A Nascent Renaissance – Part III: Nuclear Project Financing Options

In the first two bulletins of our spotlight on nuclear energy, we explored the revived interest in nuclear energy and the related challenges of nuclear fuel supply. In this third installment, we delve deeper into available financing options for nuclear projects in Canada including green bonds, certain recently established tax incentives and other select funding options that may be available through Canadian federal government institutions.

What Are Green Bonds?

Green financing involves financing projects that positively impact the environment. Green bonds are one category of financial instruments within the scope of green financing. Green bonds involve the issuer developing a voluntary framework that aligns with certain green principles that have been established, such as the Green Bond Principles developed by the International Capital Markets Association (ICMA). These principles define the use and management of proceeds, project selection and evaluation, as