Nalcor
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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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Coronavirus-related delays help push up costs of Muskrat Falls project by $435MProvince-owned Nalcor Energy said Monday in a news release the project needs another $75 million in capital due to pandemic-related delays.PoliticsSep 28, 2020
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Financial update from N.L energy corporation reflects impact of coronavirus pandemicNalcor Energy recorded a profit loss of $171 million in the first quarter of 2020 due in part to falling oil prices during the COVID-19 pandemic.PoliticsJun 30, 2020
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Legal path forward unclear after Muskrat Falls inquiry report releasedThe final report on the Muskrat Falls inquiry faults a number of people for pushing through the over-budget megaproject that has cost Newfoundland and Labrador billions of dollars.PoliticsMar 11, 2020
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Muskrat Falls report slams executives, politicians for failing N.L. residentsA scathing report concluded the government failed its duty to residents by predetermining that the megaproject would proceed no matter what.CanadaMar 10, 2020
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N.L. premier to testify before Muskrat Falls inquiryThe premier will take the stand over cost and scheduling overruns that have plagued the controversial hydro dam on Labrador's lower Churchill River.CanadaJul 4, 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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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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Nova Scotia to pay next to nothing for Muskrat Falls energy: Nalcor CEOThe CEO of Nalcor Energy says Nova Scotia's Emera Inc. will be getting electricity for "next to nothing" when the Muskrat Falls hydroelectric project in Labrador starts producing electricity - unless the deal is changed.PoliticsNov 2, 2016
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