Canada Growth Fund

Ottawa, Ontario, Canada
Active
BWR

Company overview

Founded
2022
Total funding
CAD 3B total (with Building Ontario Fund) for Darlington
Technology
BWR — Boiling Water Reactor

About

Canada Growth Fund is a federal Crown investment vehicle that invested in Ontario Power Generation's Darlington BWRX-300 SMR project alongside the Building Ontario Fund — committing a combined CAD 3 billion and taking minority stakes to de-risk construction and operation. This government equity investment was specifically designed to crowd-in private sector and Indigenous investment over time. The Darlington investment is the CGF's flagship clean energy infrastructure commitment.

Key investors

Government of Canada

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