Tuesday, October 21, 2025
CIB loans $660M towards Saint John Mill modernization
The Canada Infrastructure Bank (CIB) has reached financial close on a $660 million loan to Irving Pulp & Paper to support the large-scale modernization of the company’s…
NB Power
CIB commits $217M to new transmission line linking Nova Scotia to New Brunswick
The Canada Infrastructure Bank (CIB) has closed $217 million in equity financing to enable a new transmission line linking Nova Scotia (NS) and New Brunswick (NB) which will improve the reliability…
Federal investment to support Indigenous-led wind projects in New Brunswick
The Government of Canada announced over $1 billion in additional investments to ensure that as New Brunswick’s electricity demands grow substantially over the coming years,…
Natural Resources Canada invests $1.6M in CanREA Electricity Transition Hub
The Canadian Renewable Energy Association (CanREA) announced the launch of the CanREA Electricity Transition Hub, supported by nearly $1.6 million in funding from Natural Resources…
New clean energy consortium established in New Brunswick
A new consortium of partners has joined together to seize the opportunities and benefits of clean energy development in Atlantic Canada. Collectively the new Atlantic…
Hydro-Québec, NB Power announce new agreements
The CEOs of Hydro-Québec and NB Power, Éric Martel and Gaëtan Thomas, have announced the signing of three partnership and development agreements. Under these agreements,…
NB Power purchases Bayside Generating Station
NB Power has bought the Bayside Generating Station at Saint John from Emera Energy Inc. for $46 million, including inventory. NB Power had been buying…
NB Power developing hydrogen power
New Brunswick Power is working with Joi Scientific on a hydrogen production system to enable the world’s first electricity grid that uses hydrogen as a…
Contract awarded for Fundy Isles Project
Prysmian Group has been awarded a new contract worth $21.8 million by New Brunswick Power Corporation (NB Power) for the Fundy Isles Project. The Fundy…
New partner joins N.B. nuclear cluster
The New Brunswick Energy Solutions Corporation has announced the participation of Advanced Reactor Concepts (ARC) in the nuclear research cluster that will work on research…
NB Power seeking coal alternative
NB Power plans to eliminate coal from its energy mix by 2030 by identifying a new, cleaner energy source to keep the Belledune Generating Station…