MUST-OFFER CONDITION AGREEMENTMust-Offer Condition Agreement • July 29th, 2020 • Ontario
WHERE: By Decision and Order (EB-2019-0258 / EB-2020-0110) dated April 9, 2020 (the “OEB Decision”), the OEB amended the electricity generation licences of Portlands Energy Centre Inc., on behalf of Portlands Energy Centre L.P. (EG-2004-0540), and of its affiliate Ontario Power Generation Inc. (EG-2003-0104) (each, an “OEB Licence”), by imposing two conditions on each of the licensees to address concerns about market power, including a Must-Offer Condition, such condition to be governed by the terms of an agreement between the IESO and each licensee;
