TypePrivate
Founded1999
HQToronto, CA
Websiteopg.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Sept 2021)6,489
Revenue (FY, 2020)C$7.2 B(+21%)
Cybersecurity ratingCMore

Key People/Management at Ontario Power Generation

Kenneth M. Hartwick

Kenneth M. Hartwick

President and Chief Executive Officer
Shelley Babin

Shelley Babin

Senior Vice President – Law & General Counsel, and Chief Ethics Officer
Nicolle Butcher

Nicolle Butcher

Senior Vice President – Renewable Generation & Energy Markets
Heather Ferguson

Heather Ferguson

Senior Vice President – Corporate Affairs
Christopher Ginther

Christopher Ginther

Chief Administrative Officer
Sean Granville

Sean Granville

Chief Operations Officer and Chief Nuclear Officer
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Ontario Power Generation Office Locations

Ontario Power Generation has offices in Toronto, Cornwall, Courtice, Pickering and in 1 other location
Toronto, CA (HQ)
Ontario Power Building, 700 University Ave
Cornwall, CA
2500 Second St W
Courtice, CA
1855 Energy Dr
Pickering, CA
1675 Montgomery Park Rd
Tiverton, CA
Box 7000, B21
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Ontario Power Generation Financials and Metrics

Summary Metrics

Founding Date

1999
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Ontario Power Generation Revenue

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Ontario Power Generation's revenue was reported to be C$7.24 b in FY, 2020 which is a 20.2% increase from the previous period.
CAD

Revenue (FY, 2020)

7.2b

Revenue growth (FY, 2019 - FY, 2020), %

20.2%

Gross profit (FY, 2020)

6.5b

Gross profit margin (FY, 2020), %

89.3%

Net income (FY, 2020)

1.4b

EBIT (FY, 2020)

2.1b

Cash (31-Dec-2020)

725.0m
CADFY, 2018FY, 2019FY, 2020

Revenue

5.5b6.0b7.2b

Revenue growth, %

9%20%

Cost of goods sold

671.0m677.0m777.0m

Gross profit

4.9b5.3b6.5b
CADFY, 2018FY, 2019FY, 2020

Cash

313.0m498.0m725.0m

Accounts Receivable

483.0m468.0m492.0m

Prepaid Expenses

116.0m136.0m145.0m

Inventories

397.0m325.0m328.0m
CADFY, 2018FY, 2019FY, 2020

Net Income

1.2b1.1b1.4b

Depreciation and Amortization

784.0m1.1b1.3b

Inventories

33.0m91.0m34.0m

Accounts Payable

(25.0m)(21.0m)76.0m
CADFY, 2018

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

4 x
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Ontario Power Generation Revenue Breakdown

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Ontario Power Generation revenue breakdown by business segment: 5.8% from Contracted Gas, 5.8% from Contracted and Other Generation, 22.2% from Regulated Hydroelectric, 65.5% from Regulated Nuclear and 0.8% from Other

Ontario Power Generation Cybersecurity Score

Cybersecurity ratingPremium dataset

C

70/100

SecurityScorecard logo

Ontario Power Generation Online and Social Media Presence

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Ontario Power Generation News and Updates

OPG reports 2021 first quarter financial results

Ontario Power Generation Inc. (OPG or Company) today reported its financial and operating results for the first quarter of 2021, with net income attributable to the Shareholder of $290 million, compared to $309 million for the same period last year

OPG partnering with Indspire to build brighter futures

Ontario Power Generation (OPG) has joined forces with Indspire to provide twenty $10,000 scholarships to First Nations (status or non-status), Inuit or Métis students over the course of the next three years.

OPG building better ways to charge the Province’s transit

Ontario Power Generation (OPG) is leveraging its clean electricity production and electrification expertise to help reduce transportation sector emissions.

OPG and Bruce Power release 2020 Ontario Nuclear Collaboration Report

For more than 50 years, Ontario’s nuclear fleet has provided a stable source of clean and reliable electricity for Ontario’s families, hospitals, and businesses. In 2016, after ten years of detailed planning and preparation, Ontario took the first steps to rebuilding its large, clean energy assets. …

OPG collaborating with Moltex to study clean energy solutions

Ontario Power Generation’s (OPG) Centre for Canadian Nuclear Sustainability (CCNS) has joined forces with Moltex Energy on a project aimed at recycling used fuel from CANDU reactors.

Statement regarding recent Globe and Mail story on Pickering Nuclear Generating Station

The Pickering Nuclear Generating Station continues to serve Ontarians safely and reliably by producing carbon-free power around the clock, day in and day out. It does so because the professionals who work there are dedicated and meticulous in their jobs, and because the nuclear sector has more rigor…
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Ontario Power Generation Frequently Asked Questions

  • When was Ontario Power Generation founded?

    Ontario Power Generation was founded in 1999.

  • Who are Ontario Power Generation key executives?

    Ontario Power Generation's key executives are Kenneth M. Hartwick, Shelley Babin and Nicolle Butcher.

  • How many employees does Ontario Power Generation have?

    Ontario Power Generation has 6,489 employees.

  • What is Ontario Power Generation revenue?

    Latest Ontario Power Generation annual revenue is C$7.2 b.

  • What is Ontario Power Generation revenue per employee?

    Latest Ontario Power Generation revenue per employee is C$1.1 m.

  • Who are Ontario Power Generation competitors?

    Competitors of Ontario Power Generation include Nova Scotia Power, NRG Energy and Exelon.

  • Where is Ontario Power Generation headquarters?

    Ontario Power Generation headquarters is located at Ontario Power Building, 700 University Ave, Toronto.

  • Where are Ontario Power Generation offices?

    Ontario Power Generation has offices in Toronto, Cornwall, Courtice, Pickering and in 1 other location.

  • How many offices does Ontario Power Generation have?

    Ontario Power Generation has 5 offices.