The future look of NB Power will become much clearer today but, it appears the secret it out. Premier Shawn Graham, Quebec Premier Jean Charest, CEO of NB Power David Hay and the CEO of Quebec Hydro will all take the podium. This is for a news conference being referred to as an energy related announcement.
Reports say Hydro-Quebec will buy a majority stake in NB Power worth just under 5 billion dollars. Hydro-Quebec would assume almost all assets of N-B Power including the Point Lepreau nuclear power plant.
