CF(L)Co ‘confident’ in legal position on Churchill Falls

Staff ~ The Telegram
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The Churchill Falls (Labrador) Corp. — CF(L)Co — will keep fulfilling its contract with Hydro-Québec, according to a statement issued by Nalcor Energy this morning.

The commitment is regardless of the motion filed by Hydro-Québec in the Quebec Superior Court this week.

“CF(L)Co has completed a preliminary review of the motion filed by Hydro-Québec in the Quebec Superior Court this week. The company remains confident it has made a full and accurate interpretation of the terms of the 1969 Power Contract and the 2016 renewal,” reads the statement issued shortly after 8 a.m.

“It is not prudent at this time to comment in detail on the action while the matter is before the courts,” it states.

“Over the coming months, CF(L)Co will provide further information, as required for the case, to clearly articulate the strength of its position. CF(L)Co agrees with Hydro-Québec that this matter should be heard as soon as possible.”

The statement comes ahead of a press conference, to be held at about 10 a.m., at Nalcor Energy’s St. John’s office. Nalcor vice president and Lower Churchill project lead, Gilbert Bennett, will be discussing the Muskrat Falls project, promoted as the first stage in Lower Churchill development.

Later today, the Churchill River waters will be under discussion again as the 2041 Group, a group that has publicly opposed the Lower Churchill project under current plans.

 

telegram@thetelegram.com

Organizations: Hydro-Québec, Nalcor Energy, Quebec Superior Court

Geographic location: Churchill River

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