Nalcor Energy
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Federal government offers debt relief for N.L.’s troubled Muskrat Falls projectThe project was sanctioned in 2012 at a cost of $7.4 billion, but the price tag had ballooned to $13.1 billion as of SeptemberPoliticsDec 17, 2020
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N.L. Tory leader wants missed methylmercury work at Muskrat Falls investigatedNewfoundland and Labrador's opposition leader wants the province's auditor general to investigate the government's failure to carry out environmental work around the Muskrat Falls reservoir.EnvironmentAug 21, 2019
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As megaproject nears completion, methylmercury concerns at Muskrat Falls lingerThe Newfoundland and Labrador government's slow response to concerns over methylmercury is the latest in a string of disappointments for those who have been calling for action on the issue for years.EnvironmentJul 30, 2019
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Agency downgrades Newfoundland and Labrador’s credit rating, cites Muskrat FallsOn Thursday, Moody's Investors Service downgraded the province's long-term senior unsecured debt ratings to A1 from AA3. It also changed the outlook to stable from negative.PoliticsJul 25, 2019
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Audit finds Muskrat Falls cost overruns became obvious soon after megaproject got underwayThe forensic audit into Muskrat Falls' construction was presented to the inquiry into cost overruns Monday by accounting firm Grant Thornton.CanadaFeb 18, 2019
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I didn’t question Muskrat Falls cost estimates, former premier tells inquiryThe first phase of the hearing is set to wind down this week with former premier Kathy Dunderdale expected to take the stand.CanadaDec 17, 2018
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Nalcor potentially overstated value of Muskrat Falls project: auditAn audit found Newfoundland's Nalcor Energy may have overstated the potential value of its Muskrat Falls hydro megaproject and prematurely dismissed alternative electricity options for the province.CanadaSep 21, 2018
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Inquiry into $12.7 billion Muskrat Falls ‘boondoggle’ set to begin in LabradorA public inquiry begins Monday on how the cost of the Muskrat Falls project has already doubled to more than $12.7-billion - with the bill handed to a province of just 530,000 people.CanadaSep 16, 2018
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N.L. orders report on potential Nalcor cuts as Muskrat Falls payday approachesThe board is being asked to assess the electricity-related activities of Nalcor Energy, the Crown corporation overseeing the project, which is now more than $6 billion over budget.EnvironmentSep 5, 2018
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Power link between Labrador and Newfoundland to be ‘energized’ for first timeThe Muskrat Falls hydro generation facility in Labrador is 90 per cent complete.CanadaJun 27, 2018
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