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Ontario Power Generation, VC Fund

Ontario Power Generation

VC Fund

Toronto, Canada

Ontario Power Generation is a VC fund in Toronto focused on Energy and Renewable Energy. Ontario Power Generation they invest in local economies to maintain a sophisticated energy fleet with local, environmental, and indigenous groups.

Total investments:
8
Last investment:
Lead investor:
38%

Last updated:

Industries Ontario Power Generation invests in

EnergyRenewable EnergySolarNuclearClean Energy

Stages Ontario Power Generation invests in

Series BSeries CGrantSeries AVenture - Series Unknown

Countries Ontario Power Generation invests in

United StatesCanada

Contacts

NameEmailPhoneSocials
Ken Hartwick Ken Hartwick
Nicolle Butcher Nicolle Butcher
Theresa Dekker Theresa Dekker

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2 more contacts available

Investment Focus

Industry

  • Energy 6 (75%)
  • Renewable Energy 6 (75%)
  • Solar 2 (25%)
  • Nuclear 2 (25%)
  • Clean Energy 2 (25%)
See all 20 industries →

Stage

  • Series B 2 (25%)
  • Series C 2 (25%)
  • Grant 1 (13%)
  • Series A 1 (13%)
  • Venture - Series Unknown 1 (13%)

Country

  • United States 4 (50%)
  • Canada 3 (38%)

Team

NameTitleInvestmentsLinksEmail
Ken Hartwick
Ken Hartwick SVP Finance, Strategy, Risk & Chief Financial Officer; President and CEO
SVP Finance, Strategy, Risk & Chief Financial Officer; President and CEO Total investments: 0
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Nicolle Butcher
Nicolle Butcher COO; President and CEO
COO; President and CEO Total investments: 0
Find email
Theresa Dekker
Theresa Dekker Vice President Nuclear Decommissioning Program
Vice President Nuclear Decommissioning Program Total investments: 0
Find email

Investments

CompanyDescriptionRoundLinks
Utility Global Utility Global
Utility Global develops and designs a generation system to create a paradigm shift in how the world uses, stores, and transforms energy. The company's system is centered around a state-of-the-art oxide-ion cell, which leverages the latest developments in manufacturing, sensing, control, and nanotechnology, enabling users to generate everythingfrom high-efficiency power to low-cost hydrogen in compact and affordable devices. $53M / Series C / Sep 25, 2024
X-energy X-energy
X-Energy is a nuclear reactor and fuel design engineering company that develops Generation IV, high-temperature gas-cooled small modular reactors (SMRs) together with proprietary TRISO-X particle fuel. Their flagship reactor, the Xe-100, delivers about 80 MWe per unit and can be scaled in modular “packs” to reach higher output. X-Energy also buildsits own TRISO-X fuel to maintain supply control and quality. In addition, the company operates a plant support center to provide fleet monitoring, maintenance planning, training, and diagnostics for its reactor customers. $235M / Series C / Dec 05, 2023
Silfab Solar Silfab Solar
Silfab Solar is the North American leader in the design, development, and manufacture of ultra-high-efficiency, premium quality PV modules. Silfab leverages 40 years of solar experience and best-in-class technologies to produce the highest-rated solar modules from facilities in the state of Washington and Toronto, Canada. Each facility featuresmultiple automated ISO 9001-2015 quality certified production lines utilizing just-in-time manufacturing to deliver Buy American approved PV modules specifically designed for and dedicated to the North American market. $125M / Venture - Series Unknown / Mar 08, 2023
BluWave-ai BluWave-ai
BluWave-ai is leading the global energy transformation by accelerating the proliferation of distributed and renewable energy resources, electric transportation, and smart loads. Our SaaS-based solutions utilize artificial intelligence (AI) to optimize smart grids for increased affordability, reliability, and sustainability. Our customers –communities, corporations and utilities – have reported significant savings in capital and operational costs, as well as reductions in their carbon footprint. BluWave-ai is dedicated to working with partners and customers toward universal, affordable, and sustainable energy and transportation systems. BluWave-ai’s grid energy optimization platform balances the cost, availability, and reliability of different energy sources - renewable and non-renewable - with energy demand in real-time. We are focused on supporting distribution utility, enterprise, mining, campus, net zero community, and remote/off-grid clients around the globe. $7.1M / Series A / Feb 14, 2023
Swell Energy Swell Energy
Swell Energy is developing a greater grid for the greater good. The distributed energy and grid solutions provider is accelerating the mass-adoption of residential and commercial clean energy technologies by making it easy for consumers to take control of their home energy use, achieve energy security and generate GridRevenue. The company provideshomeowners and businesses with financing and educational resources, partnering with trusted local solar + storage companies and top technology providers for seamless, high-quality installations of the best available products. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future distributed energy system. $120M / Series B / Nov 22, 2022
Caban Systems Caban Systems
Caban systems designs and manufactures software enabled modular lithium ion energy storage solutions for off-grid and weak grid telecom sites. $51M / Series B / Jul 22, 2022
Silfab Solar Silfab Solar
Silfab Solar is the North American leader in the design, development, and manufacture of ultra-high-efficiency, premium quality PV modules. Silfab leverages 40 years of solar experience and best-in-class technologies to produce the highest-rated solar modules from facilities in the state of Washington and Toronto, Canada. Each facility featuresmultiple automated ISO 9001-2015 quality certified production lines utilizing just-in-time manufacturing to deliver Buy American approved PV modules specifically designed for and dedicated to the North American market. Venture - Series Unknown / Sep 15, 2021
Moltex Energy Moltex Energy
Moltex Energy is a nuclear technology leader that has caught the attention of governments, utilities and investors worldwide. With its innovative Stable Salt Reactor - Wasteburner (SSR-W), Moltex provides a carbon-free electricity generation solution that combines low upfront costs with reliable, large-scale power (300-500 MWe per reactor). This,coupled with inherently safe design features, makes the SSR-W suitable for siting in many communities.The SSR-W is a molten salt reactor that uses recycled nuclear waste as fuel. This fuel is produced using Moltex's WAste To Stable Salt (WATSS) recycling process, and offers a cost-effective, environmentally friendly, and socially acceptable solution to waste minimization.Thanks to GridReserve, energy from the SSR-W can be stored as heat and dispatched to the grid during periods of peak demand. This allows the reactor to complement intermittent renewable sources such as wind and solar.Moltex was selected by NB Power to progress development of its reactor technology in New Brunswick, Canada, with the goal of deploying first-of-a-kind SSR-W, WATSS and GridReserve units at the Point Lepreau site. $792.3K / Grant / Mar 30, 2021

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FAQ

What does Ontario Power Generation invest in?

Ontario Power Generation invests primarily in Energy, Renewable Energy and Solar startups, most often at Series B and Series C stage. Most of the 8 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Ontario Power Generation?

Public channels for Ontario Power Generation include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Ontario Power Generation?

The team at Ontario Power Generation includes Ken Hartwick (SVP Finance, Strategy, Risk & Chief Financial Officer; President and CEO), Nicolle Butcher (COO; President and CEO) and Theresa Dekker (Vice President Nuclear Decommissioning Program). The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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