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Several First Nations sign deal with Ottawa, Ontario to own part of a nuclear reactor (opens original article in a new tab)

TL;DR

Several First Nations in Ontario have signed a deal with federal and provincial governments to own a minority stake in a nuclear reactor as part of the Darlington New Nuclear Project.

  • Several Ontario First Nations will own a minority stake in a nuclear reactor through a partnership with Ottawa and Ontario governments.
  • The deal involves $700 million in loan guarantees converted to equity for seven Williams Treaties First Nations.
  • The Darlington New Nuclear Project includes four small modular reactors expected to generate 1,200 megawatts of power by 2030.

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