Atco and Coral announce Ontario energy deal

25 Jan 2002 – Brighton Beach Power, a partnership formed by Atco Power Ltd. and Ontario Power Generation (OPG), has signed an energy conversion agreement with Coral Energy Canada Inc. for the proposed Brighton Beach Power Station in Windsor, Ontario. Coral will deliver natural gas to the plant and will own, market and trade all the electricity produced.

Brighton Beach Power will construct a 580 MW combined cycle natural gas fired power plant in west Windsor. Coral expects to sell power from the plant into the Ontario electricity market, which is scheduled to open May 1, 2002.

The project will be built on the site of the former J.C. Keith Generating Station, providing ready access to existing electricity transmission lines. It will create approximately 500 direct jobs at the peak of construction and 25 to 30 full-time operating positions.

“The Brighton Beach Power Station is Coral’s first long-term commitment to generation capacity in Ontario. We have been active in the Ontario natural gas market for several years, and now with power from the Brighton Beach plant we are preparing to compete in the new electricity market,” said Debbie Wernet, President of Coral Energy.

“This project is a significant, cost-effective new supply of electricity generation for Ontario. The Ontario government’s commitment to open the electricity market on May 1 has created the opportunity for proven new participants to enter the Ontario electricity market,” said Gary Bauer, President of Atco Power.

The plant will consist of two state-of-the-art gas turbines coupled with electricity generators, a heat recovery system and a single steam turbine coupled with a third electricity generator. The waste heat from the gas turbines is captured in the heat recovery system and used to produce steam which runs a steam turbine connected to a generator.

The project is currently in the process of obtaining environmental approvals under the Ministry of Environment’s Environmental Assessment Process for electricity projects. Construction of the project is slated to begin early in 2002 and the plant is scheduled to be in-service in the spring of 2004.

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