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N.B. Power executives dominate list of 2022's highest-paid government employees - Vimarsana News

N.B. Power executives dominate list of 2022's highest-paid government employees

Employees at N.B. Power took six of the top 10 spots among the highest-paid civil servants in 2022, according to a recently released list from the Government of New Brunswick.

Source: cbc.ca
NB Power CEO on solving its $4.9B debt problem - Vimarsana News

NB Power CEO on solving its $4.9B debt problem

The newly-appointed president and CEO of NB Power says the “last thing” the utility wants to do is put its enormous debt on the backs of ratepayers -- as it seeks a rate increase.

Lori Clark officially appointed president of NB Power - Vimarsana News

Lori Clark officially appointed president of NB Power

Lori Clark will lead NB Power on a permanent basis, the utility's board of directors announced on Monday. Clar...

Province's rate-meddling partly to blame for utility troubles, N.B. Power CEO suggests - Vimarsana News

Province's rate-meddling partly to blame for utility troubles, N.B. Power CEO suggests

Years of inadequate rate increases at N.B. Power, many imposed on the utility by interfering provincial governments, has been a key contributor to its current financial problems, two senior executives told a committee of MLAs on Thursday.

Source: cbc.ca
Premature failure of used generating station forces N.B. Power into expensive overhaul - Vimarsana News

Premature failure of used generating station forces N.B. Power into expensive overhaul

A used natural gas generating station in Saint John that N.B. Power bought in 2019 for $46 million to use for at least seven years suffered a catastrophic failure in January and remains offline undergoing extensive repairs.

Source: cbc.ca