 The world-famous steam clock in Gastown is a notable addition to the more than 180 buildings that are served by the natural gas powered boiler located in the Stadium/Entertainment district of downtown.The company was founded on November 1, 1968, by group of engineers with a desire to lower heating bills for buildings (no boilers to buy and maintain) and to reduce the amount of pollution being created to provide heat downtown.In 2014, the company was bought by developer Ian Gillespie for $32 million.