Bruce Power operates the Bruce Nuclear Generating Station in Tiverton, Ontario, as a private-sector electricity generator that is leased from the province. The site has eight CANDU reactors that typically supply about 30% of Ontario’s electricity under a long-term contract with the Independent Electricity System Operator through 2064; Bruce Power funds all upgrades, pays rent, and covers waste management and decommissioning. Beyond power, the company is a major producer of medical isotopes, including Cobalt-60 for sterilizing medical devices and Lutetium-177 for targeted cancer therapies, using an on-site Isotope Production System. Its goals are to provide reliable, low-cost electricity to Ontario over the long term, extend reactor life through refurbishments, explore capacity expansion with Bruce C, and lead in isotope production for medical use.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$1.6B
Headquarters
Kincardine, Canada
Founded
2001
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