Ontario Power Generation Pension Fund

Ontario Power Generation Pension Fund

The Ontario Power Generation Pension Fund was established to serve employees of the utility sponsored by the Province of Ontario. Ontario Power Generation Inc. remains the direct sponsor. The fund allocates across real estate, infrastructure, and private markets. Confirmed holdings include Generate Capital, in sustainable infrastructure and H2O Innovation. Positions extend to Swell Energy, Caban Systems, and Enpal. Geographic exposure covers Canada and the United States with additional activity in Germany. The fund maintains memberships in the International Centre for Pension Management and the GRI Institute. It lists service providers including State Street Bank as custodian and Partners Group as joint venture partner since 2021. The fund operates as a dedicated pension vehicle tied to a single sponsor employer, with investment decisions executed through named directors reporting to the CIO.