TransCanada to Build $1.2 Billion Power Plant in Southern Ontario

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    • Jan 2009
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    TransCanada to Build $1.2 Billion Power Plant in Southern Ontario

    CALGARY, ALBERTA -- (Marketwire) -- 09/30/09 -- The Ontario Power Authority (OPA) has advised TransCanada Corporation (TSX: TRP) (NYSE: TRP) (TransCanada) it has been awarded a 20-year Clean Energy Supply Contract to build, own and operate the 900 megawatt (MW) Oakville Generating Station (OGS) in Oakville, Ontario. TransCanada expects to invest approximately $1.2 billion in the natural gas fired combined cycle plant which is scheduled to start producing power by the end of 2013."We look forward to providing additional electricity supply and reliability within this key North American market," said Hal Kvisle, TransCanada's chief executive officer. "This facility strengthens

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