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CALGARY, Alberta, Dec. 22, 2003 -- TransCanada Corp. announced that the management of Bruce Power has declared commercial production at Unit 4 of the Bruce A nuclear power station.
This unit was synchronized to the grid on October 7, 2003 and since November 1 has generated approximately 0.73 terawatt hours. Bruce Power will start recording revenue and expenses related to Unit 4 in the income statement effective November 1, 2003.
Bruce A Unit 3 is in the process of being reconnected to the grid and together with Unit 4 will have a capacity of 1,500 megawatts of electricity bringing Bruce Power's total capacity to 4,660 megawatts.
TransCanada has a 31.6 per cent interest in Bruce Power and a 33.3 per cent interest in Bruce Power Inc., the general partner of Bruce Power. Bruce Power leases and operates the Bruce nuclear power plants in Ontario.
TransCanada is a North American energy company focused on natural gas transmission and power services. Its network of approximately 38,000 km (24,000 miles) of pipeline transports the majority of Western Canada's natural gas production to the fastest growing markets in Canada and the United States. TransCanada owns, controls or is constructing nearly 4,700 megawatts of power. Visit www.transcanada.com for more information.
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