“The Memorandum of Understanding provides for substantial amounts of additional power for Newfoundland and Labrador that should lead to business growth and additional infrastructure development.”

Charlene Johnson

CEO, Energy NL

“We are encouraged that the new MOU addresses key business parameters like risk and cost escalators. We look forward to these objectives being realized in definitive agreements to protect benefits for Newfoundlanders and Labradorians for decades to come.”

Fortis Inc.

“The additional energy in Labrador is essential for advancing and expanding mining projects, fostering a robust critical mineral supply chain. Our members are eager to leverage this opportunity to enhance infrastructure and transmission capacity, facilitating the growth of industrial mining projects.”

Amanda McCallum

Executive Director, Mining Industry NL