Pickering B Refurbishment
Ontario Power Generation · Pickering, ON
Overview
OPG is refurbishing the four Pickering B units to extend the station roughly 30 years past their original retirement date. It is the largest capital project in Canada by stated value, and the single biggest factor in whether Ontario keeps its nuclear baseload through the 2030s.
- Owner
- Ontario Power Generation
- Province
- Ontario
- Location
- Pickering, ON
- Category
- Nuclear
- Phase
- Construction
- Estimated cost
- $26.8 billion
- Expected completion
- 2035
Cost figure covers four units, as stated Jan 15, 2026.
Latest update
Ranked the largest active capital project in Canada.
ReNew Canada's 2026 Top100 placed Pickering B first at $26.8 billion, with nuclear taking four of the top six spots.
Jan 15, 2026
Project timeline
- Jan 15, 2026
Ranked the largest active capital project in Canada.
ReNew Canada's 2026 Top100 placed Pickering B first at $26.8 billion, with nuclear taking four of the top six spots.
Source ↗
Recent news
- Construction starts on Pickering nuclear refurbishment - OnOn-Site Magazine · Sep 30, 2026
- Aecon-led JV secures $2.1bn contracts for Ontario’s Pickering nuclear refurbishmentYahoo Finance · Sep 22, 2026
- Ontario Starts Construction on Pickering Nuclear Refurbishment - ontario.caontario.ca · Sep 21, 2026
- Ontario begins Pickering nuclear refurbishment to extend output and support jobsTraders Union · Sep 21, 2026
- Aecon Wins $3 Billion in Pickering Nuclear Refurbishment ContractsTipRanks · Sep 21, 2026
Sources
Also reported as: Pickering Generating Station Refurbishment · Pickering Nuclear Refurbishment · Pickering B Units 5-8
Tracked since Sep 21, 2026
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