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Orillia Power Generation Acquires Shaman Power

Categories: Press Releases

Posted On: October 1, 2020

Orillia Power Generation Corporation (OPGC) finalized a deal on October 1, 2020 to acquire 100% of Shaman Power Corporation (Shaman) for $11 million. OPGC is the electricity generation division of Orillia Power Corporation (OPC) which is wholly owned by the City of Orillia. OPGC has been in the business of generating clean, renewable electricity for over 100 years. OPGC sells all of the electricity that it generates into the Ontario power grid, pursuant to long-term contracts.

See full press release for details.