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 … Read more
On February 2nd, the Municipality of Mississippi Mills’ Council appointed two new members to the Mississippi River Power Corp. Board of Directors. MRPC is pleased to welcome David Goldsmith and Patrick McNeil to the organization. Mr. McNeil has extensive experience in the electricity sector including generation development, procurement, and operations … Read more
MRPC would like to thank outgoing Board members, Paul Virgin and Garry Dalgity, whose terms on the Board came to an end on December 31st. Both individuals served on the Board for many years, making significant contributions. Garry Dalgity was first appointed to the Board as the Mississippi Mills Municipal … Read more
River cleanup yields tons of trash, but treasures too | The Millstone (millstonenews.com)
In June, MRPC President Paul Virgin and General Manager Scott Newton presented a 2019 dividend cheque to Mayor Lowry for $225,000. Over the past five years, MRPC has passed along dividends of $900,000, and nearly $600,000 in interest payments (explained below) to the Municipality. Mississippi River Power Corp. is a … Read more
The Mississippi River Power Corp. (MRPC) is moving ahead with its project to construct a new 5 Megawatt Generating Station in Almonte. MRPC owns the generating assets of the former Almonte Hydro and is wholly-owned by the Town of Mississippi Mills. The existing EcoLogo-certified station will be used as a … Read more