MRPC Pays Dividends

On April 26, 2021, Mississippi River Power Corp. presented a dividend cheque to the Municipality of Mississippi Mills for the year 2020, in the amount of $225,000. Since 2015, MRPC has paid dividends to the Municipality of over $1.1M. In addition we’ve paid nearly $2.3M in interest on the promissory note we have with the Municipality, which relates to the value of the generation assets transferred from Mississippi Mills to MRPC in the year 2000.

These payments by MRPC, help to offset tax increases to all residents of Mississippi Mills.