Williams Treaties First Nations invest C$700 million in OPG's Darlington SMR project

Ontario Power Generation/Darlington New Nuclear Project

Seven Williams Treaties First Nations, through a joint partnership, are investing C$700 million in the Darlington New Nuclear Project, the largest collective First Nations investment in Canadian nuclear power. It is a loan aimed at unit 1 that converts to equity once all four units are built, backed by federal and Ontario loan guarantees.

• C$700M debt instrument, converting to equity after all four SMRs are complete.
• Guaranteed 50/50 by the Canada Indigenous Loan Guarantee Corporation and Ontario's Indigenous Opportunities Financing Program.
• Seven Nations take part through WTFN Investment Holdings LP.