Ontario Power Generation Investing in ClaringtonPublished on June 10, 2019
Ontario Power Generation Investing in Clarington and Driving Cost Savings for Consumers
CLARINGTON — Ontario Power Generation (OPG) is investing in Clarington, with plans to build a new corporate campus by 2024. The completed site will accommodate OPG staff from 15 existing locations across the Greater Toronto Area and Niagara Region, bringing over 2,000 jobs to Clarington and driving savings for ratepayers.
"OPG is demonstrating their commitment to cutting costs and delivering value for consumers in Ontario. Like our government, they're putting the people of this province first," said Greg Rickford, Minister of Energy, Northern Development and Mines. "OPG's bold plan is a critical step in securing their position as a leader in innovation and growth in our electricity sector, one that is strongly supported by the province."
The new campus will be built on an existing OPG site, next to the Darlington Energy Complex. It will house OPG's corporate headquarters, as well as renewable generation and nuclear staff.
"OPG's plan aligns with our government's focus to provide real value for money," said Peter Bethlenfalvy, President of the Treasury Board and MPP for Pickering- Uxbridge. "OPG's move to consolidate its operations in Clarington is also a natural fit. It has been safely operating here for 30 years and has become one of our region's strongest, most long-standing partners."
"As the largest employer in Durham, this significant investment builds on OPG's 30-year history in the community and demonstrates a long-term commitment to powering jobs in the region for decades to come," said Lindsey Park, MPP for Durham.
The creation of a new campus will bring expertise together to enhance collaboration and innovation, and allow increased agility across the organization. The historic plan demonstrates OPG's commitment to cutting costs and delivering value for Ontario families and businesses by reducing its real estate costs.
"We're excited to be bringing together teams and technical expertise in one facility, which will reduce costs while also driving collaboration, advancing innovation and enhancing our organizational agility," said Ken Hartwick, President and CEO of Ontario Power Generation.
- Construction of the new OPG campus is expected to begin in 2020/2021.
- By consolidating existing facilities, OPG is anticipated to save approximately 50 per cent on annual lease costs.
- OPG was created under the Ontario Business Corporation Act (OBCA) and is wholly owned by the Province of Ontario.
- Power generated by OPG meets about half of Ontario's electricity needs.