W.S. (BILL) TONG                    

Mr. Tong has more than 25 years of experience in Ontario's electric power sector. He specializes in power procurement, sales, technical and financial evaluations of generation projects, risk analysis and rate setting.  While at Ontario Power Generation (OPG), Mr. Tong negotiated several multi-million dollar power sale agreements with large industrial power consumers. Mr. Tong spearheaded the development of the successful independent power generation industry in Ontario. The incentive-driven power purchase rates that Mr. Tong designed allowed independent power producers to finance generation projects on non-recourse basis. He successfully negotiated several large (in the range of 50 to 150 MW each), long-term power purchase contracts with non-utility generation developers. Mr. Tong also developed an Operating Leasing Program that allowed OPG's large industrial customers to finance their equipment purchases. Mr. Tong holds a B.Ap.Sc. (Mechanical Engineering) from the University of Toronto.