John MacIsaac Promoted to President, Newfoundland and Labrador Hydro
John MacIsaac, Vice-President, Project Execution and Technical Services and the Executive lead for Churchill Falls operations, has been promoted to President, effectively immediately.MacIsaac’s focus on rigorous planning, execution and measurement has resulted in the achievement of best-in-class project management standards in these areas of the company, saysNalcor Energy, parent company of Newfoundland and Labrador Hydro.
Over the past 10 years, Nalcor has become a major global energy player managing assets of $2 billion to $11 billion, and projected to grow to $14 billion by 2020. At the same time, the company is preparing for the interconnection to the North American grid, which will fundamentally transform the electricity system in the province. The company is bringing an 824 MW hydro plant online; a new 1,100 km HVDC line from Labrador; incorporating the Maritime-Island-Link connecting Newfoundland and Labrador to Atlantic Canada and New England; introducing new technologies and new systems; and, eliminating the Province’s reliance on oil to meet our growing electricity demands with clean, renewable energy from Muskrat Falls.
“Such significant change and growth requires a fundamental change within our operating mode and organization structure,” says NalcorCEOEd Martin. “Over the past year we have been preparing for this transition and the steps taken today are integral to our success in bringing Muskrat Falls online and exporting our power to markets in the U.S.”
Rob Henderson, former Vice-President, Newfoundland and Labrador Hydro, will lead Nalcor’s transition and integration efforts. This role is critical to the company’s future and is responsible for our long-term model for electricity operations following the in-service of Muskrat Falls and completing all work necessary to ensure a seamless integration of the Muskrat Falls, the Maritime Island Link (MIL), and the Labrador Island Link (LIL) assets into the Newfoundland and Labrador electrical system and the North American electricity grid.
