Nalcor assumed ownership of the 18.7 MW Menihek Generating Station from the Iron Ore Company of Canada in 2007. The company has entered into a 40-year power purchase agreement with Hydro-Quebec to supply electricity from this facility to Hydro-Quebec for its customers in the Schefferville region.
The power generated from the Menihek Generating Station is the only source of electricity for this isolated area. The continued operation of the plant will supply Hydro-Quebec’s customers in three northern Quebec communities with a safe, reliable and economical source of electricity.
Nalcor Energy currently has a contract in place with Kawawachikamach Energy Services Inc. (KESI) to operate and maintain the Menihek assets. In 2011, The Menihek operation achieved electricity sales of 41.58 gigawatt hours (GWh), exceeding sales guaranteed under contract.