NB Power

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• Ed Barrett ( Chairman of the Board)
• Gaëtan Thomas ( President and CEO)

NB Power (French Energie NB) is the state-owned power utilities in the Canadian province of New Brunswick, based in Fredericton. In fiscal year 2011/2012 the company achieved a turnover of around 1.64 billion Canadian dollars and employed more than 2,300 people.

Foundation for the establishment of the company was the New Brunswick Electric Power Act was established on the basis of the New Brunswick Electric Power Commission on 24 April 1920.

Corporate Structure

NB Power consists of a holding company and four operating companies:

• NB Power Holding Corporation ( Holdco ) NB Power Distribution and Customer Service ( disco)
• NB Power Generation ( Genco )
• NB Power Nuclear ( Nuclearco )
• NB Power Transmission ( Transco )