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 to release third quarter 2021 financial results and hold analyst conference call on October 27
Capital Power will release its third quarter 2021 results before the markets open on October 27, 2021. Management will host a conference call with analysts on the same day at 9:00 a.m. MDT (11:00 a...
Capital Power announces long-term renewable power purchase agreement with Dow
Agreement for Whitla Wind capacity demonstrates how cross-industry collaboration contributes to a sustainable future
Capital Power announced today a 15-year renewable power purchase agreement with Dow Chemical Canada ULC, a subsidiary of Dow (NYSE: DOW), for 25 megawatts (MW) of capacity and the associated enviro...
Capital Power announces a 6.8% dividend increase for its common shares and declares dividends for its Preference shares
The Board of Directors for Capital Power declared a dividend of $0.5475 per share on the outstanding common shares for the quarter ending September 30, 2021. The dividend is payable on October 29, ...