NB Power

NB Power renews partnership with Shad Valley (09/05/08)

NB 650

May 8, 2009

FREDERICTON (CNB) - NB Power has renewed its partnership with Shad Valley, Canada's leading development program for outstanding Canadian high school students, for an additional five years.

"We are very pleased to continue our longstanding partnership with Shad Valley, which provides unique growth opportunities for both students and our employees," said Paul Thériault, vice-president of human resources. "We remain committed to developing a highly skilled, enthusiastic, and motivated workforce. It is our hope that these talented individuals will view NB Power as an employer of choice, and some will return as employees."

Shad Valley is a national summer enrichment program for youth, focusing on the sciences, technology and entrepreneurship. Top, well-rounded students from across Canada are selected to the program for a challenging, inspirational opportunity that provides learning and growth that lasts a lifetime. As part of the program, students receive internship placements at select host companies across the country to gain real, first-hand experience in the work world.

As part of the renewed agreement, which will run until 2014, Shad Valley will provide NB Power with four students to participate in a one-month internship program each year from 2009 to 2014.

Students will select from a predetermined program, and will establish a learning plan during their internship. Shad Valley will also assist NB Power in hiring four alumni for internships at NB Power.

"Shad Valley and NB Power have enjoyed a long relationship dating back to 1986, and we have used NB Power as an example at how effective these partnerships can be," said Barry Bisson, president of Shad Valley International. "By enhancing this partnership, we can continue to broaden learning opportunities for students, ensuring that they are well-equipped with the necessary skills to enter the workforce."

NB Power employs more than 2,500 New Brunswickers, and consists of a holding company and four operating companies. It operates one of North America's most diverse networks of generating stations consisting of nuclear-, hydro-, coal-, oil- and diesel-powered stations, with an installed net capacity of 3,959 MW. NB Power has established interconnections with neighbouring provinces and the state of Maine. NB Power is committed to serving its more than 375,000 customers in New Brunswick with safe, reliable and efficient electricity.

09/05/08

MEDIA CONTACT: Heather MacLean, manager, media relations 506-458-6618, or e-mail hemaclean@nbpower.com.

09/05/08