Power
Ontario's 880-Megawatt Goreway Generating Station Completed after Decade of Development
The $942 million Goreway Station Partnership's gas-fired Goreway Generating Station project in Brampton, Peel County, Ontario, commenced development at...
Released Wednesday, June 24, 2009
Researched by Industrial Info Resources (Sugar Land, Texas)--The $942 million Goreway Generating Station project in Brampton, Ontario, commenced development at the end of the twentieth century. Originally developed as a merchant plant, after changes in economic conditions, the owners, Goreway Station Partnership, decided to build only if they had a power purchase agreement in place to ensure a return on investment. The power purchase agreement obtained is for 20 years with the Ontario Power Authority (Toronto). Goreway Station Partnership (Brampton) and operator Sithe Global Canadian Power Services Limited (Brampton) are both affiliates of Sithe Global Power LLC (New York, New York) an 80:20 partnership of The Blackstone Group LP (NYSE:BX) and Reservoir Capital Group, both of New York, New York.
View Plant Profile - 1045320
View Project Report - 53001263
Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news.
/news/article.jsp
false
Want More IIR News Intelligence?
Make us a Preferred Source on Google to see more of us when you search.
Add Us On GoogleAsk Us
Have a question for our staff?
Submit a question and one of our experts will be happy to assist you.
Forecasts & Analytical Solutions
Where global project and asset data meets advanced analytics for smarter market sizing and forecasting.
Learn MoreRelated Articles
Industrial Project Opportunity Database and Project Leads
Get access to verified capital and maintenance project leads to power your growth.
Learn MoreIndustry Intel
-
2026 North American Labor OutlookPodcast Episode / Apr 24, 2026
-
2026 European Metals & Minerals Project Spending OutlookPodcast Episode / Apr 7, 2026
-
The Age of Critical Minerals in the AmericasPodcast Episode / Mar 20, 2026
-
2026 Regional Chemical Processing OutlookPodcast Episode / Mar 6, 2026
-
From Data to Decisions: How IIR Energy Helps Navigate Market VolatilityPodcast Episode / Nov 21, 2025