Manitoba Hydro
The Manitoba Hydro-Electric Board (French: La Régie de l’hydro-électricité du Manitoba), operating as Manitoba Hydro, is the electric power and natural gas utility in the province of Manitoba, Canada. Founded in 1961, it is a provincial Crown Corporation, governed by the Manitoba Hydro-Electric Board and the Manitoba Hydro Act. Today the company operates 16 interconnected generating stations. It has more than 527,000 electric power customers and more than 263,000 natural gas customers. Since most of the electrical energy is provided by hydroelectric power, the utility has low electricity rates. Stations in Northern Manitoba are connected by a HVDC system, the Nelson River Bipole, to customers in the south. The internal staff are members of the Canadian Union of Public Employees Local 998 while the outside workers are members of the International Brotherhood of Electrical Workers Local 2034.
| Manitoba Hydro | |
| Company type | Crown Corporation |
| Industry | Electricity generation, transmission and distribution Natural gas distribution |
| Founded | 1961 |
| Headquarters | , |
Area served | Manitoba |
Key people | Jay Grewal, President & CEO |
| Products | Electricity, Natural gas |
| Revenue | $C 3.065 billion (FY 2023) |
| $C 590 million (FY 2023) | |
| Total assets | $C 31.410 billion (FY 2023) |
| Total equity | $C 3.689 billion (FY 2023) |
| Owner | Province of Manitoba |
Number of employees | 5,143 (FY 2023) |
| Website | www |
Manitoba Hydro headquarters in the downtown Winnipeg Manitoba Hydro Place officially opened in 2009.