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Ontario Power Generation registers C$4B of notes

Ontario Power Generation Inc. filed a preliminary short-form base shelf prospectus for the potential sale of up to C$4 billion of medium-term notes from time to time.

The company plans to add net proceeds to its general funds, which together with other funding, will be used to finance working capital requirements, repay outstanding indebtedness, make advances to its subsidiaries, finance the capital expenditure program, make acquisitions and for other general purposes.