February, 15, 2019, St. John’s, NL – Stan Marshall, President and Chief Executive Officer for Nalcor Energy announces changes to the company’s executive leadership team. “The changes being made today will allow us to continue to focus on the successful completion of the Muskrat Falls Project; to prepare the provincial electricity system for integration of… Read More
November 16, 2018, St. John’s, NL – Nalcor Energy reported its financial results for the third quarter of 2018. “Nalcor Energy’s financial results up to the end of the third quarter continue to be sound. Managing the company’s $18 billion in assets, while advancing the Muskrat Falls Project, is no small feat. It requires the… Read More
Nalcor Energy Churchill Falls advises the public that the controlled water release at the Churchill Falls Jacopie Spillway has ended. Safety is Nalcor’s number one priority. Nalcor advises the public to continue to avoid the areas around its generation facilities as water levels in these areas are unpredictable and will fluctuate. Please continue to avoid:… Read More
Nalcor Energy Churchill Falls advises the public of the continued controlled release of water from the upper Churchill reservoir at the Jacopie Spillway. This is to ensure safe water levels are maintained in the reservoir. The controlled release is expected to continue for approximately the first 7 to 10 days of November. Water levels along… Read More
Nalcor Energy Churchill Falls advises the public of a controlled water release to occur from the upper Churchill reservoir at the Jacopie Spillway commencing on October 18, 2018 and lasting approximately two weeks. This controlled release is to ensure we continue to maintain safe water levels in the reservoir. During the controlled release, water levels… Read More
Nalcor Energy releases second quarter financial results August 22, 2018, St. John’s, NL – Nalcor Energy today reported its financial results for the second quarter of 2018. “In the second quarter of 2018, we achieved a significant milestone – the first flow of electricity from the Churchill Falls Generating Plant over the Labrador-Island Link. This… Read More
April 19, 2018, St. John’s, NL – Nalcor Energy released its annual Business and Financial Report today, including the Annual Audited Consolidated Financial Statements for the year ended December 31, 2017. “Nalcor’s overall financial performance in 2017 reflects the hard work and dedication of our employees and their commitment to developing and managing Newfoundland and… Read More
Today marks a significant change to our island electricity grid and the way we deliver energy to our island electricity customers. Teams from Nalcor and Newfoundland and Labrador Hydro (Hydro), along with Emera and Nova Scotia Power, have worked hard to successfully bring energy over Emera’s new Maritime Link transmission line to the island. The… Read More
Nalcor Energy Exploration Strategy System (NESS) brings together multiple sources of information into one location June 27, 2017, St. John’s, NL – Nalcor Energy has launched the latest version of its Nalcor Energy Exploration Strategy System (NESS). This state-of-the-art, web-based application is the first of its kind in Newfoundland and Labrador and is available to… Read More
March 30, 2017, St. John’s, NL – Nalcor Energy released its annual Business and Financial Report today, including Annual Audited Consolidated Financial Statements for the year ended December 31, 2016. Nalcor recorded revenues of $824.1 million in 2016, an increase of approximately $13.6 million over the previous year. Operating profit for 2016 was $136.3 million,… Read More