Nalcor Energy
Nalcor Energy was an energy corporation which headquartered in St. John's, Newfoundland and Labrador. A provincial Crown corporation under the Government of Newfoundland and Labrador, Nalcor Energy was created in 2007 to manage the province's energy resources. The company has distinct business lines comprising Newfoundland and Labrador Hydro, the Churchill Falls Generating Station, the Lower Churchill Project, energy marketing, oil and gas development, and The Bull Arm Fabrication Site.
| Company type | Crown Corporation |
|---|---|
| Industry | Energy |
| Founded | St. John's, Newfoundland and Labrador (2007) |
| Defunct | 2021 |
| Successor | Newfoundland and Labrador Hydro |
| Headquarters | St. John's, Newfoundland and Labrador, Canada |
Key people | Stan Marshall (President & CEO) Brendan Paddick (Chair of the Board) |
| Revenue | Can$1 Billion (2019) |
| Can$132 Million (2018) | |
| Total assets | Can$19.3 Billion (2018) |
| Owner | Government of Newfoundland and Labrador |
| Website | www |
On June 23, 2021, Premier Andrew Furey announced Nalcor Energy would be dismantled and folded into Newfoundland and Labrador Hydro.
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