$337 million

2012 Rank: 81

2011 Rank: 75

Sector: Natural Gas

Location: King Township, Ontario

Owner: Pristine Power, Harbert York Canada Company

Key Players:

Engineer: Gryphon International Engineering Services (collaborating engineer); POWER Engineers;

Contractor: Lill & DiFazio Constructors

Supplier: Siemens (gas turbine generators, supporting gas turbine auxiliaries)

Other: Dillon Consulting (permitting manager, EA)

Funding: Private

Financing: A syndicate of financial institutions, led by Union Bank, ING Capital LLC and Royal Bank of Canada and including Bank of Nova Scotia, Siemens Financial, National Bank of Canada, Canadian Western Bank and Allied Irish Banks, PLC, will provide construction and term non-recourse debt financing of $270.2 million, as well as a $60-million letter of credit facility and a $3-million operating working capital facility.

Description:

This gas-fired peaking generation facility has a 20-year peaking generation contract with the OPA. It has a nameplate capacity of 456 MW and a contracted capacity of 393 MW with OPA. The turbine selected for this project requires no water and uses air to cool the system. The power plant is a peaker, not a full-time producer of electricity. This means that the plant will operate only 10 per cent of the year. Currently, the residents of the area are served by one transmission line from the Claireville Transformer Station in Vaughan. As of June 2011 construction is underway. The exhaust stacks have been installed, along with underground drainage and the fire water main. The structural steel for the control and warehouse buildings has been completed and cladding is being stalled. Both the turbine and generator are in place with the enclosures and auxiliaries are almost complete.