TransCanada Welcomes Return of Bruce Power's Unit 2 to Commercial
CALGARY, ALBERTA -- (Marketwire) -- 11/02/12 -- TransCanada
Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today welcomed the
return of Bruce Power's Unit 2 to commercial operations. This
milestone represents the end of the refurbishment program and the
completion of one of the largest infrastructure projects in Canada.
Unit 1 achieved its commercial operations date on October 22, 2012.
"One-third of the power facilities that TransCanada owns or has an
interest in generate emissions-free electricity, and Bruce Power is a
significant part of this total," said Russ Girling, TransCanada's
president and chief executive officer. "With the completion of this
extensive refurbishment program, the eight operating units at Bruce
Power will be capable of producing more than 6,200 megawatts of clean
and reliable electricity into Ontario's power grid."
Bruce Power consists of two generating stations (Bruce A & B) with
each station housing four nuclear reactors. TransCanada owns 49 per
cent of Bruce A and 32 per cent of Bruce B.
With more than 60 years' experience, TransCanada is a leader in the
responsible development and reliable operation of North American
energy infrastructure including natural gas and oil pipelines, power
generation and gas storage facilities. TransCanada operates a network
of natural gas pipelines that extends more than 68,500 kilometres
(42,500 miles), tapping into virtually all major gas supply basins in
North America. TransCanada is one of the continent's largest
providers of gas storage and related services with approximately 380
billion cubic feet of storage capacity. A growing independent power
producer, TransCanada owns or has interests in over 10,900 megawatts
of power generation in Canada and the United States. TransCanada is
developing one of North America's largest oil delivery systems.
TransCanada's common shares trade on the Toronto and New York stock
exchanges under the symbol TRP. For more information visit:
http://www.transcanada.com/ or check us out on Twitter @TransCanada.
Shawn Howard/Grady Semmens
403.920.7859 or 800.608.7859
Investor & Analyst Enquiries:
David Moneta/Terry Hook/Lee Evans
403.920.7911 or 800.361.6522
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