N.L. Extends Power Purchase Agreement with Corner Brook Mill Until 2027
Newfoundland and Labrador continues its commitment to supporting local industry and sustainable energy practices through an extended power purchase agreement with Corner Brook Pulp and Paper and Hydro. The contract, which remains in effect until June 2027, ensures stable energy supply and cost efficiency for the mill, a cornerstone of the region’s economy.
This extension underscores the province’s strategy to balance industrial needs with environmental stewardship, leveraging Hydro’s renewable energy sources to power the mill. The agreement not only secures jobs and economic activity in Corner Brook but also reinforces N.L.’s position as a leader in clean energy innovation.