Newfoundland and Labrador Hydro

Corporate Finance:Utilities & Independent Power

Summary

Newfoundland and Labrador Hydro, a Crown corporation of the province of Newfoundland and Labrador, generates and transmits electricity in Newfoundland and Labrador. It sells approximately 50% of its available supply to an investor-owned electricity distributor, Newfoundland Power Inc., and distributes the remainder to the province’s larger industrial companies and its own distribution customers across the province. It also exports unused recall power in Labrador to Hydro-Québec.