The nominal 456 MW York Energy Centre is located northwest of Newmarket, Ontario in the Township of King. Capital Power acquired its share in the York Energy Centre from Veresen Inc. in April 2017. The facility is jointly owned in a 50/50 partnership and is operated by Capital Power. York Energy Centre is fully contracted with the Ontario Independent Electricity System Operator until 2032.
*456 MW facility joined owned.
- Largest quick-response natural gas-fired plant in Ontario
At Capital Power, we contribute to the communities in which we operate with the aim of building a sustainable future for all. We engage our neighbours, consider their interests and build real relationships. We aim to source supplies and services locally for our operations, as well as hire from the community.
At York Energy Centre:
- We employ nine permanent employees.
- We pay approximately $71,000 in property tax each year, contributing annually to community tax bases, supporting the improvement of infrastructure, roadways, and community services.
We give back where we live and work by supporting local organizations and our employees’ community participation through our corporate giving programs.
Recent community support includes:
- Inn From the Cold Inc
- Nobleton Victoria Day Fair
- Schomberg Agricultural Spring Fair
- Carrot Fest
- King Township Food Bank
- Arts Society King
- Schomberg Village Association’s “A Main Street Christmas
- Doane House Hospice
- Holland Marsh Soupfest
York Energy Centre provides essential backup generation support to the Ontario grid that not only enables a reliable supply of electricity but also provides flexibility in support of intermittent renewable sources of generation.
Capital Power provides update on United States power operations relating to recent extreme weather event
Capital Power provided the following update for its operations following the recent extreme weather event through the central United States.
Capital Power announces approval of normal course issuer bid for purchase of up to 10.6 million of its common shares
The Toronto Stock Exchange (TSX) has approved Capital Power (TSX: CPX) normal course issuer bid ("NCIB") to purchase and cancel up to 10,661,112 of its outstanding common shares during the one-year...
Capital Power named one of the 2021 World’s Most Ethical Companies® by Ethisphere
Capital Power has been recognized by the Ethisphere Institute as one of the 2021 World’s Most Ethical Companies®. Honoured for a third straight year, Capital Power is one of only four Canadian comp...