US EditionN.B. announces 3-member panel who will review future of debt-laden power utility
- On May 23, 2025, officials in New Brunswick revealed a trio of experts appointed to evaluate the financially troubled public energy company in the province.
- The review follows rising concern over NB Power's $5-billion debt and a 20% rate increase in two years, with speculation about a potential sale.
- The team includes Michael Bernstein, Anne E. Bertrand, and Duncan Hawthorne, who bring expertise in utilities and public service to assess the utility's sustainability.
- The province stated that the review will focus on the utility’s financial health and its attractiveness to investors, while Premier Susan Holt emphasized that continuing current conditions at NB Power is no longer viable.
- Final recommendations from the panel are expected by the end of March 2026, and Holt has declined to speculate publicly about a possible sale during the review.
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16 Articles
Experts selected to find solutions for troubled NB Power
The Holt Liberal government has revealed the three experts it has selected to do a 10-month comprehensive review of NB Power, the troubled public utility that’s angered the public over its big price hikes for electricity.
Winnipeg Free Press
N.B. announces 3-member panel who will review future of debt-laden power utility
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