Nalcor Energy was an energy corporation headquartered in St. John's,

Newfoundland and Labrador Newfoundland and Labrador is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region of Labrador, having a total size of . As of 2025 the populatio ...

. A provincial

Crown corporation Crown corporation () is the term used in Canada for organizations that are structured like private companies, but are directly and wholly owned by the government. Crown corporations have a long-standing presence in the country, and have a sign ...

under the

Government of Newfoundland and Labrador The Government of Newfoundland and Labrador is the provincial government of the province of Newfoundland and Labrador. It was established by the Newfoundland Act and its powers and structure are set out in the Constitution Act, 1867. Role of ...

, Nalcor Energy was created in 2007 to manage the province's energy resources. The company had distinct business lines comprising

Newfoundland and Labrador Hydro Newfoundland and Labrador Hydro (NL Hydro), commonly known as Hydro, is a provincial Crown corporation that manages the generation, transmission and distribution of electricity in Newfoundland and Labrador, as well as portions of Quebec and the ...

, the

Churchill Falls (Labrador) Corporation Churchill Falls (Labrador) Corporation Limited, also known as CF(L)Co or CFLco is a Canadian electric company. The company was founded in 1961 and is based in St. John's, Newfoundland and Labrador. Churchill Falls (Labrador) Corporation Limited o ...

, the

Lower Churchill Project The Muskrat Falls Generating Station is a hydroelectric generating station on the Churchill River (Atlantic), Churchill River in Newfoundland and Labrador, Canada. It is located downstream of the Churchill Falls Generating Station. The station at ...

, energy marketing, oil and gas development, and The Bull Arm Fabrication Site. On June 23, 2021, Premier

Andrew Furey Andrew John Furey (born July 2, 1975) is a Canadian politician and surgeon who was the 14th premier of Newfoundland and Labrador, from 2020 to 2025. A member of the Liberal Party of Newfoundland and Labrador, Newfoundland and Labrador Liberal ...

announced Nalcor Energy would be dismantled and folded into NL Hydro, previously a subsidiary of Nalcor.

Operations

Hydro

, commonly shortened to "Hydro", was originally a subsidiary of Nalcor, generating and delivering electricity for

, as well as parts of

Quebec Quebec is Canada's List of Canadian provinces and territories by area, largest province by area. Located in Central Canada, the province shares borders with the provinces of Ontario to the west, Newfoundland and Labrador to the northeast, ...

and the north-eastern

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. It also delivers voice and data

telecommunications Telecommunication, often used in its plural form or abbreviated as telecom, is the transmission of information over a distance using electronic means, typically through cables, radio waves, or other communication technologies. These means of ...

services to customers in some areas. Hydro itself is the parent company of the Hydro Group of Companies, which comprises: *

Churchill Falls Labrador Corporation Limited Churchill Falls (Labrador) Corporation Limited, also known as CF(L)Co or CFLco is a Canadian electric company. The company was founded in 1961 and is based in St. John's, Newfoundland and Labrador. Churchill Falls (Labrador) Corporation Limited o ...

(CFLCo) * Lower Churchill Development Corporation Limited (LCDC) * Gull Island Power Company Limited (GIPCo) * Twin Falls Power Corporation Limited (TwinCo)

Churchill Falls Generating Station

Churchill Falls Generating Station The Churchill Falls Generating Station is a hydroelectric underground power station in Labrador. At 5,428 MW, it is the sixteenth largest in the world, and the second-largest in Canada, after the Robert-Bourassa generating station in northw ...

is one of the largest underground powerhouses in the world. The plant has 11 turbines with a rated capacity of 5,428 megawatts. Nalcor controlled a 65.8% share of the

, the owner of the Churchill Falls station while Quebec's

government-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

utility In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a normative context, utility refers to a goal or objective that we wish ...

Hydro-Québec Hydro-Québec () is a Canadian Crown corporations of Canada#Quebec, Crown corporation public utility headquartered in Montreal, Quebec. It manages the electricity generation, generation, electric power transmission, transmission and electricity ...

, owns the remaining shares.

Lower Churchill Project

The Lower Churchill Project is a planned project to develop the remaining 35% of the Churchill River, that has not already been developed by the Upper Churchill Falls Generating Station. The Lower Churchill's two installations at Gull Island and Muskrat Falls will have a combined capacity of over 3,000 MW.

Oil and Gas

Nalcor Energy's Oil and Gas division held and managed oil and gas interests in the

onshore and offshore oil developments. The company is currently a partner in three offshore developments - the Hebron oil field, the White Rose Growth Project and the Hibernia Southern Extension. A $20 million onshore drilling exploration program in Parsons Pond in western

Newfoundland Newfoundland and Labrador is the easternmost province of Canada, in the country's Atlantic region. The province comprises the island of Newfoundland and the continental region of Labrador, having a total size of . As of 2025 the population ...

is also being operated by Nalcor - Oil and Gas.

Bull Arm Fabrication

The Bull Arm Fabrication site was developed in the early 1990s and is

Atlantic Canada Atlantic Canada, also called the Atlantic provinces (), is the list of regions of Canada, region of Eastern Canada comprising four provinces: New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. As of 2021, the landma ...

's largest industrial fabrication site. The site is located 150 kilometres west of

St. John's, Newfoundland and Labrador St. John's is the capital and largest city of the Canadian province of Newfoundland and Labrador. It is located on the eastern tip of the Avalon Peninsula on the island of Newfoundland. The city spans and is the easternmost city in North Ame ...

. The Hibernia oil field's

gravity base structure A gravity-based structure (GBS) is a support structure held in place by gravity, most notably offshore oil platform, oil platforms. These structures are often constructed in fjords due to their protected area and sufficient depth. Offshore oil ...

was constructed at the site, as well work on the two Floating Production Storage and Offloading (FPSO) vessel's for the

Terra Nova oil field Jeanne d'Arc Basin, Terra Nova is an oil field development project based off the coast of Newfoundland (island), Newfoundland, discovered in 1984 by Petro-Canada. Terra Nova is the first harsh environment development in North America to use a Fl ...

and the

White Rose oil field White Rose is an oil field development project off the coast of Newfoundland. Husky Energy is the operator and 72.5 per cent interest holder in the White Rose oil fields. Discovered in 1984, the White Rose offshore oil field is located in the ...

were done here.

References

External links

* {{Authority control Newfoundland and Labrador Hydro Crown corporations of Newfoundland and Labrador Defunct energy companies of Canada Defunct oil and gas companies of Canada Companies based in St. John's, Newfoundland and Labrador Government-owned energy companies of Canada 2007 establishments in Newfoundland and Labrador 2021 disestablishments in Newfoundland and Labrador Canadian companies established in 2007 Energy companies established in 2007 Canadian companies disestablished in 2021 Energy companies disestablished in 2021 Former Crown corporations of Canada