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Formerly part of Almonte Hydro, Mississippi River Power Corp. is a relatively new corporation, formed as a consequence of Bill 35 (The Electricity Competition Act), which stated that all publically owned utilities in Ontario must separate the generation function of the utility from the wires function.
Mississippi River Power Corp. owns and operates the generating station in Almonte and is exploring the possibility of additional generation on the Mississippi River.
The sole shareholder of MRPC is the Corporation of the Town of Mississippi Mills. As the sole shareholder, the Town has appointed four directors and a representative of Council, as a board to guide the company and make operational and financial decisions.
Hierarchy
Sole Shareholder
Corporation of the Town of Mississippi Mills
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Board of Directors
President - Des Houston
Secretary/Treasurer - John Fraser
Director - Bill Chapman
Director - Paul Virgin
Council Representative - Garry Dalgity
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General Manager
Scott J. Newton |