Labrador Island Link Commissioned

Over the past two weeks, our team has put the Labrador Island Link through its final paces and the system performed as it was expected in each and every test, and on Saturday, April 8, it passed the final high-power test. This was a necessary step to proceed to project commissioning in accordance with both the project financing and revenue agreements.

The Newfoundland and Labrador System Operator, acting independently concluded its review, accepted that the Labrador Island Link assets have demonstrated acceptable performance to enable commissioning, and is satisfied that the assets will support reliable system operation. The Independent Engineer has also concluded its formal review process to confirm that the technical specifications required to achieve commissioning have been met and are compliant with project financing requirements. This was a necessary part of the final commissioning process with our project partners, including the Federal Government.

The project financing parties have acknowledged that commissioning occurred on April 14, 2023 through the issuance of a Commissioning Confirmation Certificate. Together with the previously commissioned assets, the Muskrat Falls Generating Station and the Labrador Transmission Assets, commissioning of the Labrador Island Link also marks the successful commissioning of the Lower Churchill Project.

We are now reviewing project costs and continue to work with the Provincial Government to finalize rate mitigation implementation. We will provide a further update in the coming months.