OMERS to invest in refurbishment of Bruce Power reactors
OMERS Private Markets, a division of the Ontario Municipal Employees Retirement System, has agreed to invest in the refurbishment of six Bruce Power reactor units over the next 20 years. The nuclear facility's other backers, which include TransCanada Corp, the Society of Energy Professionals and the Power Workers Union, will also invest in the projects. No financial terms were disclosed. Based in Tiverton, Ontario, Bruce Power generates about 30 percent of Ontario's electricity supply. OMERS is one of its largest investors.
3 December 2015•3 mins read
