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Wednesday, September 30, 2009

Grand Lake Generating Station to Shut Down

NB Power's Grand Lake generating station is shutting down next June and as a result NB Coal in Minto, it's only customer, will close in December. Darryl Bishop of NB Power says the 58 employees at the mine will get severance packages.

38 workers at the generating facility will be offered positions within NB Power. Bishop says NB Coal would become too expensive to operate because of its age and the cost associated to make it compliant with new environmental regulations regarding mercury and sulfur dioxide levels.