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Second Party Opinion: Ontario Power Generation Inc.'s Sustainable Finance Framework

S&P Global Ratings assesses Ontario Power Generation Inc.'s Sustainable Finance Framework as aligned with Social Bond Principles, ICMA, 2023; Green Bond Principles, ICMA, 2021 (with June 2022 Appendix 1); and Sustainability Bond Guidelines ICMA, 2021. Ontario Power Generation is a Canadian electricity generator wholly owned by the Province of Ontario, with $66 billion in assets and operations across Canada and the U.S.

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