Lakeview^^s win is another^^s loss
The province^^s decision not to build a new power plant on a Lakeview site, an industrial area for more than a century, leaves a big question unanswered: Just where will a new generator go?
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Financial update from N.L energy corp. reflects pandemic's impact
ST. JOHNS - Newfoundland and Labrador's Crown energy corporation reported a pandemic-related profit loss from the first quarter of 2020 on Tuesday, along with further complications to the beleaguered Muskrat Falls hydroelectric project.
Nalcor Energy recorded a profit loss of $171 million in the first quarter of 2020, down from a $92 million profit in the same period last year, due in part to falling oil prices during the COVID-19 pandemic.
The company released its financial statements for 2019 and the first quarter of 2020 on Tuesday, and officials discussed the numbers in a livestreamed presentation that detailed the impact of the…
