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NB Power review recommends debt reduction, corporatization
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Tag: point lepreau

 NB Power review recommends debt reduction, corporatization
Nathalie SturgeonNathalie Sturgeon March 30, 2026
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NB Power review recommends debt reduction, corporatization

A formal report from a three-person panel on the review of NB Power says its largest power generator, Point Lepreau, should be separated from the Crown corporation, as well as forgiving a large part of the utility’s growing debt.   Michael Bernstein, Duncan Hawthorne and Anne Bertrand have been working to provide recommendations to the government […]

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 Troubled nuclear plant’s costs will continue to balloon: critic
Nathalie SturgeonNathalie Sturgeon January 12, 2025
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Troubled nuclear plant’s costs will continue to balloon: critic

By John Chilibeck, The Daily Gleaner, Local Journalism Initiative Reporter Last year’s costly, prolonged shutdown at the Point Lepreau Nuclear Generating Station in New Brunswick is just a piece of debilitatingly expensive repairs to come, warns an industry critic. The outage that lasted between April 6 and Dec. 11 could end up costing New Brunswick […]

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 Point Lepreau could be offline for several more weeks: NB Power
Nathalie SturgeonNathalie Sturgeon November 1, 2024
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Point Lepreau could be offline for several more weeks: NB Power

NB Power says the Point Lepreau Nuclear Generating station could be offline for several weeks. Nearly seven months ago, the province’s major utility took the facility offline for a 100-day planned maintenance outage. However, in a release, the company said during the start-up protocol, “a critical issue was identified with the main generator which is […]

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