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Bruce Power completes issuance of Series 2023-1 and Series 2023-2 Senior Unsecured Notes

Date Closed

March 23, 2023

Lead Office



600.00 Million CAD

On March 23, 2023, Bruce Power L.P. ("Bruce Power") completed its issuance of C$300 million 4.70% Series 2023-1 Senior Unsecured Notes and C$300 million 4.99% Series 2023-2 Senior Unsecured Notes. The Notes were green bonds issued in accordance with Bruce Power’s Green Financing Framework to finance or re-finance eligible investments associated with life extension and increasing output of existing nuclear reactors.

Bruce Power is an electricity company based in Bruce County, Ontario, that has a reputation for delivering clean, reliable, low-cost nuclear power to families and businesses across the province. 

McCarthy Tétrault advised Bruce Power with a team led by Andrew Parker that included Daryna Kutsyna, Angela Lizotte, and Christopher Yam (Business).