NB Power Group

holdingcorporationblackThe NB Power Group provides New Brunswickers electricity at the lowest possible cost, consistent with safety, reliability and the environment.

The Group owns and operates one of North America's most diverse generating systems consisting of 16 facilities hydro, nuclear, coal, oil and diesel-powered stations. It delivers electricity via power lines, substations and terminals to more than 375,000 direct and indirect customers within New Brunswick. In addition, the Group exports electricity to New England, Quebec, Nova Scotia and Prince Edward Island.

The NB Power Group consists of a holding company and four operating companies

  1. New Brunswick Power Holding Corporation (Holdco), which provides strategic direction, governance and support to the subsidiaries for communications, finance, human resources, legal and governance. It also provides shared services on a cost-recovery basis.
  2. New Brunswick Power Generation Corporation (Genco), which is responsible for the operation and maintenance of the oil, hydro, coal and diesel-powered generating station.
  3. New Brunswick Power Nuclear Corporation (Nuclearco), which is responsible for the operation of Point Lepreau Generating Statio.
  4. New Brunswick Power Transmission Corporation (Transco), which is responsible for operating and maintaining the transmission system.
  5. New Brunswick Power Distribution and Customer Service Corporation (Disco), which is responsible for operating and maintaining the distribution system. Disco is designated as the standard service supplier for the Province of New Brunswick and is obligated to provide standard services to residential, commercial, wholesale and industrial customers located throughout the province.

Genco wholly owns two subsidiaries:

  1. New Brunswick Power Coleson Cove Corporation (Colesonco), which owns and operates Coleson Cove Generating Station, with a generating capacity of 978 MW included in Genco's total capacity.
  2. NB Coal Limited (NB Coal), which mines local coal to supply Grand Lake Generating Station.
 
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