Newfoundland and Labrador Hydro is reporting its financial results for the third quarter of 2021.
The company saw a $16 million dollar increase in province compared to last year, coming in at $33 million due to higher electricity export prices, and the commissioning period energy sales from Muskrat Falls.
The company also had a year-to-date profit of $37 million, compared to last years loss of $120 million.
Capital expenditures for the nine month period, ending September 30th, was $545 million.
