Provincial Government Signs Letter of Intent with Kruger Inc. to Extend Power Purchase Agreement

Hydro-Québec fought to hide parts of 1960s letters about efforts to lure Péchiney to build a smelter in Sept-Îles, including internal notes linking energy deals to the Churchill Falls contract. A Quebec access-to-information ruling forced release of the documents, which raise questions about past discussions of Churchill Falls with industry as the…

The Newfoundland and Labrador government and Newfoundland and Labrador Hydro have extended the power purchase agreement with Corner Brook Pulp and Paper through June 2027, per a letter of intent. The extension, lasting an additional 12 months, provides stability while Kruger’s diversification plans are assessed, and the mill will operate with one paper…

The Newfoundland and Labrador government signed a letter of intent with Kruger Inc. to extend the interim power purchase agreement between Newfoundland and Labrador Hydro and Corner Brook Pulp and Paper Ltd. for 12 months (July 1, 2026 to June 30, 2027) and to discuss a long-term agreement for stability and potential growth. The LOI also covers…

The Government of Newfoundland and Labrador issued a non-binding letter of intent to work toward extending the Corner Brook Pulp and Paper Limited mill’s power purchase agreement with NL Hydro for 12 months to provide stability while the diversification project is assessed. The release states the province’s willingness to collaborate with Kruger to…

The province has signed a letter of intent to extend the power purchase agreement with Corner Brook Pulp and Paper. The extension will continue while the company implements its diversification plan.

The Government of Newfoundland and Labrador issued a non-binding letter of intent indicating its willingness to work toward extending the Corner Brook Mill’s power purchase agreement with NL Hydro by twelve months to support ongoing assessment of Kruger Inc.’s proposed $700 million diversification project at Corner Brook Pulp and Paper Limited. Kruger…