also has facilities under construction with a net ownership interest of 456 MW, of an aggregate generating capacity of 681 MW. It focuses on generating electricity in Canada, the United States and Australia through its diversified portfolio of facilities fuelled by coal, gas, hydroelectric, wind and geothermal resources. The company, in Canada, holds a net ownership interest of 5,661 MW of electrical generating capacity in thermal, gas-fired, wind-powered and hydroelectric facilities, including 4,937 MW in Western Canada, 628 MW in Ontario and 96 MW in New Brunswick. In the United States, the company's principal facilities include a 1,376 MW thermal facility and a 248 MW gas-fired facility, both located in Centralia, Washington, which supply electricity to the Pacific northwest. The company also holds a 50 per cent interest in CE Generation, LLC (CE Generation), through which it has an aggregate net ownership interest of approximately 385 MW of generating capacity in geothermal facilities in California and gas-fired facilities in Texas, Arizona and New York. In addition, the company also has 6 MW of electrical generating capacity through hydroelectric facilities located in Washington and Hawaii. In Australia, the company has 300 MW of net electrical generating capacity from gas-fired generation facilities. Segments The company is organized into two segments: Generation and Commercial Operations and Development. The Generation group is responsible for constructing, operating and maintaining electricity generation facilities. The Commercial Operations and Development group is responsible for managing the sale of production, purchasing natural gas, transmission capacity and market risks associated with the company's generation assets and for non asset backed trading activities. Significant Events On October 14, 2009, Capital Power Corporation is partnering with TransAlta Corp. and Alstom Canada Inc. to develop what would be one of the Carbon Capture and Storage (CCS) projects, Project Pioneer (Pioneer). Competition The company's main competitor is Ontario Power Generation Inc. History TransAlta Corporation was founded in 1911.