News

The Act Respecting the Amalgamation of Newfoundland and Labrador Hydro-Electric Corporation and Nalcor Energy (Hydro Corporation Act, 2024) received Royal Assent on December 4, 2024. The act came into effect January 1, 2025. The legislation completes the legal merger of Nalcor Energy into Newfoundland and Labrador Hydro with the new act replacing both the former…

Today Newfoundland and Labrador signed an historic Memorandum of Understanding (MOU) with Québec to terminate and replace the 1969 Upper Churchill Contract, develop Gull Island and expand capacity of the Churchill Falls plant. The deal will result in more than $225 Billion in total revenue to the provincial treasury over the life of the agreements.…

The Honourable Dr. Andrew Furey, Premier of Newfoundland and Labrador, and Mr. François Legault, Premier of Québec, will make a significant announcement tomorrow (Thursday, December 12). Media are invited to a technical briefing at 11:30 at The Rooms, 9 Bonaventure Ave, St. John’s. Participants can choose an English or French session. Please note, similar to…

Newfoundland and Labrador Hydro (Hydro) released its financial results for the third quarter of 2024 today. Key highlights Links: The Quarterly Financial Report can be found here: https://nlhydro.com/2024-third-quarter-financial-results/ Media Contact: Jill PitcherTeam Lead, Public Affairsc. 709-689-9938 e. nlhydromedia@nlh.nl.ca

The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, today outlined a new proposed Newfoundland and Labrador Hydro Act for second reading in the House of Assembly to complete the legal merger of Nalcor Energy into Newfoundland and Labrador Hydro. “The proposed act now reflects the way we have been operating for the…

November 12, 2024 Media are invited to learn more about Newfoundland and Labrador Hydro’s plan to study the Labrador West Transmission System. The event takes place tomorrow (Wednesday, November 13) at the Labrador West Arts and Culture Centre, 300 Hudson Drive, Labrador City, starting at 1:30 p.m. Hydro’s Vice President Operations Scott Crosbie will join…

Newfoundland and Labrador Hydro (Hydro) released its financial results for the second quarter of 2024 today. Key highlights Links: The Quarterly Financial Report can be found here: https://nlhydro.com/2024-second-quarter-financial-results/ Media Contact: Jill PitcherTeam Lead, Public Affairsc. 709-689-9938 e. nlhydromedia@nlh.nl.ca

It’s a time of transition for our electricity system, and it’s our responsibility to guide our province forward. Every utility across Canada is planning for what’s needed. Hydro too, has put great thought and analysis into how we will continue to reliably serve customers for the next decade, and beyond. Tuesday, we filed our 2024…